Statistics Archives - The Ivy Group https://www.ivycommercial.com/category/statistics/ Commercial & Investment Real Estate Mon, 16 Sep 2024 17:08:43 +0000 en hourly 1 https://wordpress.org/?v=6.7.1 https://www.ivycommercial.com/wp-content/uploads/2020/09/cropped-full_icon-32x32.png Statistics Archives - The Ivy Group https://www.ivycommercial.com/category/statistics/ 32 32 Largest Vehicle Technology Companies in the Greater Bay Area https://www.ivycommercial.com/10475/ https://www.ivycommercial.com/10475/#respond Mon, 16 Sep 2024 17:08:43 +0000 https://www.ivycommercial.com/?p=10475 Ahavah Revis Sep 13, 2024, 3:00am PDT This List includes vehicle technology companies located in the Greater Bay Area, which is defined as Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma counties. Information was obtained from company representatives and SFBT research. In case of […]

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Ahavah Revis

This List includes vehicle technology companies located in the Greater Bay Area, which is defined as Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma counties. Information was obtained from company representatives and SFBT research. In case of ties, number of Bay Area employees was used as secondary ranking criteria.

Ranked by Companywide employees

Company
Website		 Bay Area address
Contact		 Companywide employees1 Bay Area employees Type of technology Top local executive
1
Tesla Inc.
tesla.com
3500 Deer Creek Rd.
Palo Alto, CA 94304
650-681-5000
140,473
22,0002
Electric vehicle manufacturing
Elon Musk, CEO
2
Nio Inc.
nio.com
3151 Zanker Rd.
San Jose, CA 95134
408-781-5719
30,0002
2002
GPS for autonomous applications including electric vehicles
Ganesh Iyer, CEO, Nio U.S.
3
Nvidia Corp.
nvidia.com
2788 San Tomas Expwy.
Santa Clara, CA 95051
408-486-2000
29,600
NR
Hardware, software and cloud services for self-driving vehicle deployment
Jensen Huang, CEO
4
Rivian Automotive
rivian.com
2708 Orchard Pkwy.
San Jose, CA 95134
866-955-1157
16,7902
1,6003
Electric vehicle manufacturing
RJ Scaringe, CEO
5
Keysight Technologies Inc.
keysight.com
1400 Fountaingrove Pkwy.
Santa Rosa, CA 95403
800-829-4444
14,900
NR
Vehicle design and test solutions
Satish Dhanasekaran, CEO
6
Lucid Group Inc.
lucidmotors.com
7373 Gateway Blvd.
Newark, CA 94560
510-648-3553
6,5002
NR
Electric vehicle manufacturing
Peter Rawlinson, CEO/CTO
7
Waymo LLC4
waymo.com
1600 Amphitheatre Pkwy.
Mountain View, CA 94043
650-253-0000
2,7422
NR
Autonomous vehicle technology development and testing
Tekedra Mawakana, Co-CEO
Dmitri Dolgov, Co-CEO
8
Cruise
getcruise.com
333 Brannan St.
San Francisco, CA 94107
415-754-3464
2,2002
NR
Autonomous vehicle technology development and testing
Rashed Haq, VP, Head of AI and Robotics
8
Zoox Inc.
zoox.com
1149 Chess Dr.
Foster City, CA 94404
650-539-9669
2,2002
NR
Autonomous vehicle software and hardware
Aicha Evans, CEO
10
Aurora Innovation Inc.
aurora.tech
280 N. Bernardo Ave.
Mountain View, CA 94043
888-583-9506
1,800
600
Autonomous semi- and heavy-duty trucks and passenger vehicles
Chris Urmson, CEO
11
Joby Aviation Inc.
jobyaviation.com
2155 Delaware Ave. #225
Santa Cruz, CA 95060
831-426-3733
1,7772
NR
All-electric air taxi manufacturing
JoeBen Bevirt, CEO
12
Nuro Inc.
nuro.ai
1290 Terra Bella Ave.
Mountain View, CA 94043
650-353-6573
700
550
Autonomous driving system
Dave Ferguson, President
13
Wisk Aero
wisk.aero
2700 Broderick Way
Mountain View, CA 94043
650-449-6575
700
350
Electric vertical take off and landing air taxi manufacturing
Sebastien Vigneron, Senior VP of Engineering and Programs
14
Starship Technologies Inc.
starship.xyz
535 Mission St.
San Francisco, CA 94105
415-429-5652
528
NR
Autonomous delivery robots
Alastair Westgarth, CEO
15
Ouster Inc.
ouster.com
350 Treat Ave.
San Francisco, CA 94110
415-987-6972
300
80
Lidar sensors for autonomous systems
Mark Sandoval, VP, Automotive Products and Programs
16
Real-Time Innovations
rti.com
232 E. Java Dr.
Sunnyvale, CA 94089
408-990-7400
280
50
Automotive-grade software for vehicles
Stan Schneider, CEO
17
Saildrone Inc.
saildrone.com
1050 W. Tower Ave.
Alameda, CA 94501
NR
256
222
Unmanned surface vehicles and ocean drones
Richard Jenkins, CEO
18
aiMotive
aimotive.com
1907 Colony St.
Mountain View, CA 94043
650-282-5085
253
4
Automotive simulation technology including simulator, data tools and hardware
Krisztina Förhécz, CFO
19
PlusAI Inc.
plus.ai
3315 Scott Blvd. 3rd Fl.
Santa Clara, CA 95054
info@plus.ai
200
150
Driverless technology for autonomous trucks
David Liu, CEO
20
Kodiak Robotics
kodiak.ai
1049 Terra Bella Ave.
Mountain View, CA 94043
650-209-8005
200
122
Autonomous technology for long-haul trucking
Don Burnette, Founder/CEO
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]]> https://www.ivycommercial.com/10475/feed/ 0 https://www.ivycommercial.com/10421/ https://www.ivycommercial.com/10421/#respond Sat, 17 Aug 2024 23:05:23 +0000 https://www.ivycommercial.com/?p=10421 By Joanne Drilling – National Data Reporter, The Business Journals Jun 16, 2024 Updated Jun 16, 2024 11:19pm PDT If you’re searching for a good deal on a home, the Midwest could be a good place to look. California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone. That’s according to […]

