This is a repost of a previous article from Shannon Rose’s old blog. You can see the original post here.
Silicon Valley. The famed southern part of the San Francisco Bay area that has become known to all as the high-tech capital of the United States (and possibly the world). Silicon Valley is home to the city of San Jose, the southern Peninsula, the Southern East Bay, and all of the Santa Clara Valley.
You know Silicon Valley for its venture capitalism, dot-com bubble, and prestigious Universities (Stanford, University of California, Carnegie Mellon), but do you know Silicon Valley for its real estate, beautiful homes, and picture-perfect neighborhoods? If not, here is a little introduction to one of Silicon Valley’s best areas, Mountain View Real Estate…
Mountain View sits at 12 square miles and is home to just under 74,000 residents. One of its most admirable qualities would have to be the lush orchards and vineyards that have stood the test of time through the high-tech revolution. It remained a primarily agricultural town all the way through the 60’s, and even when it did transition along with the rest of Silicon Valley, it kept its natural beauty.
It is no surprise that this already attractive town slowly gained California real estate value as it added neighborhood parks and playgrounds, recreational facilities, a top notch education system, and shopping facilities throughout the years. Today, Mountain View real estate is a highly sought after commodity. The icing on the cake is when it earned the AAA credit rating, recognizing it for its diversified tax base, strong financial operation and a low debt burden (an honor afforded to only two other cities in California).
Ever the stable community, Mountain View was able to hold its own through the housing market ride over the past few years. It has shown the most stable market compared to other Silicon Valley neighborhoods. Its median sales price was able to go up instead of down during the 2009 market slide, and even now has been able to safely sit at $900,000 for single-family homes.
Natural beauty. A good education system. Affordable housing. A stable economy. What’s not to love? If you would like to learn a little bit more about Mountain View Real Estate or are just curious about Silicon Valley and all its glory, please contact me. I’m always available to answer your e-mails or your phone calls.