Category Archives: Silicon Valley Real Estate

Want a Silicon Valley Home with the Most Classic California Views?

 Choose Your View, Then Find Your Home!

True luxury isn’t just about the detailed crown molding, sparkling granite counters, or the jetted bathtub in the expansive master suite. It’s not just the custom backyard pool or the exquisite landscaping. True luxury comes with a view. And in California, there are a few different classic vistas from which to choose.

Mountain ViewsRS4041_iStock_000004369944_Large-scr

Purple mountains majesty and elegantly jagged peaks march into the horizon for some truly spectacular views from the expansive windows, sprawling backyards, or private balconies of these stunning luxury homes. While many homes of the Valley offer small glimpses, these offer nothing short of true magnificence.

Summer landscape in Langhe (Piedmont, Italy), with vineyardsOrchard/Vineyard Views

California is known for nothing if not for its wine! And what better way to celebrate wine country than with a breathtaking view overlooking the neat rows of a lush vineyard? Plenty of crops are also grown in the surrounding regions, lending some beautiful panoramic natural views to many of the homes in the area.

Water Viewsbench-801727_1280

Who doesn’t love a classic water view? Sparkling lakes, shining rivers, bubbling streams… there’s something about water that almost defines luxury, making homes with water views or water access some of the most desirable on any real estate market. These homes are no exception—astounding luxury awaits.

LAS VEGAS - MAR 4: Las Vegas, bills itself as The Entertainment Capital of the World, is famous for the number of casino resorts and associated entertainment. March 4, 2010 in Las Vegas, Nevada.City Views

Nothing says big-city living like a classic city skyline or a sparkling urban sprawl extending out beneath a scenic hill or overlook. Whether you’re looking for heart-of-the-hustle views or that manion-on-a-hilltop vista, you’ll find a stunning urban view to more than satisfy your discerning tastes from amongst these stunning Valley homes.

Discover Luxury in the Heart of the Silicon Valley

Whether or not you’re looking for one of these classic California views, living in the Silicon Valley is a lifestyle of big opportunities for work, play, and luxurious living. Discover some of the most luxurious and exciting towns and cities of the Valley, from small-town quaint to big-city bustling. Then, start searching luxury homes for sale within your favorite communities, or just contact us to learn more and find your dream home in the Silicon Valley.

The Silicon Valley: Home to the Most Expensive Zip Codes in the US

RS201_iStock_000005961236Medium-scrLooking for luxury in the Silicon Valley? It won’t be hard to find—some of the most expensive and luxurious homes can be found throughout the communities of the Silicon Valley and Bay Area. In fact, according to a 2015 Forbes study, California zip codes, and especially those of the Silicon Valley and Bay Area, dominate the charts for most expensive zip codes in the US.

The Most Expensive Zip Codes in America

Coming in at the #1 most expensive zip code was the Silicon Valley’s own 94027 of Atherton, a luxurious community located just north of Palo Alto (which had a high-ranking zip code of its own). The median home price of this extravagant community was just over $10.5 million, a cost that might seem absurd, but with the abundance of lavish mansions, lush landscaping, and top-rated schools within its boundaries—not to mention its easy commute to top-tier tech jobs in Menlo Park and Palo Alto—it’s not an unbelievable pricetag.

RS3405_iStock_000021808235Medium-scrOther Top Zip Codes of the Valley

Following Atherton for most expensive zip codes in the Silicon Valley/Bay Area were 94062 of Woodside and 94010 of Hillsborough (both Bay Area communities). The next Silicon zip was 94022 of Los Altos Hills, coming in at number 11 nationally and second in the Valley. Its median price of $2.4 million is due in part to its scenic landscape of rolling hills and valley, and partially to its absolutely breathtaking architecture of stately mansions. Following just behind San Francisco (#22 nationally) came Palo Alto’s 94301 (#36 nationally, third in the Valley) with a median price of $2.2 million. Los Gatos and 95030 came in fourth (51st in America) at $1.8 million.

