12.06.2012 - Follow the tech industry for luxury-home listings
Where tech is booming, the luxury real-estate sector probably isn’t far behind. A recent data crunch by real-estate listings and information company Zillow showed that in the roughly 3½-month period between Facebook filing its IPO paperwork and its shares starting to trade, the proportion of million-dollar listings in Menlo Park, Calif., where the company is headquartered, jumped 87%. Jeff Mallett, the former chief operating officer of Yahoo Inc. whose house is featured as today’s House of the Day, knows something about the housing markets near and dear to the hearts’ of Silicon Valley employees...............................................Full Article: Source
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