Is the Cupertino California Real Estate Market still a good investment

Released on = January 29, 2007, 4:20 pm

Press Release Author = Arpad Racz

Industry = Real Estate

Press Release Summary = Investors and homebuyers will continue to evaluate
destinations on what an area has to offer, and with Cupertino's great mix of
benefits it will be a likely choice for many.

Press Release Body = Is the Cupertino California Real Estate Market still a good
investment?

By Arpad Racz

We all remember the recent days when the real estate market in the S.F. Bay Area was
booming. No sooner did a house go on the market, and there were multiple offers and
properties were regularly selling over asking price. In the start of 2006 the market
was quite good, as housing inventory increased in May however, the market started
slowing down considerably, and has affected the greater Bay Area market.
Cupertino and some other cities have tended to withstand the slowdown better than
other areas, due in most part to Cupertino's unique draw. Cupertino's draw includes
in a large degree the great schools, technology focused workplaces, parks and
recreational opportunities with the foothills nearby, and a rural feel, while still
maintaining the vibrant entrepreneurial spirit that makes this area so great. These
factors fuel the demand for Cupertino as a destination, and the supply of homes in
this area is limited, helping to stabilize the home prices and counteract the
overall market trend.
As an investor looking to purchase real estate, one looks for these factors to
optimize stable equity growth and stable rental income, and many have invested in
Cupertino for these exact reasons. An investor looking to buy rental property would
benefit from renters focused on Cupertino for the right schools or proximity to
Silicon Valley jobs. A builder or property rehab specialist would look to invest
here for a profit that is easier to calculate due to less volatility in an uncertain
real estate market.
As a homebuyer, the focus is equally on the schools and jobs, since most homeowners
look at their home as an investment as well as a place to live, and more and more
buyers analyze their purchase with an investment mindset. The demand for homes in
the area is still quite steady, and homebuyers are even considering buying teardown
properties with larger lots to achieve their goal of homeownership. These teardowns
and land-value properties, such as the one at 10260 Orange Ave., seen at
http://www.aracz.com, right down the street from Monta Vista High school can offer
proximity to the best schools and allow a buyer to really build the home to their
own liking from the start.
Investors and homebuyers will continue to evaluate destinations on what an area has
to offer, and with Cupertino's great mix of benefits it will be a likely choice for
many.







About Arpad Racz
Arpad is a Broker with Altas Realty and is a native of Cupertino. Please feel free
to contact him with your real estate questions.

Arpad Racz
Broker Associate
SERVING THE SILICON VALLEY in Northern California
Including Cupertino, Los Altos, Mountain View, Saratoga, San Jose,
Monte Sereno, Los Gatos, and the Bay Area.
Altas Realty
408-371-8288
aracz@aracz.com
http://www.aracz.com

###


Web Site = http://www.aracz.com

Contact Details = Arpad Racz
Broker Associate
SERVING THE SILICON VALLEY in Northern California
Including Cupertino, Los Altos, Mountain View, Saratoga, San Jose,
Monte Sereno, Los Gatos, and the Bay Area.
Altas Realty
408-371-8288
aracz@aracz.com
http://www.aracz.com

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