How Google will affect the Bay Area housing market

With all of the news regarding the recent Google activity in the Bay Area, many are wondering what’s really going on and how it may affect the housing market in the future. For those that don’t have time to research this, here’s the quick and dirty overview. Google is currently in the process of purchasing 40 acres of land in downtown San Jose which will bring around 20,000 jobs and thousands of new residential units to the area over the next decade. With more jobs and more housing supply, this will definitely attract additional business developments. While nothing is certain, one can reasonably assume that this Google investment will entice major growth in the local economy. There are many arguments for and against this development but one thing is certain, the future will be rife with change. How will you prepare? If you would like a no commitment real estate consultation, hit us up!