San Francisco’s luxury property went from Ghost Town to gold rush.
After the post of citizens after the post, the city is now facing a renovation at the most scale of the housing market, which has a massive explosive success of artificial intelligence.
The Luxury Outlook report of Suthebi’s International Reality revealed that more and more houses have sold more than 20 million in San Francisco, compared to any year in record. Experts say the rehabilitation is operating with AI’s rise and a flood of new wealth that it has created between founders or engineers who are seeking roots near the center of the industry.
“The thinking is that AI is the next major source of wealth creation in the global economy,” Bradley Nelson told Bradley Nelson, Bradley Nelson, Bradley Nelson. “San Francisco really became a magnetic place because if a businessman or tech investor was saying, ‘Well, I want to bet in AI.’ They were deciding that they needed to do this in San Francisco and the Bay Area to access the labor pool with this technical skill.
The Gulf is the head of high -AI, Chat GPT creator, as well as highly influential companies such as countless startups and research labs. Among the highest real estate deals, $ 70 million has been purchased by Lauren Powell Jobs on the ranks of San Francisco’s faulty billion leaves.
Nelson also found that buyers were not receiving only $ 20 million worth of properties on ultra high end, but millions of more multiple, customs renovation, and set clear intentions to live in the city. “In 2025, the luxury real estate market has so far stepped up as a paradis safe haven,” he told Bloomberg. He recently supported the selected Mayor Daniel Lori with most of San Francisco’s return.
According to Sutbi International Reality, the other luxurious residential markets on the rise include New York City, where the property costs $ 10 million and more. The report also mentions an emerging luxury market in the deer Valley of Utah, where a state record for sale of more than $ 15 million has been made.
