Tech Companies Moving to San Diego
More and more tech companies are leaving Silicon Valley and moving to San Diego. They realize that although Real Estate in San Diego seems to be expensive to some, it is relatively inexpensive with a lower cost of living than San Francisco, San Jose, Palo Alto and nearby areas. It makes it very attractive and a top destination for tech people who would like to relocate to San Diego and it makes it easy for tech companies to hire them as well as people that already live in San Diego. It is what many in the tech industry are calling a “Silicon Alternative”.
With the average weather of 70-75 degrees year round, people are able to have a certain lifestyle in San Diego that most people can only dream of. By moving to San Diego, most of the tech start-up companies figure that being a big fish in a small pond is a lot more advantageous than being a small fish in a big pond, such as in Silicon Valley. These companies that are moving here are able to recruit talented tech people that otherwise they would not be able to reach because of the bigger, and more established companies in Silicon Valley scooping them up before the smaller companies even have a chance to speak with them
This, of course, is great for our San Diego Real Estate Market. With many people moving here and looking for homes to buy and rent, it keeps our market very active. Although, if you ask people that have been living here for many years and have not bought homes; they feel the pinch with rising rents. People that are just starting the search for a home to buy realize that now is a great time to buy because of the low-interest rates. Homebuyers realize that with more jobs being created in San Diego, will bring more competition to the Real Estate Market. Many of these people are buying homes now because they realize that prices keep going up and know that when interest rates rise, they will not have as high of purchasing power that they currently have.
If you are thinking of moving to the San Diego Metro Neighborhoods, please do take a look at our website. These are the neighborhoods that we specialize in and will be able to help you with finding and negotiating the best possible deal on a home for you. If you have been thinking about selling your home, with interest rates so low at the present time and the low inventory, you are in a great position.
We will be able to help you with preparing your home so that you can receive the highest dollar amount possible in the current market.