Silicon Valley Real Estate Info

According to MLS Listings Inc. data there currently are 95 single family homes for sale in Los Altos.  55  homes are active listings, the remaining 37 homes are under contract.  Only 8 homes priced above 2 million are under contract.  The most expensive property under contract has a list price of just slightly above four million, but it has been sale pending for over 4 months.  [...]

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There has been a lot of discussion recently in Los Altos about it’s sign ordinance, part of which covers the placement of real estate open house signs.  An article  in the Los Altos Town Crier highlights some of the issues as does this editorial.  There is even an editorial alleging that the biggest abuser of Los Altos’ sign [...]

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A recent New York Times article entitled “Biggest Defaulters on Mortgages Are the Rich” caught my attention because it implied that Los Altos residents were walking away from their high value mortgages en mass.  While I can appreciate the author’s desire to write about an increase in high end mortgage default levels (which there is), Los Altos is a poor example.  [...]

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This weekend is the 31st Annual Los Altos Art and Wine Festival.  If you’ve never been to this event, it is one of the largest and best run in Northern California.  The event hours are from 10:00 am to 6:00 pm on both days.  The 2010 Los Altos Art and Wine Festival includes the work of hundreds of artists [...]

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According to MLS Listings Inc. data there currently are 137 single family homes for sale in Los Altos.  84 homes are active and available to purchase. The remaining 53 homes are under contract.  The higher end of the market is still tough.  Five homes priced above 2.5 million are under contract with the highest coming in at almost 4.2 million.  Only four homes closed [...]

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Whole Foods Market, Los Altos (4800 El Camino Real near Showers Drive) is donating 5% of all NET SALES on Tuesday, May 25th to the Los Altos Educational Foundation (LAEF)  to help generate funds to put towards next year’s budget cuts. Just shop at Whole Foods - Los Altos on May 25th anytime from 8AM-10PM and 5% of the [...]

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Contrary to public opinion, there are not that many distressed properties exchanging hands in Los Altos and/or Los Altos Hills.  According to our local Multiple Listing Service, three short sale  properties closed escrow in Los Altos Hills and three in Los Altos within the past year.  Currently there are 12 short sale properties on the market and [...]

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The costs associated with preparing your home for sale will likely go up due to a new EPA rule that goes into effect on Thursday.  The Renovation, Repair, and Painting (RRP) rule  requires those who are paid to renovate residential structures that contain children must use lead safe building practices.  According to the EPA’s website: The Renovation, Repair, [...]

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The National Flood Insurance Program has expired and it was not extended prior to Congress taking its spring break.  The absence of this Program may make it difficult if not impossible to secure flood insurance  on property located in flood hazard areas.  Most institutional lenders will not fund a loan secured by real property in a [...]

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Giant Oak Tree Falls in Los Altos Originally uploaded by David Blockhus I was taking my dog on a walk this morning and came upon this beautiful old Oak tree that fell over in the recent rains. The tree came down in the 900 block of Springer Road in Los Altos. Fortunately, it appears that [...]

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