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Silicon Valley Real Estate Market - History of Silicon Valley

By
Real Estate Agent with Silicon Valley Real Estate Team -Intero Real Estate Services 01319840

Silicon Valley Real Estate

Silicon Valley is located in Northern California, and sits in the southern part of the San
Francisco area. The once sleepy valley started to thrive in the 1940's and 1950's when
many graduates and faculty from Stanford University started their own companies, with
the encouragement of Stanford's Dean of Engineering. The area began to grow with
technology companies and high-tech firms springing up everywhere. Companies like
Hewlett-Packard, Bell Telephone Labs, Xerox, and Fairfield Semiconductor led the way
for many more companies to come there. Silicon Valley developed the microprocessor and
the microcomputer which encouraged talented scientists, engineers and venture capitalists
to move into the area. Interest from the U.S. Navy, already in the area, led to aerospace
firms like Lockheed locating here. In the 1970's with the explosion in the computer
industry, Silicon Valley also exploded with the growth of companies like Apple and
Microsoft. The result by 2006, Silicon Valley was the third largest high-tech center in the
United States, creating more than 225,000 high-tech jobs. Homes for sale in Silicon Valley
over the last ten years have increased significantly to meet these requirements.

Rapid growth over the last thiry years has drawn people into Silicon Valley looking for
employment, and of course, homes. Silicon Valley real estate has flourished with new
families moving here and new developments going up. Homes for sale in Silicon Valley
have become a hot commodity with rising Silicon Valley home values. The Silicon Valley
encompasses a large area, with cities like Los Altos, Los Gatos, Mountain View, Palo
Alto, San Jose, Santa Clara, Sunnyvale, and others. Though on the outskirts, areas like
San Mateo County, Alameda County and Santa Cruz County are often thought of as part
of the Silicon Valley.

In addition to the high-tech job market, people are drawn to Silicon Valley because of
several major universities like Stanford University in Palo Alto, San Jose State University
in San Jose, and Santa Clara University in Santa Clara County. Faculty, employees and students
come to Silicon Valley in record numbers, and housing needs must be accommodated.
Silicon Valley home values in these areas are competitive, and Silicon Valley real estate
here is in high demand because of the university populations.

The temperature is pleasant all year in Silicon Valley, never too hot or too cold. It's a
great place to enjoy the outdoors. Hiking, boating, swimming, cycling and horseback
riding are popular activities with stables, trails and picturesque parks found in every city.
There are vineyards offering tours, wine tasting, and relaxing afternoons. Restaurants,
nightlife, museums, theme parks, and golf courses are abundant in Silicon Valley. There is
a lot to do here in this high-tech valley that is not just high-tech. Silicon Valley attracts
families, singles, job-seekers, and students, and has something to offer everyone. Silicon
Valley real estate
is still in great demand. Silicon Valley home values are still good in
today's economy, and employment in the area is steady. Homes for sale in Silicon Valley
are still competitively priced, and there are many beautiful areas to see.

If you need ANY information regarding Silicon Valley Real Estate and Homes for sale. 
Contact the Silicon Valley Real Estate Team - "Helping You Make Good Real Estate Decisions"
408-833-6331