Hello to All,My name is Deepak, currently residing in Silicon Valley, San Jose, CA to be more exact.

Since I am 23 years old living in Silicon Valley, I feel compelled to pick a fresh name that stands apart from traditional names.

My name is Jeff Clark and I was born and raised in Los Gatos, a suburb of San Jose in the Silicon Valley.

I am from the Silicon Valley and have never visited FL.  

You are seeing a much greater spread between listing price and sales price than we see in Silicon Valley.

Silicon Valley - The San Jose / Sunnyvale / Santa Clara MSA.

Pretty shocking gain of $.4 million but they put significant rehab work in and again, this is a highly desirable area with top rated schools and good proximity to big employers like Apple and many other Silicon Valley giants.

It doesn't happen in a short period.In Silicon Valley there is an extreme example of Palo Alto and East Palo Alto which are separate cites and are adjacent to each other (they are actually in different counties).The avg cost per sq.ft. for a house in Palo Alto is about: $1,400The avg cost per sq.ft. for a house in East Palo Alto is about: $600You only have to walk a half mile or so to go from homes selling for perhaps $500,000 to homes selling for $3,000,000 (Silicon Valley home prices are very high compared to the U.S. as a whole)Jobs and the economy drive home prices.

I would agree with Thomas S. that just borrowing money and investing it isn't going to get you the money you want to have.In Silicon Valley less desirable homes are more volatile.

Todd, up here on the West Side I've followed the local Beaverton/Hillsboro/Silicon Forrest market for about 10 years and have come to the conclusion that jobs are the bigger factor than interest rates, 401K value direction, gold prices, etc.Almost every new construction development has always advertised INTEL & NIKE EMPLOYEES WELCOME offering discounts.