Silicon Valley Real Estate Market Update

Silicon Valley home prices are on the rise.

General Market Conditions: The real estate market in Santa Clara County is vibrant among most price points. In many areas, home values have returned close to their high water marks. Houses in the $750,000 price point and below are moving very quickly as owner-occupants battle investors for great deals. For homes above $750,000, location matters.

“Be fearful when others are greedy. Be greedy when others are fearful.”- Warren Buffett

Because of the resurgence of the real estate market, there are some great opportunities. With the right marketing strategy, we have been very successful helping clients navigate the market, taking advantage of the best opportunity based on our client’s situation.

1.     Investment real estate continues to be hot. Three areas of consideration:

A.     Buy “cash flow” rental property in Santa Clara County or beyond

B.     Buy distressed property at discount and refurbish and “flip”

C.     Sell depreciated rental property and “trade up” for better cash flow and tax benefits

If your a flipper, the market offers amazing investment opportunities.

2.     “Right Sizing” your current household to adjust for changing family

A.     Move up: sell ( or keep for rental income ) your current home and move to larger

B.     Move down: for many, now is a good time to make the nest “smaller”

C.     Move laterally: sometimes a move to another neighborhood is in the cards

Property is a great 'basket' in which to put some of your 'eggs'.

3.     Diversify part of your stock portfolio into real estate

A.     Convert current IRA into a “self-directed IRA” to fund real estate diversification strategy.

B.     Join a small group of friends/ investors, pool funds and buy income property

We are also getting requests from more clients who are helping elderly parents turn the page on their life long home and move to a variety of different independent care homes.

We continue to be very active helping buyers and sellers throughout Santa Clara County. If any of the opportunities listed here caught your attention and you (or someone you know) would like to discuss them in greater detail, we would be happy to do so.