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Why is cupertino so hot, now! zip codes 95014, 95129...


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2011 Apr 14, 3:33pm   14,911 views  75 comments

by desibaba   ➕follow (0)   💰tip   ignore  

I rent in cupertino and have keep a close eye on nearby market for around 5+ years. Recently, looking at some close by properties at trying put offers after 2 years of hibernation, i see that there is extreme craziness - just w.o ARMs.
All offers are at least 80-100k over asking, clearly over what they deserve and way above zestimate. All of them are most all cash, no contingency. Is it extreme craziness or just pent up demand? Or is there other explanation...

http://www.redfin.com/homes-for-sale#!lat=37.30534318364492&long=-122.00896215559777&market=sanfrancisco&max_price=1250000&min_price=475000&region_id=39434&region_type=2&sf=&sold_within_days=90&uipt=1&v=6&zoomLevel=14

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72   Hysteresis   2011 Dec 8, 4:52am  

generallyfd says

To buy in the likes of 95129 is to buy into like-minded parents.

baaaaa. baaaa.

73   Iron Ranger   2011 Dec 8, 9:24pm  

I am new to the Bay Area and sent my kids to Cupertino schools after moving fom the mid-west. There are many visible cuts to education here. It's the high parental involvement and expectations which are motivating the kids to high test scores. Nothing special about the staff and schools.

74   SparrowBell   2011 Dec 9, 3:27pm  

I always have the these misgivings about parents paying a premium for the school district.

Many friends who buy houses at Palo alto and Cupertino only have one goals, sending kids to Stanford, but college is only the beginning. And, ones should not pave too smooth of a road for the kids

75   Serpentor   2011 Dec 10, 2:18pm  

SFace says

Cupertino Monta Vista High teen wins 100K national science award:

http://online.wsj.com/article/AP27e6b4fd88bf44e49660ba127407d5f4.html

17 year old Cancer research designing nanoparticle targeting cancerous tumors. this girl probably knew more than her teacher as a 16 year old teenager. That is why Cupertino is coveted.

"I contacted a professor at [Stanford University] when I was 14 to see if I could work in their lab," If my kid was 14 and have that kind of self-motivation and desire, I don't need to worry anymore.

" Top team honors went to a pair of students from Oak Ridge, Tenn."
I wonder how much an average house cost in Oak Ridge, Tenn.... maybe the Magical Chinese immigrants should move there.

Just because one kid who's had heavy parental guidance from an early age (and probably inside connections to the Stanford Lab) won a science contest, it doesn't mean someone can drop a kid in the same school and turn him/her into little Einsteins.

I don't care how smart the kid is, you don't get to research in Stanford without inside connections at age 14.

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