What Does This Mean for the Silicon Valley?achievement-18134_640

The Valley is growing, demand is rising, and prices are climbing. Luxury has a price, as does the convenience of living in the technology hub of America. The Valley is fast becoming an exclusive Hollywood-esk location for corporate business execs and tech wizards—the place that calls to the rich, the famous, the important, and those seeking the absolute in modern luxury.

If you’re one of those seekers of extravagance, now is the time to act. Start by learning more about the communities of the Silicon Valley and exploring luxury homes for sale. And when you’re ready to find that dream palace, contact us and we will help you make that dream a reality.

Tips for First-Time Home Buyers in the Silicon Valley

You’ve decided to buy your first home, and you’ve chosen the Silicon Valley!Estate Agent Showing Prospective Female Buyer Around PropertyIt’s a wise choice—high-paying and high-tech jobs abound, attractions and entertainment wait around just about every corner, and quality of life is very high in this blossoming area. But where to begin? Buying your first home can be a very daunting process if you don’t know where to start. But it doesn’t have to be stressful or overwhelming. Start slow, get organized, be prepared, and the process will go smoothly.

Before You Buy

Before you start searching for homes or attending open houses, there are a few important details to work out.

1. What type of home are you looking for?

Do you want a brand-new home, or are you willing to try your hand with a fixer-upper? Do you want your own space or something more urban, such as a condo or townhome?

2. What neighborhood and home features do you need?

Some neighborhoods have a lot of amenities, others offer quiet seclusion and large yards. And deciding the details of your home—number of bedrooms, style of kitchen, closet size—is obviously crucial, as well.

3. What size loan do you qualify for?

You’ve got the perfect image of a home in your head—but that’s only relevant if you can get a loan! Find out what lenders will actually offer you, based on credit and income, before you start really searching for houses.

4. What can you afford?

Just because a bank will give you a certain amount of money, doesn’t mean you can afford it! Consider all the costs associated with buying a home—from down payments and closing costs to insurance and property taxes. Keep in mind that home costs aren’t just your monthly mortgage payments, and remember details like the cost of maintenance and repairs.

Discussion with a real estate agent at the officeBuying a Home

So you’ve worked out all the details… Now it’s time to really get started!

So, what’s first?

1. Find an agent.

This is an important first step—especially for a first-time buyer. Since this is your first time in the home-buying arena, you want to focus on finding an agent who knows the local market, inside and out, but who will also be able to give you the personal attention and time to guide you through the process and answer all your questions.

2. Find your home.

Use an advanced search tool to narrow down your home search by location, neighborhood, price, amenities, styles, and more!

3. Hone in on your finances.

There are many  home-buyer assistance programs in California and the Silicon Valley designed to reduce the amount of your down payment and make buying your own home considerably more affordable.

4. Make an offer.

Once you find that perfect home, make an offer. Your agent will help you find the right price to offer.

5. Request a home inspection.

Have a trained professional walk through and check for quality, safety, and overall condition of the home.

6. Close.

Breathe a sigh of relief, and then dive into the paperwork.

7. Move in!

Finally… It’s yours!

Are You a First-Time Home Buyer in the Silicon Valley?

If you’re a first-time home buyer in the Silicon Valley, you’re probably looking for a top real estate agent that you can trust to guide you through the complicated process and ensure you’re getting the best possible deal on your valuable investment. We at Gary & Robert Real Estate Team would love to answer all your questions and talk more about the buyer services we offer. Contact us today and let’s get started.

Not moving to the Silicon Valley? Our network of Preferred Realtors can help you find the right agent, wherever you’re headed!

San Jose’s Top 10 Fastest-Growing Companies

Silicon Valley is acclaimed for its thriving job market and employment opportunities. But San Jose, in particular, is the site of many of the area’s fastest-growing private companies.

