Coastal Real Estate Santa Cruz, California: Facebook IPO and the phenomenon on San Francisco Bay Area Real Estate

With the Facebook IPO just days away, I don’t doubt this will pull the San Francisco Bay Area Real Estate market out of the doldrums. Sure, we are experiencing a lot of sales, but these are a greater percentage of “Shorts” and” REO’s fuel by international moneied investors. The Facebook IPO will not just effect the direct employee/shareholders, turning them into overnight millionaires but so many ancillary offshoots. We will start seeing more normal sales and the easing of pressure from the average homeowner just wanting to make a change, than so many sales because of home devalue and loss.

$5 Billion (Yes with a B) is the projected figure, the resounding effect can only be positive.

Facebook’s creation and phenomenal engagement with the world in such a short time has been breathtaking. No matter what you might think of Facebook’s founders ethics – Mark Zuckerberg’s continual refinements and resultant creation has been a life changer and mostly for the positive.

The San Francisco Bay Area Real Estate market and I am including Santa Cruz and Monterey in this since Santa Cruz and Monterey Beaches are the weekend get-a-way and vacation destinations for the SF crowd. There is no better, to de-stress and enjoy the gorgeous sunsets, mild temperatures and gentle summer breezes, without the 12 hours of travel time door- to-door.
Many will have the choice of, A Stately Urban enclave, A Private Exec Perch (with ALL the bells and whistles), the Trip in the Sand Beachhouse, to the High Tech, Jaw Dropping Sand Pad! or you can go a little crazy!!