November 9, 2006

"Mountain View IS Affordable!"

MLSlistings Property Detail for MLS number 666445
535 TOFT ST
Mountain View, CA 94041
535toft.jpg

$645,000
Open House Showing
Saturday, November 04, 2006 1:00 PM – 4:00 PM
Sunday, November 05, 2006 1:00 PM – 4:00 PM
Mountain View IS Affordable! Come See Us!

This Single Family Residence has the following features:
MLS#: 666445 Approx Age: 55 Years Approx Sq Ft: 890
Detached Single Family 1 Story Cottage/Bungalow
2 Bedrooms 2 Bathrooms 1 Stall Shower

The Realtor(R) said it – it must be true! Mountain View IS affordable! Only $724 a square foot for something you’ll have to tear down and rebuild at $250-300 a square foot!
Wait!

Does that mean it’s more special or less special?

Click here to post a comment -- Posted by: burbed @ 5:06 am






Movoto offering homebuyer's workshop on 11/14

I use Movoto from time to time for screenshots. Recently they informed me that they’re holding a homebuyer’s workshop.

Perhaps you might be interested in attending.

Here are the details:

Movoto is offering a homebuyer’s workshop in Campbell, CA on Tuesday, November 14 at 6:30 pm.  The workshop is for home buyers who want to learn more about the process of buying a home in Silicon Valley — home buying strategies, financing options, and tips for using the Movoto search website are just a few of the topics covered.  Movoto real estate agents and mortgage, accounting and title insurance partners will be available at the workshop to answer questions and give advice to home buyers.  Learn more about buying a house and meet the Movoto team!  Register at http://www.movoto.com/workshop.

I make no guarantees about what will happen at this event. For all I know, they could be waterboarding you until you agree to buy a home, or, they could be raffling away houses in Cupertino. But it might be worth attending.
Full Disclosure: I did not get paid for this.

Click here to post a comment -- Posted by: burbed @ 1:08 am

November 8, 2006

Why education is bad

State voters back infrastructure bonds
Proposition 88, a property tax measure to benefit schools, was soundly defeated, garnering only 23 percent of the vote.

This makes a lot of sense. You really don’t want to improve education – especially math. If you did, people might realize that real estate doesn’t always go up, and that mortgages where you owe more every month might not be the best idea in the world.

And we can’t have that can we?

Click here to post a comment -- Posted by: burbed @ 10:58 am

$749,000 for 744 sqft – guess where!

MLSlistings Property Detail for MLS number 662278
WILTON AV
Palo Alto, CA 94306
wiltonave.jpg

$749,000

This Single Family Residence has the following features:
MLS#: 662278 Approx Age: 64 Years Approx Sq Ft: 744
Detached Single Family 1 Story Cottage/Bungalow

Can’t you include a free tear down?

Click here to post a comment -- Posted by: burbed @ 5:24 am

November 7, 2006

Great views! Convenient Auto Repair shops!

MLSlistings Property Detail for MLS number 658573
330 MOFFETT BL
Mountain View, CA 94043
330moffett.jpg

$865,000

This Single Family Residence has the following features:
MLS#: 658573 Approx Age: 46 Years Approx Sq Ft: 1176
Detached Single Family 1 Story 4 Bedrooms
2 Bathrooms 1 Stall Shower 1 Shower over Tub

At first I was turned off by the fear that there might be feral cats in the neighborhood, waiting to attack me.

But then, I saw the additional photos:

330moffettb.jpg

Oh no way! I can have a view of a super busy 5 lane road? SWEET! Sign me up! I love carspotting!

Click here to post a comment -- Posted by: burbed @ 5:53 am

November 6, 2006

"nor should we try" to solve the housing problem

Mountain View Voice: Candidates again tackle housing in final forum (November 3, 2006)

“We cannot solve a regional housing problem in Mountain View, nor should we try,” said Jac Siegel about the “F” housing grade given to the city by the Bay Area Council using methodology from ABAG.

Siegel’s remarks seemed to reflect the opinion of many of the candidates.

Upon seeing the report, “I was perfectly enraged by it,” said Ronit Bryant.

John Webster said the ABAG report reminded him of central planning in Communist Russia.

This reminds me of this letter back in August:

Mountain View has too many jobs

Editor:

The Bay Area Council has given Mountain View an “F” for providing housing because of the jobs-to-housing imbalance. The common assumption seems to be that Mountain View doesn’t have enough housing.

I would like to suggest that Mountain View has too many jobs. The Bay Area Council could just as easily have cited Los Altos and Los Altos Hills for not providing enough jobs for their citizens, thus requiring them to drive to Mountain View. We could quickly achieve a more equitable balance by transferring the land that Google sits on to Los Altos.

Glenn Meier

Walnut Drive

In summary:

  • Thinking about moving to Mountain View? Please don’t. You’ll just make things worse for everyone else.
  • Need to work in Mountain View? Please don’t. Commuting from Stockton won’t help either as it will make traffic worse.

Thanks Prop 13.

Click here to post a comment -- Posted by: burbed @ 10:02 am

"It's a great time to buy or sell a home" – the ad!

I did not make this ad up.
nar.gif
If any of that makes sense to you, I suggest you read this post that critiques each claim: http://bigpicture.typepad.com/comments/2006/11/analyzing_why_i.html

Comments (1) -- Posted by: burbed @ 5:29 am

November 5, 2006

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Click here to post a comment -- Posted by: burbed @ 11:49 am

November 4, 2006

NAR: Getting a good deal is unnecessary

Business – Realtors’ ads tout bargains – sacbee.com
Capital region real estate agents believe many would-be homebuyers are unnecessarily waiting for the market to bottom out, a situation aggravating record resale inventory, causing headaches for new-home builders and contributing to lower prices.

That’s right folks! You should always buy when the market is high!

Don’t forget, the agents are paid by commission – so you’re unnecessarily depriving them of income.

And what’s more important than that?

Click here to post a comment -- Posted by: burbed @ 12:56 pm

“It’s a great time to buy or sell a home.” – Realtors

Realtors Say the Stars Are Aligned for Housing – New York Times
IT may go down as the “Got milk?” moment for the housing sector.

Just as dairy associations, with their widespread ads, have tried to convince Americans of the many benefits of milk, the National Association of Realtors will begin promoting the notion that buying a home is an unalloyed good in a $40 million campaign that boldly declares: “It’s a great time to buy or sell a home.”

The ads will try to counter the drumbeat of dour housing data and news by making the case that historically low interest rates, a large supply of homes on the market and the group’s forecast of rising prices next year make now an ideal time to buy a home.

The campaign, which was developed by the Most Agency, based in Newport Beach, Calif., starts today with full-page ads in The Wall Street Journal and USA Today. It will make its way into other newspapers, including The New York Times, over the weekend and onto television and radio networks early next year.

Remember, when prices are going up… it’s a great time to buy.

When prices are going down… it’s a great time to buy.

Got it!

Click here to post a comment -- Posted by: burbed @ 5:29 am