Real estate prices expected to soar as Facebook stock is released.

Facebook is valued at some astronomical amount like $100 BILLION… that’s a lot of cheddar that will melt all over the real estate market slowly as stock is released. Should be interesting because right now, inventory is too low for the standard 3 bed 2 bath between $650,000 and $800,000 where many buyers want to purchase. It gives me pause to think that perhaps a few sellers are waiting until the Facebillionares come into their cash and want to buy a house.

What do you think?

http://finance.yahoo.com/news/silicon-valley-homes-costs-lot-123014588.html;_ylc=X3oDMTNuZXR1OTBlBF9TAzExODMzMDAyNTAEYWN0A21haWxfY2IEY3QDYQRpbnRsA3VzBGxhbmcDZW4tVVMEcGtnAzZmM2E4ZGRhLTNlNGUtMzRiNC1iMDgyLWQ4YjgxMzFlYTk4MARzZWMDbWl0X3NoYXJlBHNsawNtYWlsBHRlc3QD;_ylv=3