The post appeared first on The Ivy Group.

]]>
By Joanne Drilling – National Data Reporter, The Business Journals
Updated 

If you’re searching for a good deal on a home, the Midwest could be a good place to look.

California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone.

That’s according to data from First American Financial Corp., which found the housing markets in several major metro areas are overvalued compared to the actual buying power of local residents.

The analysis took income levels, home prices and interest rates into account to determine whether markets were overvalued or undervalued.

Home prices have soared nationally over the past decade — especially during the pandemic — and that’s driving a significant affordability crisis in many regions. High interest rates and a sustained lack of inventory aren’t helping matters.

The dynamic is leading some cities to rethink their zoning laws or search for other solutions to make housing more affordable.

The most overvalued housing markets

As of March, homes in several California communities were among the nation’s most overvalued compared to local buying power.

In Los Angeles, buying power was a mere $413,108 compared to the median existing home price of $923,750 — meaning homes were valued at 124% above buying power.

San Jose (98%) wasn’t far behind. Even with tech layoffs and migration trends, housing affordability in Silicon Valley and the San Francisco Bay Area remains a significant challenge.

Buying power in San Jose was $722,849, while home prices were almost double, at $1.43 million.

San Diego’s median price was 80% higher than what its residents could afford, while San Francisco’s was 76%.

Sky-high home prices in California, among other factors, have prompted many to leave the state.

Midwest may have room to grow

Conversely, buying power data suggests several cities across the Rust Belt have significant opportunity for property to appreciate.

Some also rank among the strongest markets for first-time homebuyers.

In Detroit, median home prices were $216,126. That’s 44% below the local buying power of $388,258. After a period of challenges, the Motor City more recently has become a poster child for revitalization amid a frenzy of new development.

Meanwhile, homes in Cleveland were selling near $182,500, while residents could typically afford $310,572 — meaning homes were 41% less than local buying power. In Pittsburgh, the median home price of $188,100 was 39% below the buying power of $310,802.

