The rise of AI in Silicon Valley is impacting the housing market in fascinating ways! While tech giants like Facebook experience layoffs, AI companies are on a hiring spree, attracting new residents with high earning potential.
This, combined with low inventory, has driven bidding wars for desirable, move-in-ready homes. During open houses, potential buyers witness the fierce competition firsthand, fueling their urgency to secure a property before prices climb further.
What’s happening in your market? Share your observations in the comments below!
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