Saturn, I don't know where you live, but I live in the SC Valley and there was no April bloodbath in houses here. Hardly a pause. Now, as you say about right now, it's hard to say because few people move during the holiday. As for as the dot coms, there really isn't a concentration of them here as there is a concentration of hardware, software, network, etc. companies. Actually, I believe it's south of market in San Francisco that has, or had a plethora of dot com companies. This valley, being mostly infrastructure companies oriented, is what undoubtedly kept the real estate market so high.
Tony |