Economists say housing prices continue to pinch many buyers — and interest rates aren’t helping matters.

Researchers at Redfin Corp. noted earlier this year that homeowners are staying in their homes twice as long as they did back in 2006, when the median homeowner spent 6.5 years in one place.

That figure reached 13.4 years in 2020 but has since dipped to 11.9 years as of 2023.

“Americans who already own homes benefit from rising values and can consider themselves lucky they broke into the housing market while they could still afford it,” said Elijah de la Campa, senior economist at Redfin, in a statement. “On the other hand, price appreciation makes the prospect of buying a new home daunting or even impossible for many people who want to move.”

The post appeared first on The Ivy Group.

]]> https://www.ivycommercial.com/10421/feed/ 0 These are the most overvalued — and undervalued — housing markets https://www.ivycommercial.com/10261/ https://www.ivycommercial.com/10261/#respond Thu, 04 Jul 2024 15:34:41 +0000 https://www.ivycommercial.com/?p=10261 By Joanne Drilling – National Data Reporter, The Business Journals Jun 16, 2024 Updated Jun 16, 2024 11:19pm PDT If you’re searching for a good deal on a home, the Midwest could be a good place to look. California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone. That’s according to […]

The post These are the most overvalued — and undervalued — housing markets appeared first on The Ivy Group.

]]>
By Joanne Drilling – National Data Reporter, The Business Journals
Updated 

If you’re searching for a good deal on a home, the Midwest could be a good place to look.

California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone.

That’s according to data from First American Financial Corp., which found the housing markets in several major metro areas are overvalued compared to the actual buying power of local residents.

The analysis took income levels, home prices and interest rates into account to determine whether markets were overvalued or undervalued.

Home prices have soared nationally over the past decade — especially during the pandemic — and that’s driving a significant affordability crisis in many regions. High interest rates and a sustained lack of inventory aren’t helping matters.

The dynamic is leading some cities to rethink their zoning laws or search for other solutions to make housing more affordable.

The most overvalued housing markets

As of March, homes in several California communities were among the nation’s most overvalued compared to local buying power.

In Los Angeles, buying power was a mere $413,108 compared to the median existing home price of $923,750 — meaning homes were valued at 124% above buying power.

San Jose (98%) wasn’t far behind. Even with tech layoffs and migration trends, housing affordability in Silicon Valley and the San Francisco Bay Area remains a significant challenge.

Buying power in San Jose was $722,849, while home prices were almost double, at $1.43 million.

San Diego’s median price was 80% higher than what its residents could afford, while San Francisco’s was 76%.

Sky-high home prices in California, among other factors, have prompted many to leave the state.

Midwest may have room to grow

Conversely, buying power data suggests several cities across the Rust Belt have significant opportunity for property to appreciate.

Some also rank among the strongest markets for first-time homebuyers.

In Detroit, median home prices were $216,126. That’s 44% below the local buying power of $388,258. After a period of challenges, the Motor City more recently has become a poster child for revitalization amid a frenzy of new development.

Meanwhile, homes in Cleveland were selling near $182,500, while residents could typically afford $310,572 — meaning homes were 41% less than local buying power. In Pittsburgh, the median home price of $188,100 was 39% below the buying power of $310,802.

Economists say housing prices continue to pinch many buyers — and interest rates aren’t helping matters.

Researchers at Redfin Corp. noted earlier this year that homeowners are staying in their homes twice as long as they did back in 2006, when the median homeowner spent 6.5 years in one place.

That figure reached 13.4 years in 2020 but has since dipped to 11.9 years as of 2023.

“Americans who already own homes benefit from rising values and can consider themselves lucky they broke into the housing market while they could still afford it,” said Elijah de la Campa, senior economist at Redfin, in a statement. “On the other hand, price appreciation makes the prospect of buying a new home daunting or even impossible for many people who want to move.”

The post These are the most overvalued — and undervalued — housing markets appeared first on The Ivy Group.

]]> https://www.ivycommercial.com/10261/feed/ 0