Living in the valley

The Silicon Valley, so named because of its flourishing semiconductor industry, is located in the southern part of the San Francisco Bay Area, California. Once fondly nicknamed the Valley of Heart’s Delights, because of the sprawling orchards that encompassed the Santa Clara Valley and other neighbourhoods, the area has now come to be synonymous with the dot-com boom that America experienced in the 20th century.

The term “Silicon” refers to the computer chip industry among other high tech industries, while “Valley” comes from the Santa Clara Valley in which most of the industries are based. The 20th century has seen an immense growth in real estate throughout America, more so in the Silicon Valley, due to the presence of high technology companies that require office and showroom space. However, fears of a U.S. recession have pulled the prices down, and the time is ripe to enter the real estate sector.

Investing in Silicon Valley real estate properties is a lucrative option, and Dale Warfel is the best real estate advisor when it comes to the Santa Clara Valley. Ten years of working with Keller Williams Realty has taught him the nitty-grittys of the trade, and his technical knowledge and communication skills are remarkable. Dale has expertise in homes for sale in Almaden Valley, Coyote, Monte Sereno, Rose Garden, Midtown, Cambrian Park, Los Gatos, Campbell, and Morgan Hill, among other cities and neighbourhoods of California. So call him at 408 624 6202 to make an appointment.

Do some research if you are planning to buy

Before buying a house, it is better to study the recent sales of homes and properties which are similar to the one that you are intending to buy, so that you can aptly determine the amount which you can pay for your house based on the current real estate market rate. This is known as comparable sales. After comparing recent sales and deciding upon a payable range, you have to consider other factors such as the condition of the house on sale, age of the property etc., so that you can arrive on the final price that you are willing to offer for that house.

You cannot compare sales between any two houses of your choice. There are few conditions that must be satisfied before the comparable sales can be called valid. The properties under consideration must be located as close to each other as possible, or at least within the same locality. The type and total area of the houses must more or less be similar if they are to be compared. Any property which is considered for comparison should be a house which is sold completely where the deal has been completed thoroughly.

A valid comparable sales evaluation cannot be done without some experience. One way to go about doing it is with the help of a good real estate agent. Dale Warfel, a well known Californian real estate agent can help you compare Morgan Hills homes for sale, Monte Sereno homes for sale, Almaden Valley homes for sale, Silicon Valley homes for sale, Campbell homes for sale, Coyote homes for sale, Midtown homes for sale, Cambrian Park homes for sale and Los Gatos homes for sale.