The big-ticket sales were concentrated in the South Bay, Peninsula and San Francisco, where companies such as Google and Facebook were sending waves of newly minted millionaires out searching for their dream homes, which were in short supply. Bidding wars pushed high prices even higher.
Mercury News has the latest stats for lux properties in SF/Silicon Valley, and it's getting mind boggling. $1M dollars don't get you much round these parts.
In Today's Episode of Crazy Things Rich White People Do: $2M Mansion in Marin Burns to The Ground The Day of Tenant Eviction! Arson or Coincidence?!
Let's Celebrate Judge Judy's New $10M Beverly Hills Mansion: Watch Her Cut This Landlord Who Claims Tenant Makes Whoopie Too Loud! LOL!
All The Glitz & Glam Can't Save Versace Mansion Embroiled in Legal Problems! Price Cut from $125M to $75M!
R.I.P. Marty of Madagascar!...This Is Real Photo of $3.4M Atlanta Mansion...Boy, This Stager Has Got ISSUES!!
Check out this fantabulous Beaux-Art mansion in San Francisco's exclusive neighborhood Presidio Terrace. And by exclusive, we mean class-ist, folks. LOL. It's super gated to block us proletariat riff-raff out! They used to be racist there too! Ain't no place for a working class gaysian like me. More pix and info at Huff Post!
Home to California Senator Dianne Feinstein before she decamped for Pacific Heights in 2006, Presidio Terrace is infamous for its long-invalidated race restrictions. "There is only one spot in San Francisco where only Caucasians are permitted to buy or lease real estate or where they may reside," read an early 20th Century advertisement about the neighborhood. "That place is Presidio Terrace."
Facebook COO Sheryl Sandberg, Google Desktop's Steve Lawrence & Danis Dayanov of Talkatone/LinkedIn ALL paid a small fortune to buy a house in Silicon Valley, only to demolish it and build a new home! Gadgets or property, them tech nerds will always love shiny new things!
After lingering on the market since 2010, this overly gaudy, er decorated, Bel Air Mansion in California finally slashed its price from $40m to $25M. Some ppl are just slow learners!