Silicon Valley luxury home market heats up amid AI boom – Yahoo Finance
Artificial intelligence companies’ explosive growth is boosting the San Francisco Bay Area’s luxury real estate market. Sales of homes priced at $5 million or more in Santa Clara County — the most populated county in the Bay Area and home to Silicon Valley — spiked in April. The median home price is nearly $1.8 million, according to real estate agency Compass. Local analysts and agents attribute the bull run to the success of tech companies, most notably in the AI industry. “There’s been a huge increase in value in stock…
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