Silicon Valley Real Estate Trends | Tips for Home Sellers
Silicon Valley is experiencing a Seller’s Market. When compared to demand, the supply of houses that go on the market for sale are very low. It seems like supply continually stays low while the buyer pool continually grows stronger. Increasing job opportunities spurred by the technology movement have had a huge impact on the Silicon Valley Housing market. Big companies like Facebook, Google and The Box are hiring from all over the world, and all those employees are looking for homes as they move in.
The Peninsula has money coming in from large corporations like Apple, Yahoo and Google that have a ton of money. These wealthy businesses continue to buy and expand their companies, so it is flooding the area with money and with people that need to find an area to live.When I help homebuyers navigate through the Peninsula, the first thing I do is meet with them after our first phone conversation. I like to have them sit down with me and discuss what they are looking for in a home and community.
Whether it’s schools, weather, social attractions, walkability or anything else, we first determine the type of lifestyle they want to live, then nail down the specific aspects of their life that are the most important to focus on. From there we pick an area, and sometimes it ends up being multiple areas. At the end of the day we try to narrow it down to a few neighorhoods simply because the Peninsula is so broad, and you will find unique microclimates, as you travel up North.
Want to learn more about Silicon Valley real estate, or are you interested in purchasing or selling a home? Contact me today, and I would love to get you started.
David Weil
David currently resides in Menlo Park with his wife and two daughters. He is an active member of the community and the Las Lomitas School District.
- Silicon Valley | Tips for Home Sellers 2015 - August 3, 2015
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