Increased Funding for Schools Important for Housing Market

There are many great San Carlos area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (650) 595-5500 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Today we want to say thank you to Facebook. Why, you ask? Well, Facebook has just committed to spending millions of dollars on schools in the bay area. This is great news for us. If you want to follow the housing market, follow school scores. The better the school scores, the better the prices. People will spend more on a home in a great school district so they can ensure their kids have a great future and education. What winds up happening is when you start seeing dollars deployed in certain markets, it ultimately will wind up helping the school scores and translate to better real estate prices in the area.

Take note of where that money is going, and understand that it will serve as a precursor to where the real estate market will go as well. There are some great things on the horizon for schools in the area, and that will translate into better prices in real estate. If you live in those neighborhoods, you can get a good offer and prices won't be as competitive and you will be able to find a nice place on the peninsula for your new home.

If you have any questions, feel free to give us a call. We would love to answer them.