The technology industry in Silicon Valley has for a long time ensured a pretty healthy real estate market. Even with the collapsing economy and housing bubble burst, Silicon Valley weathered the storm far better and rebounded sooner. But things are changing as the tech industry is going south!
As the boundaries between technology and the entertainment industry are merging, more executives and tech people are moving south, to LA: the beaches, Sunset strip and Beverly Hills. They want luxury homes and accessibility to night life which Silicon Valley cannot really offer on the same scale. And it's not just the engineers and techies, but the venture capitalists too that are moving South.
After the dot com bust of 2000-2001, Santa Monica is now well positioned to attract technology firms. 'Silicon Beach', (from Manhattan Beach to Malibu), is seeing rents increases by 10%. But it's not only the coastal areas that are in demand, the Hollywood Hills and Beverly Hills are seeing above average increases in rent, at 5% according to a report in the Wall Street Journal.
If you are moving south and need to find a home to rent or buy, call us, we know the neighborhoods and we can help you find a home whether renting or buying.
As the boundaries between technology and the entertainment industry are merging, more executives and tech people are moving south, to LA: the beaches, Sunset strip and Beverly Hills. They want luxury homes and accessibility to night life which Silicon Valley cannot really offer on the same scale. And it's not just the engineers and techies, but the venture capitalists too that are moving South.
After the dot com bust of 2000-2001, Santa Monica is now well positioned to attract technology firms. 'Silicon Beach', (from Manhattan Beach to Malibu), is seeing rents increases by 10%. But it's not only the coastal areas that are in demand, the Hollywood Hills and Beverly Hills are seeing above average increases in rent, at 5% according to a report in the Wall Street Journal.
If you are moving south and need to find a home to rent or buy, call us, we know the neighborhoods and we can help you find a home whether renting or buying.


















