The first quarter of 2016 once again did not fare well for San Francisco Bay Area rental property investors as yield returns compared with competitor counties in other parts of the U.S. were not great. RealtyTrac looked at potential annual gross rental yields of single-family residential rentals in 448 counties in the U.S. where there was a minimum of 100,000 population. The rankings were calculated by dividing the annualized monthly rents by the medium home prices. The RealtyTrac study concluded that rents are rising faster than medium home prices in 45 percent of the markets which demonstrates strong demand in those markets. Importantly, rental growth rates were outpaced by annual wage growth rates in 43 percent of the markets which logically will lead to increased rental returns in the near future.
In a rapidly changing world like ours, it’s only natural there is some nostalgia for simpler, more familiar times. After all, no change comes without cost, some of which many don’t begin to calculate until they are raising children or finally have time to slow down and focus on living, rather than on career pressures. A lot of the investing in Gemello, Mountain View real estate by residential home buyers is driven by people who appreciate the traditional, classic American lifestyle. That lifestyle is what sets the Gemello neighborhood of Mountain View apart from the others in the area. Located in the bullseye of Silicon Valley, within a few miles of Stanford University and walking distance to the most famous company in the world, Google, Mountain View, CA is an international magnet of desirability.
When municipal policy makers and urban living pundits talk about the walkable city of the future, what they’re really talking about is urban living the way it used to be, the way it has been in downtown Mountain View for years. The numerous historic homes and other buildings in this neighborhood are a testament to how long this vibrant, energetic neighborhood has been attracting homeowners and investors. Life in downtown Mountain View is a model of just how fabulous walkable cities can be. Moreover, with Silicon Valley, Stanford University, and Google Worldwide Headquarters all at your doorstep there may not be a better Northern California downtown to live in.
Beautifully located for young, upwardly-mobile professional families raising children, Mountain View’s Del Medio neighborhood is fast becoming a hot spot for residential real estate. Del Medio real estate is within an easy commute of important business and technology centers, including Google and Stanford University, attracting young professionals who are well established in their careers. That’s good news for rental property investors and residential home sellers, as well as for neighborhood home values and overall quality of life. Centrally located in the heart of Silicon Valley and home to the most famous technology company ever created, Mountain View, CA is an internationally recognized and incredibly desirable destination.
Cuesta Park has a classic, quaint look, which reflects the refined taste of its residents. As one of the most sought-after neighborhoods in Mountain View, life in Cuesta Park is unlike anywhere else in California or on the West Coast. The ranch homes here have the unique attraction of being unobtrusive, just like the community they have been built in. Investing in Cuesta Park real estate means being part of this community, which according to many Silicon Valley Property Management services, is one of the best investments available in the current real estate market scenario. Close to Stanford University, Google, easy commute routes, and in the heart of Silicon Valley Cuesta Park Mountain View has it all.
If there were a paradise in California, it would be Cuernavaca—complete with unique charm and tree-lined streets. Far removed from the hubbub of metropolitan areas, like Los Angeles and San Francisco, it’s a small, serene development in Mountain View, itself a heavenly small city south of Palo Alto, close to Stanford University, and smack dab in the middle of Silicon Valley. Its small-town feel and pristine tree-lined charm make Cuernavaca a huge attraction, but investing in Cuernavaca real estate offers more than just a place of your own in an idyllic setting. It has three huge benefits, which also make it one of the hottest real estate deals currently being offered by most Silicon Valley property management services.
Castro City real estate in Mountain View, CA isn’t typically available for long. The housing supply in this neighborhood is incredibly tight when compared with other areas. Even if you are able to act quickly, with a vacancy rate of 1%, you’ll struggle to claim that perfect Mountain View real estate investment property without enlisting the aid of a Silicon Valley property management team. While there are numerous reasons to live in Castro City, you may find it hard to make that happen. The neighborhood is more of a small enclave of high-rise apartments that spans just a few blocks. And as discussed, the popularity of homes in the area is ever increasing.
Life in Blossom Valley Mountain View is continually changing. What once was an orchard is now a sprawling suburban area featuring a strong sense of community and family – and the World’s Most Valuable Company, Google, as a resident. Spacious, open neighborhoods combine with excellent schools, a variety of parks, well-located shopping, and more, to give residents a sense of togetherness and unity. Due to the many amenities throughout the neighborhood, popularity for properties in the area is at an all-time high. Whether you’re looking to own a home in Silicon Valley, make an investment, or buy a rental property, Blossom Valley Mountain View provides an excellent option.
Located near Atherton, the Menlo Oaks neighborhood of Menlo Park is made up of three small, close-knit sections. These are Menlo Oaks, Vintage Oaks and South of Seminary. Home lots on the narrow, tree-shaded streets that make up this neighborhood tend to be large. A paradise for families raising children, houses in Menlo Oaks make great investment properties. There’s another advantage for those investing in this neighborhood. It is unincorporated so there’s more regulatory flexibility than is found in some of the other more tightly controlled neighborhoods. Driving down the streets of these neighborhoods one is hard pressed to find the same design or construction giving a unique fabric and feel in this Silicon Valley locale.
This Menlo Park neighborhood is located on approximately 540 acres and bordered by Willow Road, Highway 101 and the Southern Pacific Railroad. Belle Haven was originally developed by David D. Bohannon during the Great Depression as an affordable housing project. This part of Menlo Park has maintained that affordable housing tradition, with homes in Belle Haven costing up to 70 percent less than comparable homes in other Menlo Park neighborhoods. This is an excellent neighborhood for those seeking peninsula real estate investment property as this neighborhood is close to Stanford University, Silicon Valley, and the 101 commute. There are consistently opportunities for investors to swoop in and grab part of the peninsula rental property marketplace.