A Spot at the Top:

San Jose’s Fastest-Growing Companies

Inc. came out with its annual list of the fastest-growing companies in the US. San Jose proves why it reigns supreme in Silicon Valley, with its fastest-growing companies sitting on a coveted spot starting more than halfway up the list. Here are San Jose’s top 10 companies on this prestigious list:

10. Clean Solar — 2014 Revenue: $8.5 million | Growth rate: 177%

9. Richter10.2 Media Group — 2014 Revenue: $3.7 million| Growth rate: 179%

8. Malwarebytes — 2014 Revenue: $48.1 million| Growth rate: 264%

7. TechShop — 2014 Revenue: $12 million| Growth rate: 345%

6. Early Growth Financial Services — 2014 Revenue: $6.5 million| Growth rate: 436%

5. Untangle — 2014 Revenue: $18.6 million| Growth rate: 487%

4. NorCal CrossFit — 2014 Revenue: $4.3 million| Growth rate: 641%

3. Ensighten — 2014 Revenue: $19.6 million | Growth rate: 1,012%

2. 360 Payment Solutions — 2014 Revenue: $2.5 million | Growth rate: 1,865%

1. Kukui — 2014 Revenue: $4.1 million | Growth rate: 3,944%

View the interactive map below or read more about San Jose’s fastest-growing companies for the location and further details about each company on the list.

San Jose Has a Hot Real Estate Market, Too

Since the city is such an attractive place to work, San Jose has an attractive real estate market.

Are you relocating to San Jose for work? Want to find the perfect place to live that’s convenient to your place of employment? Let us help you find your dream home in San Jose or the surrounding areas.

Search through the homes for sale in San Jose by your price range and find out more about the community, and when you’ve found the perfect property to call home, contact us and we can schedule a showing.

Mountain View May See a Permanent LinkedIn Campus

Real estate is in high demand in Silicon Valley.

And earlier this year, Mountain View city officials decided on building rights for a prime area of real estate, North Bayshore.

Development in North Bayshore

Mountain View’s North Bayshore neighborhood has been a magnet for high-tech employers, and the North Bayshore development plan envisions it as an area that meets the city’s development needs while preserving its natural landscape.

A New Campus for LinkedIn

up-close view of bicycle gearsLinkedIn was awarded 1.45 million square feet of available space in North Bayshore, where it plans to expand and build a new campus mixing work with play — new offices, shops, restaurants, an athletic club, a theater, and a hotel. A key feature of this new development would be the bike-friendly and pedestrian-friendly campus, with a central pedestrian avenue and bike bridge.

The campus proposal received praise from city officials a few weeks ago, and the proposed project’s first phase has a future completion date set for 2019.

Let’s Talk About Mountain View

Relocating to Silicon Valley and looking for a home in Mountain View? Let us be your guide to this great city — ask us for Mountain View real estate listingsour guide to having fun in Silicon Valley, and comprehensive home buying resources.

Have your dream home in mind? Call us at 408-357-4611 and we can schedule a showing.

Santa Clara: Home to the Best Corporate Citizens in the US

corporate office building viewed from belowMany people value transparency — especially with corporations.

People generally favor companies that have positive employee relations and environmental impact. Every year, a publication researches several factors and ranks corporations based on their overall accountability. This year, a Santa Clara business once again made the list.

Intel Ranks #5 in the Nation in 2015

Corporate Responsibility Magazine published their list of 100 best “corporate citizens” for 2015, and Santa Clara-based Intel topped the list at #5.

The technology company has been highly ranked before, earning distinctions like #15 Best Global Green Brands and Best Global Brands, not to mention pursuing company goals of diversity and global responsibility.

Read the full list of 2015 corporate citizens to find where Intel and other corporations rank in terms of climate change, human rights, and philanthropy.

Consistent Rankings in the Top 10

For the past three years, Intel has remained in the top 10 of best corporate citizens. Outperforming many of the other companies on the list, Intel’s highest individual rankings have been in these Corporate Responsibility Magazine‘s designated categories:

  • corporate governance
  • employee relations
  • philanthropy

Living and Working in Santa Clara

computer processor chipIntel’s high rankings mean good news for Santa Clara. Not only does the locally based company truly value its employees, the good press will likely increase business — possibly ushering in more jobs in Santa Clara and a stronger local economy.

