Real Estate/Development
Feb. 10, 2004
Silicon Valley to Hit Bottom in 2004
BY BRAD BERTON Special to the CREJ If the Silicon Valley's multifamily market hasn't hit the cyclical bottom at this point, it ought to by this year's holiday season, the experts seem to agree. Their primary supply-and-demand-based evidence: projections of a long-anticipated recovery in local employment and a perennially insufficient apartment-construction pipeline.
BY BRAD BERTON
Special to the CREJ
If the Silicon Valley's multifamily market hasn't hit the cyclical bottom at this point, it ought to by this year's holiday season, the experts seem to agree. Their primary supply-and-demand-based evidence: projections of a long-anticipated recovery in local employment and a perennially insufficient apartment-construction pipeline.
Nor can it hurt the demand component when Santa Clara County's single-family median pri...
Special to the CREJ
If the Silicon Valley's multifamily market hasn't hit the cyclical bottom at this point, it ought to by this year's holiday season, the experts seem to agree. Their primary supply-and-demand-based evidence: projections of a long-anticipated recovery in local employment and a perennially insufficient apartment-construction pipeline.
Nor can it hurt the demand component when Santa Clara County's single-family median pri...
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