38.3% of home sales in San Francisco so far this year closed all cash
For singe family homes 33% closed all cash
For condos 43% all cash
Charts below from Old Republic Title on "all cash" purchases by price point for single family homes and condos
If Anthropic IPOs at a $2 trillion valuation
It will be 4x larger than all the IPOs in the history of San Francisco combined
When/if Anthropic, OpenAI, Databricks IPO
We are truly in for the mother of all booms in San Francisco and all that entails. The scale will have no precedent