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This area lies in what was once a rich fruit and vegetable growing region.
Until the early 1960's there were lots of agriculture, orchards, dairies,
wineries and many food-processing industries. The primary manufacturers
in the region were Lockheed and Westinghouse in Sunnyvale, and the Ford
Plant in Milpitas. Industrial production developed significantly after
World War II and growth since has been rapid.
The manufacture of computers, chips and electronic items started taking
the lead in the late 1960's, 1970's and 1980's. The explosive growth of
internet related companies in the 1990's, brought a boom to the region.
However, in 2000 software developers started cutting jobs back, and stocks
fell.
Home values suffered as the "dot com" stocks plunged. Layoffs abounded
causing large numbers of contract software engineers and their families
to return to their home countries. This caused a local recession and high
unemployment. However, the area came back strongly in 2004 with real estate
in high demand. Multiple offers continue to dominate in 2005. See the latest
update on the link to "market conditions" below.
Contact us to see homes in the entire region and beyond. We serve 90 cities
in and around this area.
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| HomeBuyer Agents is a growing leader in home buyer representation in the S Francisco, Silicon Valley and Central Coast regions of Northern California. They represent buyers exclusively, never listing properties. The best part is that it costs nothing. If you would like to speak with an Exclusive Buyer Agent, Contact Us. |
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408-524-0624 650-755-0102 831-338-1512 510-475-1810 800-773-3289 |
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