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Furthermore, the average monthly inventory of homes for sale in Silicon Valley increased 15% from 2017 to 2018. [3] Real estate agents report an increasing number of middle-aged and elderly residents selling their homes and moving to more affordable locations, and although this has not made the housing market "affordable", it is causing changes.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
The homeowner vacancy rate was 1.6%; the rental vacancy rate was 3.9%. 5,921 people (85.6% of the population) lived in owner-occupied housing units and 608 people (8.8%) lived in rental housing units. Forbes ranked Atherton as second on its list of America's Most Expensive ZIP Codes in 2010, listing median house price as over $2,000,000. [46]
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Lennar proposed a $2-billion project to build 10,500 homes, including rentals, and commercial spaces atop the former Hunters Point Naval Shipyard, and a new football stadium for the San Francisco 49ers, and a shopping complex for Candlestick Point. The stadium would reinvigorate the district, but the 49ers changed their focus to Santa Clara in 2006
Get the Sunnyvale, CA local weather forecast by the hour and the next 10 days.