Mountain View, CA Real Estate News

By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a home in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View multiple offer situation and not overpay? The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.   But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View home in a multiple offer situation, 1. In my opinion the most important thing is, how much is this home worth to you...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a home in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay? The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.   But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View home in a multiple offer situation, 1. In my opinion the most important thing is, how much is this home worth ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
In this crazy market of homes getting five, ten, fifteen, even twenty offers, everyone knows that buyers are taking a risk when they make a non contingent offer on a Mountain View home. This means that the buyer is waiving all rights to inspect the house as well as any rights to back out of the offer on the Mountain View home for sale if the bank turns down the request for a loan. A non contingent offer on a Mountain View home also means that no matter what the home appraises for, the buyer agrees to make up the difference in cash. Here is how it works.  The home is listed for $995,000. The winning offer is $1,300,000. The buyer is going to put 20% down or $$260,000 and get a loan for $1,040,000.  The buyer shows proof of funds of $350,000. Now let's say the Mountain View real estate a...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Mountain View California and 100% financing on VA Loans - the best loan program and loan payment in the country! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the main features of this great program: - 100% financing, no down payment required. - No monthly mortgage insurance added to your payment. - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans. How do you know if you qualify for a VA Mortgage Loan in Mountain View California? You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Mountain View California VA...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
"Dear Lottie, Thank you so much for all of your good advice and hard work in helping us to find just the right home. You made it all much easier and less stressful. Gratefully, 'J' and 'P'." Finding a way to help buyers succeed in today's extremely competitive Silicon Valley housing market feels wonderful. Knowing the buyers are happy - priceless!  
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
One short week ago I wrote about the sweet words, "You're in contract...the sellers accepted your offer." Today I'll share the rest of the story, picking up from where we left off. 8 days ago (a Wednesday evening) - my buyers' offer was accepted; they had a 2-day property inspection contingency. 7 days ago (last Thursday) - buyers brought their 3% deposit check to the title company handling escrow. 6 days ago (last Friday) - property inspection was satisfactory, the newly discovered issue was acceptable; contingency was removed. Escrow officer worked on preparing documents. 3 days ago (Monday) - buyers signed all closing documents and wire transferred the balance of their funds due. 2 days ago (Tuesday) - sellers signed off; funds were received; all was in order. Today (Thursday) - the ...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Sweet words to utter, "You're in contract...the sellers accepted your offer." Sweet words for buyers to hear, "You're in contract...the sellers accepted your offer." That's how the phone call last night began. My clients were victorious, and are in contract to purchase a home that's perfect for them, located in Mountain View, California. The 3 days leading to that point were busy: Sunday, seeing the property together prior to the open house Monday, thoroughly reading all the disclosures and reports provided by the sellers; discussing the structure of the offer - how much over asking made sense (that's the market here, 10%-15% over on this type of property is typical today), how to keep contingencies to a minimum Tuesday, I did my Agent's Visual Inspection and discovered a material fact ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a home in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View multiple offer situation and not overpay? The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.   But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View home in a multiple offer situation, 1. In my opinion the most important thing is, how much is this home worth to you...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a condo in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View Condos sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay? The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.   But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View condo in a multiple offer situation, 1. In my opinion the most important thing is, how much is this home wor...
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By MichelleCherie Carr Crowe Just Call...408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
Google Relocation? Google Employees Easily Search Silicon Valley Homes By REALTOR® Michelle  Carr-Crowe If you or someone you know is potentially relocating to Silicon Valley, here's how relocating home buyers from Google, Apple and Yahoo easily search Silicon Valley homes for sale long distance.  A group of Google engineers with new position job offers relocating to Silicon Valley, Calif. recently asked for help with searching for homes to potentially buy when they arrived. As my family’s helped families buy and sell homes in Silicon Valley for over 40 years in San Jose, Cupertino, Santa Clara, and more, so I’m happy to share my experience and help relocation home buyers from Taiwan, India and Russia explore their options. In Silicon Valley, many home buyers choose neighborhoods based ...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
17 Single Family Homes Sold in Mountain View, CA February 2014*   By the numbers , 17 Single Family Home sold in Mountain View, CA January 2014  Highest priced house sold for cash and 500K over the asking price Only 3 out 17 homes sold for cash         All Mountain View, CA Zip codes February 2014   Average List Price: $1,339,000 Average Sales Price: $1,520,000 On average 14 % over asking price Average Days on Market: 17 days   Zip Code 94040   12 Single Family Homes Sold in Mountain View, CA  94040 February 2014 Average List Price: $1,482,000 Average Sales Price: $1,698,000 On average 15 % over asking price Average Days on Market: 10 days   Zip code 94041   3 Single Family Homes Sold in Mountain View, CA  94041 January 2014 Average List Price: $1,079,000 Average Sales Price: $1,147,000...
