The Dec 10, 2020, closing of the Summerhill Homes purchase of the Meadowood Apartments may be the last redevelopment of apartment complexes in Mountain View for some time. SB 330 prevents the reduction of the number of housing units, prevents reducing the number of rent-controlled units, and requires additional tenant relocation assistance. SummerHill Homes had obtained … [Read more...] about Mountain View Row-House Development Ending?
Google has modified its plans to include 7,000 residential units for Google's campus in north Mountain View. Google has proposed that 20% of the homes (1,400) be "affordable" homes. That is double the number of affordable homes already in Mountain View. The plans include 3.1 million square feet of office space and 265,000 square feet of local shops. Google is continuing to … [Read more...] about Google Continues Silicon Valley Expansion
A Feb 3, 2021 Zillow Press Release begins: "Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments". The two things which stand out about this press release are that: 1) Zillow has little to gain by urging buyers to buy now and 2) the numbers they provide show the very big impact on home affordability they … [Read more...] about Zillow: “Acting Quickly Could Save Them Hundreds …”
At the beginning of the Covid-19 pandemic there was speculation that urban home prices would suffer. Looking at Mountain View house prices through the end of December, 2020, there is no indication that home prices in Downtown Mountain View are affected. More information about the Downtown Mountain View neighborhood, including more real estate trends and downtown … [Read more...] about Downtown Mountain View Home Prices
On Tuesday Dec 1, 2020 the San Jose City Council voted 8 to 3 in favor to ban natural gas in newly constructed homes and buildings. A short time later, the Oakland City Council unanimously passed a similar measure. I hope this natural gas ban leads to a greener earth and doesn't create waste by driving change without a good path to the future. … [Read more...] about Natural Gas Ban