Generally fall is the time to get the lowest/best price on homes.
I have a tool I can share with you to help you explore all of the options that fit within your parameters. Send a text or an email off-line to email@example.com.
The schools you mention are top elementary schools with top middle and high schools. As a result, you are paying a price premium to have all three schools. You will probably get more for your money in a neighborhood with strong elementary school and not so strong high school.
Given our relatively low inventory of listings, I recommend defining your search by city. There are current 10 Active Listings for 2/2 Condos priced $450k to $600k. Not too many to research.
As to good time to buy - most local economists and Realtors expect prices to continue to rise 5-10% per year. Interest rates are also expected to continue rising. Combined you should expect to lose purchasing power over the next few years.
I think buying a home to live in while your child is going through school is a very good idea. You are planning to stay for several years so home ownership is probably the best choice.
To get a quick look at what is available near highly rated elementary schools see:
You will get the best results by working with an experienced agent. Your agent will help you quickly learn what is most important to you (believe me it is a learning process) and make a big difference when you try to buy the home you find.
You would probably find my home buying seminar very worthwhile:
To get an understanding of Sunnyvale and Santa Clara home values see
Condo values are at the lower half of each page.
If you want to see recent home sales visit
Again, call me and we can chat or come to my home buyer seminar:
Top 2 agent nationwide at Keller Williams Realty, the nations largest
Over 20 years experience
Over 1,000 homes sold in Santa Clara County and San Mateo County
Instead of shopping by zip codes, you should shop by elementary school that the property belongs to. That's what I usually do for my buyers.
I subscribe to a program which will pull listings based on school API. If you are interested drop me a note or call me to discuss the parameters. We could also go into more details of the market and trends if you desire.
It all depends on which middle school you are looking for. Take a look at the 4 elementary schools that feed into each middle school. http://sunnyvaleschool.ca.schoolwebpages.com/education/compo
For API scores on Sunnyvale schools go here http://bayareaconnect.com/sunnyvale-school-district-schools/. Santa Clara school scores are all very similar so it does not matter as much where you live if you are thinking Santa Clara. Their school scores are here http://bayareaconnect.com/santa-clara-unified-school-distric
Take a look at my market reports for how the housing market is doing http://bayareaconnect.com/category/weekly-market-reports-for
Call or email with any questions, thank you.
Yes this is a good time to buy. Rates are unlikely to be this low next year as they have just dropped after going up. While in most areas of the county an increase in rates would mean a decrease in home values, but that does not always happen here as there are so many people looking for homes, and a lot of purchases are made with cash.
In Santa Clara 95050 and 95054 there are some excellent high scoring schools. Not all of them in this zip code so you have to look at on a case by case basis.
If you go further south into Cambrian you can also find some great elementary schools. Look in 95024.
Another good place would be Campbell Moreland schools at 95008.
There are some great options available right now.
Good luck on your home search. Let me know if I can answer any other questions for you.
Keller Williams Realty
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