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By MichelleCherie Carr Crowe Just Call...408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
How Relocating Google Employees Easily Search for Silicon Valley homes By REALTOR® Michelle  Carr-Crowe How can relocating home buyers from Google, Apple and Yahoo easily search Silicon Valley homes for sale long distance?” a newly-hired Google engineer relocating to Silicon Valley asked. Actually group of Google engineers (all three friends) were deciding whether to search for a home to rent together now and buy homes separately later, or possibly have one of them buy near Google and the other two rent rooms from him. As my family’s helped families buy and sell homes in Silicon Valley for over 40 years, including San Jose, Cupertino, Santa Clara, and more, I’m happy to share my experience and help relocation home buyers from Taiwan, India and Russia explore their options. In Silicon Va...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
19 Condo/Townhomes Sold in Mountain View, CA January 2014*   By the numbers  19 Condo/Townhomes sold in Mountain View, CA January 2014  2 condo/townhouses sold for over 1M 8 condo/townhouses sold for between 750K and 1M 6 condo/townhouses sold for between 500K and 750K 3 condo/townhouses sold for less than 500K Lowest price: $355,000 and was a bank owned property Highest price: $1,270,000 sold for cash 4 condos/townhouses sold for cash 2 bank owned condo/townhouses sold in January 2014   Mountain View, CA All Zip Codes January 2014  Average List Price: $712,000 Average Sales Price: $746,000 On average 5% over asking price Average Days on Market: 28 days    MountainView, CA Zip Code 94040  3 Condo/Townhouses Sold in Mountain View, CA  94040 January 2014 Average List Price: $765,000 Avera...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
10 Single Family Homes Sold in Mountain View, CA January 2014* Mountain View, CA by the numbers   10 Single Family Home sold in Mountain View, CA January 2014 1 house sold for over 2M 2 houses sold for between 1.5M and 2M 3 houses sold for between 1M and 1.5M 4 houses sold for less than 1M but more than 650K 1 short sale sold after 501 days on the market! Lowest priced house sold after 246 days on the market for all cash 20% of homes sold for cash   Mountain View, CA All Zip Codes January 2014 Average List Price: $1,150,000 Average Sales Price: $1,243,000 On average 8% over asking price Average Days on Market: 84 days   Mountain View, CA Zip Code 94040 4 Single Family Homes Sold in Mountain View, CA 94040 January 2014 Average List Price: $1,586,000 Average Sales Price: $1,716,000 On ave...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
There are nine Mountain View homes for sale a week or less today in this city in the center of Silicon Valley.  The list of Mountain View homes for sale is beginning to lengthen as spring is getting closer, though there are only 13 for sale at this time (not including homes already in escrow). Below are listings of Mountain View homes for sale placed on the market in the past week.  Click on a property’s Address to view photos and detailed information.  Use the appropriate tabs to request more information or to schedule a visit.   Mountain View Homes For Sale A Week Or Less   1332 MIRAMONTE AV, MOUNTAIN VIEW, CA 94040 $1,100,000 Bedrooms: 3Bathrooms: 1Sq. Ft.: 1,194          Open House on Sunday, Feb 9, 2014 1:00 PM - 4:00 PM ---------------------------------------------------- 58 ELDOR...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
Condo/Townhome Sales in Mountain View, CA for December 2013* 15 Condo/Townhomes sold in Mountain View, CA December 2013 compared to 33 in the month of November, typical of the slow down of buying activity in the month of December Mountain View Condo/Townhouses by the numbers No Condo/Townhomes sold for 1M or more in December 2013 5 Condo/Town homes sold for more than $750,000 but less than 1M 7 Condo/Town homes sold for over $500,000 but less than $750,000 3 Condo/Town homes sold for under $500,000 Highest price sold: $978,000 Lowest price sold: $ 349,000    15 Condo/Townhomes Sold in All Mountain View, CA Zip Codes December 2013 Average List Price: $647,000 Average Sales Price: $668,000 Average Sales price was 3% over the list price Median Sales Price: $650,000 Average days on market: ...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
Single Family Home Sales in Mountain View, CA for December 2013*   By the numbers  20 Single Family Home sold in Mountain View, CA December 2013 2 homes sold for 2M or over 7 homes sold for over 1.5M but less than 2M 7 homes sold for over a 1M but less than 1.5M  4 home sold for under a 1M Highest price sold: $2,408,000 Lowest price sold: $ 950,000    All Zip Codes 20 Single Family Homes Sold in All Mountain View, CA Zip Codes December 2013 Average List Price: $1,381,000 Average Sales Price: $1,437,000 Average Sales price is 4% over the list price Median Sales Price: $1,473,000 Average days on market: 40 days   10 Single Family Homes sold in Mountain View, CA Zip Code 94040 December 2013 Average List Price: $1,652,000 Average Sales Price: $1,687,000 Average Sales price is 2% over the li...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  In Where Do Mountain View Buyers Come From Parts 1 and 2 I discussed the fact that 40% of buyers come from the internet and 35% come from other agents. That means that on a national basis 75% of buyers come from the internet or agents and 25% come from other sources. This blog will talk about those other sources.     On a National basis 11% of buyers will come from a yard sign. There are still people who want to buy in Mountain View who will drive through neighborhoods looking for open houses and for sale signs. When you are selling your home in Mountain View it really is a good idea to have a for sale sign in your yard. It is not that important what the color, height, or sign post looks like. Just make sure that the Palo Alto agent you chose to sell your home in Mountain View has a s...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  Yesterday I spoke about the internet being the major source of buyers when selling a house in Mountain View. Today I want to discuss real estate agents.   Mountain View real estate agents are the second largest source of providing a buyer for the home you are selling in Mountain View. When I first became a Mountain View real estate agent 19 years ago agents were the number one source. While Mountain View agents are no longer the keeper of all information, they are still an important resource when you sell your Mountain View home.   Buyers look to their agents for advice and to keep up with what is going on in the market. Mountain View buyers with specific requirements will often ask their agent to preview a home first and let them know if it meets their needs.   The Mountain View real...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  As a Mountain View real estate agent I am often asked by potential sellers about my marketing plan. While it is true that it is probably easier to sell a home in Mountain View than most other places, marketing is very important. However, the type of marketing that works in today's market is not the same as the type that worked 20 years ago, and this change should be reflected in your Mountain View agent's marketing plan.   While over 80% of buyers start their home search on the internet, 40% actually find their home on the net. This is critical! Almost half of all buyers find their home in the internet and then go to see it. So how and where your home is on the internet is the most important thing you can do to get your Mountain View home sold for the best price price and term. Since ...
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