Household TC needed to buy a home in Sunnyvale/Cupertino?
I'm thinking both Sunnyvale and Cupertino are becoming unaffordable to anyone below L7, if they aren't out of reach already. Any thoughts on how much combined TC you need to have to be able to buy these $2.5M-$3.5M homes?
If you are spending $2.5M or more on a house in Sunnymale you are doing it wrong. For Cupertino, I guess, if you _have_ to send your kids to Lynbrook or Monte Vista.
😂
That's 12 to 16k a month so need 720k to 960k assuming 20% down.
Wait till SFH come down to 1.5M next year
Seeing a lot of houses being open for more than one weekend in Los Altos, Cupertino areas. I’d wait it out a little bit longer as this is very unusual for these two cities. For TC @2.5M, you can be at 650-700k combined to start with.
Check out https://homeinsider.io for Cupertino/ Sunnyvale homes. Would love feedback on the tool and I can help answer questions you have about homes in a licensed agent (for free I’m not trying to earn your business)
At least $600k