Archive for the ‘Mountain View Real Estate’ Category

Ten Reasons To Love Mountain View

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Schools, Schools, Schools! – Like Palo Alto, Mountain View has excellent schools. The Whisman School District is renowned for challenging academics that encourage students to reach their highest potential. Several magnet programs are offered throughout the district, including opportunities for dual language immersion. All schools are equipped with cutting-edge technology. Students consistently achieve some of the highest average test scores in the nation. Making the choice to raise your child in Mountain View guarantees a they’ll get a good education, and it also reinforces the property value of your home–houses in good school districts are always better investments.

Castro Street – This downtown Mountain View centerpiece was designed with leisure in mind–the street is clean and well-lit, with thriving trees everywhere and wide stone benches perfect for quick shopping breaks or enjoying an outdoor lunch. There are a number of bookstores and high-end clothing stores, but the essence of Castro Street is really in the food. Indian-Chinese Fusion, healthy (really!) pizza, Greek, Japanese, Mexican–nearly every cuisine imaginable is represented within six blocks. I had the best mulligatawny of my life at Godavri, a small Indian gem with intensely flavorful food and great service. Lovely small town feel that’s especially romantic at night, when the restaurants prop open their doors and the white lights strung through the trees turn on.

The Best Tennis Courts in Santa Clara County – Cuesta Park is a giant neighborhood park in Mountain View, with 16 tennis courts and great family bike trails. The courts stay open until 11PM and feature spectator areas and high judge’s seats. Everything in the park is well-maintained, and there are bocce ball courts and play areas for kids. Patrolling security guards ensure a family atmosphere, and catching a free concert here in the summertime is a must.

Center for the Performing Arts – The place to go for dance performances, TheatreWorks productions, children’s theatre, and other cultural events. The center is cleverly designed and features state of the art technology. Local artists display their works in the Center’s lobby.

Caltrain Station and Light Rail — Great for commuters and anyone looking to get to nearby San Jose, Palo Alto, or Sunnyvale in a flash. The station has tons of amenities–bicycle lockers and shelters, pay phones, station building with meeting room, and newspaper racks. It’s also right in the heart of downtown Mountain View.

San Antonio Shopping Center — Functional plaza with a variety of stores. Target, Craft, Sears, The Milk Pail, Albertson’s, Payless, WalMart, a 24 hour gym, and best of all–Trader Joe’s. It’s the only Trader Joe’s around and it’s a good-sized store, chocked full of reasonably priced food and wine and Trader Joe’s unique products. I love their cookie dough and blueberry museli. The pre-made wraps and sandwiches in the cooler are also a yummy lunchtime option.

Diverse Housing Styles and Options — Walking through the residential streets in Mountain View is a visual pleasure–the houses are stylistically interesting, and there are many new homes, cottages, and contemporary style homes. It’s also a nice area for buyers looking for alternative housing options. There are a lot of rentals, condos, and town homes in the area.

Bridge School Benefit and Other Concerts at Shoreline Ampitheatre – The annual Bridge School Benefit is organized by Neil Young and his wife Pegi. Every year I look forward to this one. All the proceeds from the concert go toward the Bridge School, which aids children with physical impairments. The line-ups of musician are always good and varied–last October I saw Tom Waits give a riveting performance with the Kronos Quartet, and there are always some fresh faces from the music scene kicking off the night. The Shoreline Ampitheatre is perfect for this event and other concerts–if you arrive early enough you can get close the stage, and if you come late the deal is almost better. Just spread out a blanket on the grass, uncork a bottle of wine, and enjoy the show.

Doggie Heaven at Shoreline Dog Park — Two areas–one for big dogs and one for small dogs, and shaded picnic tables for people too! Outside of each area you’ll find Purell hand sanitizer, paper towels, and poop bags. Water fountains for dogs and people, and close walking distance to downtown. This place is always crowded, so you and your dog will leave with a few new friends. The owners who take their dogs here are respectful, and if you go in the morning you’ll see rake marks in the sandy dog areas–they’re cleaned nightly.

Popcorn! Movies! Popcorn! Century Cinemas 16 is a big commercial movie theater that usually plays 13 or so movies at a time. They always run the latest blockbusters and keep some well-reviewed movies around for a while–handy if you miss the opening weekend rush. There’s a Starbucks stand inside and every theater has those comfy wide chairs that lean back. But my favorite thing about Century 16 is the popcorn. It comes from the same standard glass case with the popping thing inside, but it’s exceptionally good. Even if I’m full from dinner I always cave in to the popcorn when I catch a movie here.

Why do you love Mountain View? It doesn’t matter if you live here or just can’t stop visiting, I want your comments! Fill me on the neighborhood’s best and brightest. Post a comment!


Has The Silicon Valley Real Estate Market Hit Bottom?

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posted by the Dawn Thomas Team of the Intero Los Altos office

The Silicon Valley Real Estate Market continues to pick up momentum.  The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out?  I wish I had the answers to that question.  My suggestion right now would be that if you are considering a real estate purchase, jump in now.  You simply cannot go wrong.  If you are selling or need to sell—list now and price your home to move fast.  If this is a short upswing then you don’t want to miss your chance to sell now during an upswing.

How long of a window might we have?  Who knows???  I would guess that we might see a better market for at least the next 60-90 days.  The longer term problem could be increased interest rates or the increase in inventory of short-sale and foreclosed homes.  Any of these could have a negative impact on our local market.  My suggestion is don’t watch national trends, but focus mostly on what you see taking place in our community and listen to your Real Estate professional for the best perspective on what’s really going on.  Your Realtor® has his/her ear to the ground every day and knows the pulse of the local market.

Have you noticed that mass media has stopped talking about Real Estate since the drama is no longer left in the story and there’s no more “tragedy?” Take notice of this, my readers!

Let’s Talk Trends
For Silicon Valley Real Estate as a whole, check out these trends. Bottom line—if the trends continue, we will see a shortage of inventory in the not-so-distant future. The last time this happened was in 2005.

In Los Altos, Los Altos Hills, and Mountain View, we are seeing some upward momentum in certain areas and fairly regular activity in others (stats from April 2009):

Los Altos—New listings increased (118% of April 2008); Inventory is 203% of April 2008; Closed sales are 45% of April 2008.

Los Altos (comparing April ’09 to March ’09)—17 more new listings entered the market in April, making the current inventory of active homes 132. Closed sales were down a bit—11, which was 78.5% of March’s closings.

Los Altos Hills—New listings increased – 1.5 times more in April 2009 than in April 2008; Inventory is 159% of April 2008; Closed sales were right on point with April 2008.

Los Altos Hills (comparing April ’09 to March ’09)—27 more listings came on in April, making the current inventory of active homes 70. Closed sales were 6, which is the total of combined sales for all of Dec. ‘08 – Mar. ’09). This is an excellent trend for the higher-end!

Mountain View—New listings increased (115% of April 2008); Inventory is 200% of April 2008; Closed sales are 133% of April 2008—another great upward momentum indicator for our market!

Mountain View (comparing April ’09 to March ’09)—45 more listings came onto the market in April, completing month-end active inventory at 108. April’s closed sales exactly doubled March’s at 20!

So, I will ask you—have we hit bottom? I would love hear your comments!

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