SAN JOSE, Calif.SAN JOSE, California-Lake Tahoe area real estate agents, hungry for sale after the housing bubble, relying on the Bay Area tech industry boom to help produce the next crop of vacation home buyers million dollar.
The market for vacation homes cost more than $ 1 million, though it fell during the year, turned in a strong performance in the third quarter, according to Coldwell Banker. It was partly due to buyers of Silicon Valley, vacation home developers and real estate agents said.
“People are starting to feel a little better about things. Silicon Valley types of spearheading the resurrection. We see people who are making their way into the market, “said Jim Tahoe Telling East-West partners, the developer Home Run at Northstar.
Some buyers of the tech industry have been snapped up vacation House recently that are run from $ 1 million to $ 4 million or more.