[quote=SmellsFeeshy]Thanks BG. I am a software engineer so most likely would like to purchase somewhere on the Peninsula or near SV to the close to the tech centers. Just looking casually at Redfin it seems that the inventory for houses/condos in that area is much lower than down here in SD. I guess there is probably just more demand and people with money to buy up in the bay.
Most likely if I did buy I would be looking for a 2/2 condo on the Peninsula or maybe north SJ (near Milpitas). Preferably something built in the 80’s or newer with a 2 car garage and definitely washer/dryer in unit.
Based on my casual research I’m estimating something like that would probably run in the $550-700k range in those areas? Are there any specific areas that might have properties that meet those criteria that I could focus on? Seems that the majority of properties on the Peninsula are old and really expensive.[/quote]
smellsfeeshy, I found a really well laid-out RE blog over the weekend that may be of interest to you. You can sign up with an e-mail address and password to use all the (helpful) tools in it with no obligation.
According to this blog, the SFR market in Santa Clara County is currently “white hot” and there is very, very little inventory on the market.
You are correct in that very little (if any) *newer* construction exists in this area.
If you simply MUST have an SFR newer than 30 years old, I would suggest looking across the Dumbarton bridge in the eastern edge of Fremont or beyond, or below SJ. However, you will commute to work from these areas, whereas if you live in the general vicinity of your job, you will have a short commute or no commute.