But the city isn’t only known as the headquarters for its corporate citizens. Santa Clara is a vibrant area that offers plenty of opportunities to work and live well in Silicon Valley.

Gary & Robert Real Estate Team — Santa Clara Real Estate Experts

We specialize in the local real estate market and would be happy to provide you any assistance.

If you have any questions about Santa Clara homes for sale or what it’s like to live in the area, feel free to ask us. Contact us at 408.357.4611 or Info@GaryandRobert.com.

 

Cupertino Ranks in the Top 10 Most Educated Places in America

library in college universityCupertino landed toward the top of NerdWallet’s 2015 most educated cities in America. As the headquarters of Apple, Seagate Technology, and other thriving electronics companies, the city is known for its intelligent and highly qualified residents who have engineering and technology degrees.

San Jose also ranked among the larger cities, beating out California’s largest city for a spot in the middle. Let’s see how these two areas compared with the nation.

Cupertino: #10 Educated City in America

High School / Associate’s: 96.8% 

Bachelor’s: 76.7%

Master’s: 31.0%

While it may rank in the top 10, Cupertino easily beats out the other high-ranking cities — and the nation— for the largest percentage of residents with a master’s degree.

The area has enjoyed the spotlight before. It will likely continue to inch on up the list as Silicon Valley continues to attract technology start-ups and skillful employees.

With such highly educated residents, Cupertino provides more unique opportunities for starting careers and living in an appealing residential environment, not to mention bolstering the local economy as the in-demand industries seek the best minds for the job.

San Jose: #44 Most Educated Large City

computer motherboard High School / Associate’s: 82.5%

Bachelor’s: 37.6%

Master’s: 10.7%

San Jose easily surpassed Los Angeles in all three categories. As the so-called capital of Silicon Valley, it too will likely rank among the giants and perhaps become the most educated city in California.

High demands for engineering, computer science, electronics, and other thriving industries in San Jose will also bring an influx of the most qualified people with years of post-secondary education.

Come Join the Rankings in the San Jose Area

If you’re relocating to the area for work or became interested in these two most educated cities in the US, you can find out more about residential life in the San Jose area by checking out our real estate website.

If you have any questions about Cupertino or San Jose real estate in particular, please contact us at 408-357-4611 or info@garyandrobert.com. We would love to help.

San Jose: One of the 35 Best Cities for People Under 35

San Jose California Earlier this year, San Jose made the list of “35 Best Cities for People 35 and Under.” And it’s small wonder that this area is attractive, with its prime location in Silicon Valley and entertainment options.

Let’s explore what makes San Jose an ideal city for people under age 35.

Tech Employment Options

Last week, we discussed how nearby Sunnyvale ranked #2 in the nation for jobs. San Jose shares the same tech appeal, and Forbes cites the area as “the capital of Silicon Valley.”

For professionals under the age of 35, the nation’s cutting-edge technology hub is automatically appealing for those who are starting or continuing their careers.

Shopping, Dining, and Entertainment

San Jose offers an array of diverse entertainment options, from its plethora of shopping centers and outdoor spaces ideal for relaxing.

Walkability is important to young professionals, especially since many people in San Jose tend to walk or bike to work and around the area.

You can view more about San Jose’s individual rankings on Vocative’s livability report.

It’s Appealing as a Fit City

Alongside San Francisco, San Jose made the top 10 in the 2015 American Fitness Index. The report primarily cited the city’s abundance of farmers’ markets, low percentage of people who smoke cigarettes, and high percentage of commuters who bike or walk to work.

young professional at computerSearching for Housing?

If you’re relocating to San Jose and would like information about homes for sale, local schools, or home buying resources, contact us at 408.357.4611 or Info@GaryandRobert.com to get started. We would be happy to answer any of your real estate questions.

 

Your Sunnyvale CA Housing Market Report for June

Home Selling 4It certainly is a great time to be a home seller on the Sunnyvale, CA real estate market, at least according to the latest market data.

