Great commute to many tech companies. Google upcoming new Caribbean campus and Fb is moving in. Average price is already $1.2-$1.3M for 1200sf SFH, 30% increase since last year. I'm thinking to buy a SFH there. What do you guys think?
Will be double in a couple of years.
Buy it if you want to live there, not because you think it’s a good investment
I don't mind living there but this is more for investment.
What if it had downside ?
Rent will cover most of the mortgage.
Anyone recently bought there?
Bad area - I don’t even know how it reached that value
Terribly bad school district.
No one cares about schools. Buy before that area hits 3 million. Should be there by end of the year.
School district is the proxy showing who lives there. So school district is a very important data in real estate. Atherton is kinda exception as they send their kids to private schools.
Ever heard of a term called gentrification?
Now that the district has killed the charter schools it's less attractive to be in n. Sunnyvale
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