News & Rankings

Most Favorable Markets for Tech Expansion

Widely recognized tech hubs including the San Francisco Bay Area and Seattle are no longer the obvious spots for large tech companies to expand and/or for new startups to set up shop. Rapid housing cost growth in these areas and saturation of firms competing over limited pools of tech talent may instead push tech companies to shift their gazes elsewhere.

Zillow analyzed market conditions in 42 large metro areas nationwide, focusing on five factors that could suggest a market ripe for tech growth: housing affordability, market 'hotness', labor market dynamics, tech availability, and livability. Read Zillow's article to see why Raleigh was named 'Livable' and 'Up and Coming'.



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