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Menlo Park, CA, United States (AHN) – Facebook will move by mid-June to Menlo Park from its current Palo Alto address. With the relocation, the owner of the world’s most popular social networking site also plans to hike its manpower by 50 percent yearly.

Facebook Chief Financial Officer David Ebersman disclosed at an event this week that its new headquarters is Sun Microsystem’s former campus. It will rent the 57-acre property from Deutsche Banks’ RREEF, which bought the property from Sun owner Oracle Corp.

Facebook’s new home, located at the intersection of Willow Road and Bayfront Expressway, has nine buildings. The complex was built from 1993 to 1995. Ebersman said Facebook chose the new site because of its central accessibility from around the Bay Area to local amenities.

The complex will serve as office of the 1,400 Facebook workers in Palo Alto. The company has 2,000 employees globally; the other 600 are spread in nine U.S. cities and 11 cities in Europe, Asia and North America.

The campus can take in about 3,600 people, according to the real estate firm that advised Facebook on the rental. Facebook has the option of buying the property in five years, although its deal is a 15-year lease agreement. The company also purchased for future development a nearby 22-acre property that is connected to its future office by a tunnel.

The rental, which covers 1 million square feet of space, is the largest lease in Silicon Valley since Apple inked an 865,000 sq. ft. deal in 1991. With Facebook’s move, Silicon Valley will decrease its vacancy rate to 21 percent from 24 percent in December 2010.

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While shopping for Huntsville real estate you should consider the size the size of your family and the needs involved to satisfy everyone in the household. Think about the children’s ages and select a home that is sized to accommodate your family, but keep in mind how long your children will be living there. High school aged children could be leaving within a few years, leaving you with a home that is too large. The Huntsville Real Estate market consists of a nice variety of homes, large, small, new or old, and in a variety of styles to choose from.

Huntsville real estate pricing often runs $300,000 and below for the typical residential home, but there are certainly more expensive homes to choose from as well. There are also plenty of estate type homes available as well that are abundant in size and with very nice amenities to choose from. Today’s Huntsville real estate market is bouncing back and at current pricing, many homes are priced to sell quickly.

The general area a home is located in is important when considering Huntsville real estate options. Some things to consider are the school districts, driving distance to schools, driving distance to your place of employment, shopping centers, activities, entertainment and hospitals to name a few. Learn about traffic and heavily traveled routes to and from your work place and schools. These factors are important when choosing a place to plant your roots.

Once the size of home and Huntsville real estate general location is decided on, it is time to look at your budget. A realtor knowledgeable about Huntsville Real Estate can help by providing you with active home listings within your budget in an area you prefer to live in. When budgeting, make sure to determine if the home will need renovations. Would you rather find a home that is already updated and new and matches your needs or a home that is a little older that you can renovate and customize to your specific needs? The latter may have a lower listing price, but renovation costs could be high. Do some research on Huntsville real estate by comparing pricing along with Huntsville property taxes and any added expenses that may be relevant such as water, trash removal, HOA fees etc.

Consider location while shopping Huntsville real estate, versus just looking at a homes qualities. A home can always be renovated, but the location cannot be changed. If peace and quiet are what you prefer then you don’t want to live on a street with lots of children. If you enjoy walking you could choose a location close to places you regularly patronize. You may also want to consider the direction of the sun, where the sun rises and sets in relation to your home and yard. If you prefer sun in the morning on your bedrooms, you should consider a home with an east facing bedroom, otherwise you will wake up to shade. For your yard, you will want to make sure that the sun is on a pool and deck, or that you have a shaded area to put a picnic table. Check how the trees create shade and make sure it is not overpowering the entire yard as tree removal can be expensive.

A Huntsville real estate professional can help make it easier to narrow down your search for a home. Huntsville real estate is in demand for several reasons; home appreciation, abundant jobs in the area, low property taxes, a warm and stable climate, great neighborhoods and quality construction just to name a few.

Steve A. Thomas is your Huntsville real estate resource serving Huntsville, Alabama and surrounding areas. Steve A. Thomas Realtor, Associate Broker, ABR, e-Pro RE/MAX Huntsville/Madison Cellular: 256.694.4663 Toll Free: 800.239.4749 Ext. 4945 Web site: http://www.HuntsvilleAreaHomes.comArticle Source:http://www.articlesbase.com/real-estate-articles/huntsville-real-estate-shopping-considerations-1639084.html