{"id":3723165,"date":"2018-05-05T10:48:44","date_gmt":"2018-05-05T14:48:44","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3723165"},"modified":"2018-05-04T18:39:32","modified_gmt":"2018-05-04T22:39:32","slug":"as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/","title":{"rendered":"As Silicon Valley Luxury Real Estate Soars, These Tech Centers Are Pretenders To Its Throne"},"content":{"rendered":"

No surprise that Silicon Valley real estate is among the most expensive in the nation. The prices of the properties that house the tech elite show no signing of slowing down. A recent report from Pacific Union International showed that home sales over $3 million nearly doubled in the first quarter of 2018 compared to a year ago. That\u2019s an increase of 70 percent. But what about those who are still teetering with coding and chip boards in their garages and haven\u2019t struck the big time? The good news is that Silicon Valley is not their only option. The bad news is that would-be Ubers, Airbnbs and Snap Chatters may have to trade the mild Northern California weather to pursue their dreams. As Amazon searches for their next big HQ<\/a>, a light has been shone on many of these pretenders to S.V.\u2019s tech throne. Here are 10 of the most affordable.<\/p>\n

Albany<\/b><\/h3>\n

Culturally and climatically, Albany and Silicon Valley couldn\u2019t be further apart but all the indicators allude to the fact that big things loom for NY\u2019s state capital.\u00a0<\/span>Firstly, as CNBC noted the city\u2019s number of tech jobs grew 161 percent between 2016 and 2017. Like the city itself, the start-ups weren\u2019t sexy. They didn\u2019t bask in pop-culture credibility, but rather in the nuts-and-bolts health and education sectors. The area is surrounded by as many universities as it has snowfall during the winter. It also benefits from New York\u2019s sizable $1.4 trillion GDP and well touted tax breaks for new businesses. And what\u2019s more, what you would pay for a garden shed in Silicon Valley could buy a mansion near Albany.<\/p>\n

\n

Atlanta<\/b><\/h3>\n
\"3509
3509 Tanners Mill Circle, Gainesville, GA 30507 is listed for $16,500,000 by Haute Residence partner Debra Johnston<\/figcaption><\/figure>\n

It\u2019s one of Amazon\u2019s top 20 HQ candidates and last year Forbes described it as one of the top five \u201cUS cities poised to become tomorrow\u2019s tech meccas.\u201d It\u2019s got the population (close to half a million), the climate and is fairly cheap to live in. Throw in universities, an international airport and all the other franchises, businesses amenities (sports, commerce, CNN is based there) and Atlanta is a great place to live and work.<\/p>\n

For more information on Atlanta’s real estate market, contact Haute Residence partenr Debra Johnston<\/a><\/span>.<\/h4>\n
\n

Pittsburgh<\/b><\/h3>\n

Since the steel industry’s collapse in the \u201970s and the population exodus in the ensuing years, Pittsburgh has been the poster child for renewal through technology. A big draw has been Carnegie Mellon\u2019s highly respected computer science program leading to Google basing a campus there which has since been significantly expanded. According to CBRE’s annual Tech-30 Report, the city’s technology talent pool expanded by 31.4 percent from 2015 to 2016, placing it third overall behind San Francisco and Charlotte. Housing is very affordable \u2014 the median price is $135,465 \u2014 and it has well-established medical, banking and sports franchises and room for a rapid population increase, which would happen if Amazon decides to base its HQ there as many in Pittsburgh\u2019s real estate industry hope it will.<\/p>\n

\n

Cleveland<\/b><\/h3>\n

Like nearby Pittsburgh, Cleveland has re-invented itself from its blue-collar roots to a progressive tech hub.\u00a0 <\/span>The highly regarded Cleveland Clinic is a center of innovation for the area. The city\u2019s Health-Tech Corridor Director, Jeff Epstein told Forbes why he thinks tech companies should be based there:<\/p>\n

“Cleveland is a prime location for innovative health-tech and high-tech companies. The heart of Cleveland is a leading biomedical, health-care and technology region. It offers easy access to clinicians, researchers and state-of-the-art lab infrastructure inside world-class institutions. The cost of living is 30 percent to 60 percent lower than that of Boston, Silicon Valley, and NYC.\u201d<\/p>\n

\n

Detroit<\/b><\/h3>\n

If you haven\u2019t heard, once much maligned Detroit is enjoying the kind of revival that would put many of its Baptist churches to shame. But this is real estate<\/a> not the Holy Ghost. Old buildings are catching the renovation spirit and going from grit to glitz. And business appears to be booming along with construction. The New York Times<\/em> reported that only 7 percent of office space is vacant today compared to 30 percent a decade ago. And, at the tail-end of 2007 Ford Motors announced it would use downtown Detroit to base its self-driving and electric car development.\u00a0<\/span><\/p>\n

Like other Mid-West cities, Detroit\u2019s phoenix has risen thanks to the tech sector with the field growing by 55 percent or more between 2011 and 2016, according to CBRE. And despite the construction boom, housing is still incredibly cheap.<\/p>\n