Evidently, the average price per square foot for Sunnyvale homes has increased significantly, as has the median sales price.

Thus, if you’re looking to get a great price for your home for sale, now would be a great time to act!

A Closer Look at Sunnyvale CA Housing Activity

Here’s what every home seller should know about the current state of the market:

  • Currently there are 99 homes for sale on the market, including a couple of dozen in some stage of the foreclosure process.
  • Between March and June, the average price per square foot for homes was $826, up 23.5 percent compared to the same period last year.
  • Also during that time, the median sales price for homes was $1,179,250, based on 246 homes sales.
    Compared to a year ago, the median home sales price increased 31 percent, or $279,250.
  • And the number of home sales decreased 7.2 percent.
  • Broken down further, the median sales price for a 1-bedroom home was $500,000.
  • The median sales price for a 2-bedroom home was $825,000.
  • The median sales price for a 3-bedroom home was $1,170,000.
  • And the median sales price for a 4-bedroom home was $1,700,000
  • During the week ending on June 10, the average listing price for Sunnyvale homes was $774,382, down 0.3 percent from the week before.
  • During that previous week, the average listing price was $$776,400.
  • Popular neighborhoods in Sunnyvale include Sunnyvale West and Ponderosa Park, with average listing prices of $1,237,552 and $903,987, respectively.
  • More specifically, during the week ending June 10, the average listing price for a 2-bedroom home was $450,360
  • The average listing price for a 3-bedroom home was $792,066.
  • And the average listing price for a 4-bedroom home was $1,084,266

We’ll Help You Sell Your Sunnyvale CA Home

As you can see, home sellers are getting some great prices for their properties right now in Sunnyvale. Perhaps the only issue is that there aren’t enough homes listed on the market to meet demand.

Thus, if you’ve been on the fence about whether to list your own Silicon Valley home on the market, we encourage you to take that next step toward listing your home on the market.

Contact us at The Gary and Robert Real Estate Team for assistance in selling your home today! We’d love to help you every step of the way!

Until next time,

Gary and Robert

Why It’s Time to Sell Your Sunnyvale and Campbell, CA Homes Now!

Home SellingThe most recent national housing market data is in and they all seem to be saying the same thing: NOW Is the time to list your property on the real estate market!

Evidently, according to this recent article we were reading, homes were selling 15 percent faster in recent months and for more money!

And those aren’t the only indications that now is a great time to sell your property. Continue reading to learn more!

4 Reasons You Should List Your Silicon Valley Home Now!

There’s a low housing supply. Tight inventory is one of the primary reasons why this is currently a seller’s market. The level of unsold homes was 4.6 months in February, according to the National Association of Realtors. A balanced market is considered to be more like five to seven months. Tight inventories like what we are seeing now tend to increase home prices and can even result in multiple offers on homes. This is good news for sellers!

There are fewer cash buyers. During the last couple of years, all-cash and investment buyers helped buoy home sales. In fact, in 2014, all-cash buyers made up nearly 31 percent of all sales, according to RealtyTrac. But those numbers are likely to be less in 2015.

Higher interest rates are expected. Although mortgage rates remain historically low, experts are saying that more buyers will enter the market in the coming months, especially in light of hints from the Federal Reserve that higher interest rates could be just around the corner.

Rent will continue to increase. Higher and higher rental prices are spurring more and more tenants to take that leap toward ownership. In fact, rent prices have increased 15 percent nationwide in the last five years in 70 metro areas, even though income hasn’t kept up. Americans’ tolerance for these astronomical rent prices is reaching its tipping point. This will definitely result in home sellers seeing more interested home buyers on the market in the coming months.

How Can We Help You With Listing Your Silicon Valley Home?

We hope you found the above information insightful as a prospective home seller in the Silicon Valley area.

If you’re ready to take that next step toward listing your Silicon Valley property on the market, please make sure to connect with us, at The Gary and Robert Real Estate Team.

We’d be happy to assist you by answering any questions you might have as well as providing you with some valuable home selling resources.

Until next time,

Gary and Robert