Posted by: BayAreaComRE | March 9, 2010

…but the Bay Area COM RE Index is up 6.58%!

Although our post from last evening regarding unemployment was a little “Negative Nancy”…we’re excited to report that our made-up index since inception is up 6.58%. We’re outpacing the S&P which is only up 3.8% in the same period. As suspected, Bay Area companies, and even real estate related ones, are market leaders for the time being.

For more on the basis of the index click here.

On a side note, we’re closely monitoring Cisco’s (CSCO) announcement at 8AM PST that apparently will “forever change the Internet”, more on that later.

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Responses

  1. Looks like the announcement was nothing more than a new router: http://www.marketwatch.com/story/cisco-rolls-out-major-new-router-product-2010-03-09


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