Silicon Valley Luxury Homes | Silicon Valley Luxury Real Estate
Situated in Santa Clara County, 50 miles south of San Francisco, Silicon Valley luxury homes can be found in San Jose, Palo Alto, Mountain View, Sunnyvale, Fremont, Milpitas, Menlo Park, Cupertino, Los Altos, Los Gatos, Campbell and Santa Clara. Silicon Valley luxury real estate houses more high-tech jobs per capita than anywhere else in the nation, so it's reasonable to assume the residents living in Silicon Valley homes are quite affluent.
Computer technology was born in Silicon Valley luxury real estate. Some of the high-paying companies that have their headquarters or at least a major presence here include: IBM, Sun, Intel, Sony, Yahoo, Cisco, Apple, Hitachi, Netscape, Microsoft, Google, Symantec, eBay, Facebook, Netflix, TiVo and more. A number of high-level government and military employees work at Moffett Federal Airfield, NASA Ames Research Center and Onizuka Air Force Station. Students congregate at Stanford University, San Jose University and Santa Clara University.
Typically, there has been so many jobs in Silicon Valley that local recruitment efforts spawned a whole industry of its own. The California Employment Development Department says that jobs still abound in biomedicine, software programming, secondary-school teachers, environmental consultants, biofuel research, infrastructure and commercial loan officers. The shaky economy brought bad news for mid-wage earners living in Silicon Valley luxury homes, as the region shed construction, hospitality, retail and financial service jobs. However, the Valley saw gains in higher-paying education, social assistance, healthcare and business service jobs. Also, more than 1.5 million "green" jobs have been created in California over the last thirty-five years, generating $45 billion in payroll, with many of those jobs right here in Silicon Valley luxury real estate.
Of course, career opportunities are just one component of this gorgeous region. Mountainous, fertile valleys bordering the Pacific Ocean and pleasant weather all-year-round are some of the obvious perks. Residents never need heat or air conditioning, since the temperature is so mild. San Jose is ranked "one of the best places to live" by Money Magazine. The cost of living here is considered expensive, but it keeps the riffraff out. San Jose has the least expensive Silicon Valley luxury homes, while Palo Alto and Menlo Park are two of the ritzier areas. That being said, Silicon Valley paychecks compensate for the higher cost of living, with the average salaried working bringing in around $93,876.
For entertainment, residents of Silicon Valley luxury real estate can drive just five hours to Lake Tahoe, home to skiing, and snowboarding in the winter, or boating, gambling and nature walks in the warmer months. Moreover, Reno nightlife is just another hour away, making it a perfect weekender. San Francisco, with all its historic charm and culture, is only one hour North of Silicon Valley as well. Napa Valley wineries are a big draw for the Silicon Valley aristocracy. The Santa Cruz beach boardwalk is a great place to take the kids for an afternoon. Yosemite National Park is nearby with mountains, rock formations, valleys, geysers, wildlife and waterfalls. The Monterey Peninsula also has one of the nation's best aquariums and a number of historical sites. Amusement parks are located in Los Gatos, Gilroy, Willow Glen, Santa Clara and East San Jose. For the nature enthusiasts, there are more than twenty-two national and state parks in the area, with hiking trails and amazing views of the Valley. Silicon Valley luxury homes offer the most convenient location in California, right in the heart of it all.
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Silicon Valley luxury homes may not have basements and may cost a pretty penny, but the close proximity to everything and the many high-salaried jobs keep residents plentiful. Sale prices on Silicon Valley luxury real estate have dropped considerably over the years, making it a great time to buy.