We're contemplating purchasing a townhouse in the Bay Area while both of us work in San Jose. School district preferences won't be a priority for the next 8-9 years. We're aiming for a great community with a reasonable one-hour commute, and our budget falls between $1 million to $1.25 million. Moreover, we're interested in areas where property values are anticipated to appreciate significantly. We're deliberating between a 2-bedroom, 2-bathroom for $1 million or opting for a 3-bedroom, 3-bathroom for $1.25 million. However, we're unsure whether to wait and save more for a larger down payment or settle for something within our budget that's located farther than an hour away. #mortgage #housing Tc 350k combined, no kids downpayment 150k 401k 120k
2B/2B is not a good investment at 1M. Rather go for 3B/3B for 1.25 or higher
I heard east bay since it’s still half San Jose and SF
Golden triangle of Google-Apple-Netflix-NVDA, but south of El Camino Real.
Closer to Down town Santa Clara is bad and not safe also schools are bad.
Rent, you could find a crazy good deal renting that will be many times cheaper then buying. Invest the rest and learn your needs as you grow... What's great now might change over the years.
Milpitas is up coming, especially those near great mall
Hayward is turning into a hot property location. A lot of people are moving and the cost is going up
Yeah, why is that the case? Hayward doesn't seem to have a good school district.