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School funding, the Superintendent Discusses Mountain View Whisman School District's Finances - 03/04/09 03:18 PM
The Mountain View Whisman School district receives the core of its financing based on the average daily attendance of it's students. In short, it is a Revenue Limit funded district.
Revenue limit income is a combination of local property taxes and state money. As property taxes increase, they are offset by a reduction in state money. A district that relies solely on local taxes becomes a basic aid funded school district (ie. Palo Alto Unified). For further information, read the Guide to California's School Finance System and/or California's school finance system.
In the video below, Dr. Maurice Ghysels, the Superintendent of the Mountain View … (0 comments)
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Blogging Adopted by Coldwell Banker Leadership - 03/04/09 02:55 PM
Joe Brown, a 28-year real estate veteran and President of Coldwell Banker Residential Brokerage's Silicon Valley, Monterey Bay and East Bay regions has started a real estate blog called Weekly Market Watch. It's good to see Coldwell Banker's leadership adopting some of the technologies that have proven effective for their agents as well as in other industries.
Joe is a fairly straight shooter and I hope the content is one of transparency and not just corporate spin. Check out Joe's weekly market updates and decide for yourself. This week's topic is "It May Be Time To Get Off The Fence."
On another Coldwell … (2 comments)
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Home is Destroyed in Los Altos, California - 03/04/09 02:48 PM
The economy is soft and money is tight yet there continues to be a lot of construction occurring in Los Altos and it's surrounding communities. On my street alone, there are five homes under construction. Check out the short video below and see the demolition of one of my neighbor's home.
It probably took a year to build, was lived in for over a half century, yet took just 75 minutes to tear down. If you enjoy watching a large excavator smash into a wooden framed house, you'll love the video.
… (0 comments)
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January 2009 Single Family Home Sales Statistics For Los Altos, California - 03/04/09 02:41 PM
Los Altos single family home sales were down in January 2009. However, given the state of home financing and consumer confidence, I expected the numbers to be even worse. Below is an 11 year history of Los Altos single family homes that have sold in the month of January.
A quick calculation shows that the eleven year average for home sales in January is 18, new listings is 35 and inventory is 52. In January 2009, we were at 7 sales, 41 new listings and 76 homes in inventory. The trend of fewer sales and more inventory continues...
The chart below shows the average and … (2 comments)
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Mountain View Whisman School District's Core Values as narrated by Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District - 03/04/09 02:34 PM
In part two of the Magical Mystery (bus) Tour of the Mountain View Whisman School District (MVWSD), Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District, shares his thoughts about the district's core values. It's these core values of (1) academic excellence, (2) a strong collaborative community and (3) a broad world view that make the MVWSD so successful!
Note: I took this video a few months ago (fall 2008). The Mountain View Whisman School District was hosting a morning event designed to inform local Realtors about the benefits of the MVWSD and the Mountain View Educational Foundation (MVEF).
According to the MVEF web site, "the MVEF provides financial … (0 comments)
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Single Family Home Sales in Mountain View Were Down in 2008. How Did Prices Fair? - 03/04/09 02:07 PM
The Multiple Listing Service is the most reliable source of local real estate market information. The following information was take from our local MLS provider (ProMLSlistings.com) and is deemed reliable but not guaranteed.
There are currently are 91 single family homes for sale in Mountain View. Of these, 14 are under contract. Therefore, 77 homes don't have buyers. At the current rate of absorption, we have over 6 months of inventory.
Below is the annual listing and sales activity for single family homes in Mountain View for each year since 1998.
As one can tell, sales numbers are down substantially from the 11 … (1 comments)
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Crittenden Middle School as Narrated Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District - 03/04/09 01:59 PM
I was fortunate to attend the Magical Mystery (bus) Tour of the Mountain View Whisman School District. Below is one (of many) video clips taken during a morning tour of the district. Our tour guide was Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District. In this video, he shares some of his thoughts about Crittenden Middle School.
Note: I took this video a few months ago (fall 2008). The Mountain View Whisman School District was hosting a morning event designed to inform local Realtors about the benefits of the MVWSD and the Mountain View Educational Foundation (MVEF).
According to the MVEF web site, "the MVEF provides … (0 comments)
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Los Altos Real Estate Market Update - 03/04/09 01:47 PM
The Multiple Listing Service is our most efficient means to sell a home and the most reliable source of local market information. The following information was taken from our local MLS and is deemed reliable but not guaranteed.
According to our local MLS provider (ProMLSlistings.com), there currently are 65 single family homes for sale in Los Altos. Of these, 10 are under contract. That leaves us with 55 homes that are actively being marketed for sale on the MLS. I anticipate many of last year's listings that did not sell will come back on the market within the next two weeks.
Above is … (1 comments)
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Two reason's Investors are Purchasing Los Altos Real Estate. - 03/04/09 01:43 PM
Sue McAllister had an interesting article in the San Jose Mercury News. The topic of the article focused on who is buying homes in our declining real estate market. Her conclusion; first time home buyers and investors made up the majority of today's home buyers.
Below is an example detailing one investor's reasoning for purchasing a single family home in Los Altos as an investment.
I represented the seller of a property in south Los Altos that closed escrow in December 2008. The buyer completed a 1031 exchange, selling two properties in southern California and "trading up" and purchasing a single family home as an investment property in Los … (0 comments)
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David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro
Los Altos,
CA
More about me…
Coldwell Banker - Downtown Los Altos Office
Address: 161 S. San Antonio Road, Los Altos, CA, 94022
Office Phone: (650) 917-4250
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