Silicon Valley: How Sweet It Is

Gino Blefari loves stock options. Not that the Silicon Valley realtor owns any. But the high-tech execs who shop for homes at his Contempo Realty branch in Cupertino certainly do. And this year's extraordinary runup in technology stocks--chip stocks are up 93%, software 40%--has given a long-awaited boost to the housing market in this island of California prosperity. "My clients are watching their stocks doubling, and doubling, and doubling again," Blefari crows.

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