Posts Tagged ‘commercial real estate boom’

HomeVestors Realizes That There Is A Commercial Real Estate Boom In Silicon Valley

Wednesday, August 28th, 2013

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Commercial real estate is being filled quickly in Silicon Valley.  Investors who have the capital should consider investing their funds here.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that investors who have been paying attention to the national real estate market realize that the commercial real estate boom in Silicon Valley gives them a reason to venture to that location.  This market is home to Google, Apple, and a whole host of technological start up companies.  Business is booming here and those who can secure commercial real estate property are likely to find that it is filled faster than it can be completed.

The main locations that are experiencing a commercial real estate boom are Santa Clara County and South San Mateo County.  These areas currently have double the activity in the commercial sector than they did one year ago.  Real estate investors in these two locations are currently developing six million square feet of commercial property and most have a lease already lined up.  Even still, this expansion isn’t enough to house the large number of startups that make Silicon Valley the place to be.

This commercial real estate boom is giving investors of all types a reason to flock to the area.  This strong increase in employment is likely to have an influence on the housing market in the area as well.  Investors who don’t have the capital to purchase commercial real estate could consider investing in the residential rental market in the Silicon Valley area.  Properties from San Francisco to San Jose are likely to feel the push that an influx of fresh talent is likely to bring.

On the other side of the San Francisco Bay is a market that is not experiencing a commercial real estate boom.  The East Bay commercial sector has remained stagnant as of late, but some of the incoming employees that are working in Silicon Valley will choose to rent or purchase property in the East Bay region.  Investors could consider investing in the residential rental market on the east side of the bridge as well.

The entire Bay Area is experiencing a spike in property values, as the market makes a return from its descent.  Those investors who take advantage of the commercial real estate boom in Silicon Valley can invest anywhere in the Bay area and experience the ripple effect that these technology companies are casting throughout the region.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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