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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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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Animoto allows consumers to create, edit (to some extent) and publish professional videos quickly and inexpensively.  All one needs to do is (1) download photos and/or a short video clip and (2) pick out a soundtrack.  Animoto does the rest.  It takes Animoto about 3-5 minutes to finalize your 30 second video and then it is ready [...]

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On Thursday, I listed a great home in the Varsity Park neighborhood of Mountain View .  944 Sladky Avenue is a 3 bedroom, 2 bathroom home that is located just around the corner from the neighborhood park (Varsity Park).  It is also just a few blocks from an excellent shopping center (Blossom Valley Shopping Center ) that is home to Safeway, Starbucks, the [...]

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I just put on the market this great home in a nice Blossom Valley neighborhood in San Jose.  It’s a 3 bedroom, 2 bathroom home that is located just around the corner from the community pool (WGHOA Encore pool), Parkview #1 park and Parkview Elementary.  The list price is $458,000. This freshly painted home has an [...]

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According to MLS Listings Inc. data there currently are 94 single family homes for sale in Mountain View.  52 homes are active listings, the remaining 42 homes are under contract.  5 homes priced above 1.5 million received an offer and are under contract.  The highest property under contract had a list price of just slightly above 2.0 million.   33 single family homes closed [...]

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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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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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