\n

Kansas City<\/b><\/h3>\n

Kansas City is already being dubbed \u201cSilicon Prairie.\u201d ZipRecruiter analyzed that network engineering and web development jobs in the area increased by 157 percent year-over-year in 2016. The median pay for mid-career tech jobs is around $90,000 a year. Pretty good considering the median house price is $189,000 and the median rent $900\/month. Twenty percent of the city\u2019s population are well educated with tech workers making up 5 percent according to a 2017 report by the Ewing Marion Kauffman Foundation.<\/p>\n

\n

Philadelphia<\/b><\/h3>\n
\"1
1 Firethorn Lane, Malvern, PA 19355 is offered at $1,997,500 by Terese Brittingham and Tom McCouch<\/figcaption><\/figure>\n

Aside from the fact that it\u2019s an already established major city with everything that comes with it \u2014 prestigious universities, transportation, businesses and sports franchises, Philly has made huge strides in gene therapy to battle cancer. Spark Theraputics CEO Jeffrey Marrazzo told Philadelphia Magazine, “I can make the argument that Philadelphia has the greatest concentration of foundational research in gene and cell therapy in the world.\u201d Employment portal Dice stated that Philadelphia had the highest year-over-year growth for tech salaries in 2017, bettering Silicon Valley itself.<\/p>\n

For more information on the real estate market in Philadelphia and larger Pennsylvania, contact Haute Residence partners Terese Brittingham and Tom McCouch<\/a><\/span> of Keller Williams Realty Group.<\/h4>\n
\n

Phoenix\u00a0<\/span><\/b><\/h3>\n

While the weather and tech sector might be hot, the house prices in Phoenix are not \u2014 $227,849 according to Zillow, an increase of 10 percent over the past year. They are predicted to rise a further 4.3 percent next year. What has skilled workers arriving at Phoenix in their droves is the city\u2019s staggering 188 percent one-year increase in tech jobs between 2016-2017 with companies such as General Dynamics, Datashield and MST Solutions being the big employers.<\/p>\n

\n

Salt Lake City<\/b><\/h3>\n

Salt Lake City is a city known for start-ups. In fact, Entrepreneur<\/em> reported that Salt Lake\u2019s fledgling tech businesses had a value of $12 billion as of mid-2017. It ties in to the U.S. Chamber of Commerce\u2019s No. 1 ranking for Utah for innovation and entrepreneurship and No. 2 for high tech performance in 2017.<\/p>\n

\n

Tampa<\/b><\/h3>\n
\"204
204 Harbor View Lane, Largo , FL 33770 is offered at $9,995,000 by Jennifer Zales<\/figcaption><\/figure>\n

Even tech types are vulnerable to celebrity pixie dust and when that pixie dust is being sprinkled by one of their own \u2014 Bill Gates \u2014everyone pays attention. Gates, along with business partner Jeff Vinik, plans to invest billions of dollars to make Tampa tech incubator, or as Forbes described it, “a model city of the future.\u201d According to CNBC, 200 new residents flock to the city each day. Couple this with noted research institute, The University of South Florida and a median house price of $172,000, which is considerably cooler than the climate, and expect the number of Tampa transplants to increase.\u00a0<\/span><\/p>\n

For more information on Tampa’s real estate market, contact Haute Residence partner, Jennifer Zales<\/a><\/span>.<\/h4>\n","protected":false},"excerpt":{"rendered":"

Silicon Valley is where tech dreams come true if you can afford to live there. If you can’t the good news is that other cities may be able to fill the void.<\/p>\n","protected":false},"author":112,"featured_media":3723179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[15075,48,15077,15078,15079,14418,15076,15080,296,13265,15081,3315],"class_list":["post-3723165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-albany","tag-atlanta-ga","tag-cleveland","tag-detroit-kansas-city","tag-philadelphia","tag-phoenix","tag-pittsburgh","tag-salt-lake-city","tag-silicon-valley","tag-tampa","tag-tech-hub","tag-technology"],"acf":[],"yoast_head":"\nAs Silicon Valley Luxury Real Estate Soars, These Tech Centers Are Pretenders To Its Throne<\/title>\n<meta name=\"description\" content=\"Silicon Valley is where tech dreams come true if you can afford to live there. 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If you can't the good news is that other cities may be able to fill the void.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/\" \/>\n<meta property=\"og:site_name\" content=\"Haute Residence by Haute Living\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hauterealestatenetwork\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-05T14:48:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-05-04T22:39:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/shutterstock_203101042.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"558\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Vasishta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@HResidence\" \/>\n<meta name=\"twitter:site\" content=\"@HResidence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeff Vasishta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/\"},\"author\":{\"name\":\"Jeff Vasishta\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#\/schema\/person\/2cae6fc4fc05c4ad8e153854852d9e0a\"},\"headline\":\"As Silicon Valley Luxury Real Estate Soars, These Tech Centers Are Pretenders To Its Throne\",\"datePublished\":\"2018-05-05T14:48:44+00:00\",\"dateModified\":\"2018-05-04T22:39:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/\"},\"wordCount\":1241,\"publisher\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#organization\"},\"image\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/as-silicon-valley-luxury-real-estate-soars-these-tech-centers-are-pretenders-to-its-throne\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/shutterstock_203101042.jpg\",\"keywords\":[\"Albany\",\"Atlanta\",\"Cleveland\",\"Detroit. 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