---
title: The New York Times: If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update - DeLeon Realty
aliases:
  - The New York Times: If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update - DeLeon Realty
url: https://deleonrealty.com/2012/the-new-york-times-if-silicon-valley-costs-a-lot-now-wait-until-the-facebook-update/
page_path: /2012/the-new-york-times-if-silicon-valley-costs-a-lot-now-wait-until-the-facebook-update/
site: deleonrealty.com
organization: DeLeon Realty
date_archived: 2026-06-21
language:
  - en
screenshot: screenshots/blog/2012-the-new-york-times-if-silicon-valley-costs-a-lot-now-wait-until-the-facebook-update.png
tags:
  - DeLeonRealty
  - real-estate
  - bay-area
  - silicon-valley
  - news
  - blog
  - year/2012
---

# THE NEW YORK TIMES: IF SILICON VALLEY COSTS A LOT NOW, WAIT UNTIL THE FACEBOOK UPDATE

> [!quote]
> If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update …When Ken DeLeon, a Silicon Valley real estate agent, recently sold an 8,000-square-foot

News
If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update

…When Ken DeLeon, a Silicon Valley real estate agent, recently sold an 8,000-square-foot house to a Facebook employee, he said, the movers showed up at the client’s old 1,000-square-foot home and asked, “Did you win the lottery?”…A steady stream of would-be buyers walked through the open house Mr. DeLeon held here on Sunday — a 2,325-square-foot home with a small backyard and an asking price of nearly $1.8 million. They checked out the sunken Japanese-style dining room and the heated concrete floors with leaf inlays. Many got lattes from the barista stationed in the backyard…

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![[assets/k8m2KKxClOOXue85XYcQdA.png]]

![[assets/Screen-Shot-2017-04-10-at-5.51.40-PM.png]]

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**DeLeon Realty, Inc.** · Silicon Valley Luxury Real Estate  
📞 650-543-8500 · DRE# 01903224 · https://deleonrealty.com


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![[screenshots/blog/2012-the-new-york-times-if-silicon-valley-costs-a-lot-now-wait-until-the-facebook-update.png]]