Potential Bay area cities in 2020 - to buy 3b/2b House???

Jan 11 48 Comments

I am a single, making 170k TC... planning to buy 3 bed 2 bath Townhouse or single family House (preferred) in 2020...

I intend/plan to work in FB/G/Apple... so 30-45 minutes across Sunnyvale is fine...

Budget - 800 to 1 million

Example:

Is Milpitas City a Good/potential option... close to Bart or great mall??

- Any other City/neighborhood you suggest???

Townhouse is also fine but single family House is preferred.

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TOP 48 Comments
  • PayPal holyjeez
    Milpitas stinks
    Jan 11 6
    • Juniper YMbB81
      OP
      I mean not entire Milpitas stinks...
      Jan 11
    • Walmart QTFP86
      If someone told you, they live in xyz part of Milpitas and there is no smell in that area, that is a plain lie.
      Jan 11
  • Cisco / Eng TCoGTFO
    How do you afford a 800k house on 170k TC 🤐
    Jan 11 11
    • Cisco / Eng TCoGTFO
      Monthly 5.5k mortgage on 170k TC? Are you living on peanuts?
      Jan 12
    • Juniper YMbB81
      OP
      1k rent...800 expenses.... per month
      Jan 12
  • Walmart QTFP86
    1. You will not find livable house in your criteria in less than 980K.
    2. Milpitas smell? I don’t know how people live there but if you think you can then consider hoping around that area when smell is at peak. Some may tolerate it, some may not, don’t go by what I says, find your tolerable limits.
    3. You are going in right direction but allow sometime to educate yourself, understand process, types of properties, what is HOA disclosure, HOA reserve, which parts in property disclosures are important while buying property.
    4. Once you understand lots of jargons and property terms then you will be able to creat your requirement like what are you looking for... example HOA coverage, big lot, distance, potential to extend, backyard, schools.....
    5. While doing all this, figure out how can you bump up your savings, 150K savings is not at all enough, if you are single earner and having kids then 800K is also a stretch goal for you. While you can always put up less than 20% down payment, mortgage of 5000K/mo may or may not be sustainable.
    6. While impulsively you may settle on some property for less than 800K somewhere far or in wrong neighborhood, with unstable outlook in current Bay Area market it may put you in bad trap, so take your time and educate yourself as much as possible.
    DM me, not now but after few quarters 👍
    Jan 11 3
    • Walmart QTFP86
      Start somewhere, you will get there soon. Who knows? may be you will take a year to build enough reserve for down payment but by then house prices might have come down or settled moderately...
      Jan 11
    • Juniper YMbB81
      OP
      Yeah...and the market house prices seems going down a bit...so thought it might be right time to buy one...
      Jan 11
  • This comment was deleted by original commenter.

    • Verizon Media cWcz65
      Considering the budget that area has decent independent houses
      Jan 12
    • Salesforce mazda
      True
      Jan 12
  • HPE vAoL06
    Did you try Newark?
    Jan 12 2
    • Juniper YMbB81
      OP
      Nope... not considered Newark
      Jan 12
    • HPE vAoL06
      It's good place to buy. Single family home under million available. Not good school district, but very to Pacific common and new park malls..
      Jan 12
  • Airbnb YdSR51
    Oakland close to Bart. You get a lot more house/$, some of the best rental returns in the area and value increasing rapidly.

    Being close to Bart makes you close to SF and also the new tech campuses opening up in the south
    Jan 12 0
  • Netskope
    yeetyeet

    Netskope

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    Union City
    Jan 12 3
    • NVIDIA wKLx34
      Milpitas near BART is good. The smell problem is exaggerated on Blind. Rent there for a year before you buy if you are concerned. Close to good schools, grocery, restaurants, BART, entertainment and reasonable commute.
      Jan 12
    • Zyzyx TimZuck
      Agree with Nvidia. Renting there for an year to see for yourself is a great idea.
      Jan 13
  • Autolist jsB6k0
    You should buy a duplex or triplex for 1.5-2m in sf and live in one of the units. Take shuttles to work. You can rent out other units and use the cash flow to cover your mortgage. If you can't do that, it's suggested you stay at your current location and just pay for rent. You should save for more down payments.
    Jan 12 0
  • LinkedIn U💰S💰D
    Daly City
    Jan 11 0
  • Facebook n00b@fb
    Single family home?
    Jan 11 3
    • Amazon / Eng vtSmX
      SFH in less than $1M? Where in bay area?
      Jan 11
    • Juniper YMbB81
      OP
      Milpitas/Fremont

      Although Fremont is a little far...
      Jan 11

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