Bay Citizen/New York Times called me last week for my take on a rumor that San Francisco sellers were waiting to list their homes until after the Facebook IPO. They are allegedly counting on thousands of newly minted millionaires and all cash offers on their homes. Rumor or not, Facebook fever is hitting a feverish pitch. One Silicon Valley executive is willing to trade his 10,000 sq ft 11 acre home in Los Gatos for a stake in Facebook! Are you freaking kidding me? Has the Bay Area gone bonkers or is Facebook really that valuable?!
