Homes For Sale Silicon Valley CA

homesforsalesiliconvalleyca.com

By

Mountain View Row-House Development Ending?

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 approval to demolish the two-story apartment building and build 115 row houses before closing the purchase. The row houses will be three and four bedroom homes ranging in size from 2,014 to 2,446 square feet.

See “Last Mountain View Row-House Development“.

By

Google Continues Silicon Valley Expansion

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 expand its presence in Silicon Valley.

Google was reported on Dec 14, 2020, to have notified its employees to live within commuting distance of their assigned office. They will be expected to show up three days a week. Google has delayed working-in-person until Sept 1, 2021, for its employees.

By

Downtown Mountain View Home Prices

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.

Downtown Mountain View House Prices

More information about the Downtown Mountain View neighborhood, including more real estate trends and downtown attractions, is available at: Downtown Mountain View.

By

Real Estate Trends – San Mateo County vs. Santa Clara County

San Mateo County trends and Santa Clara County trends have begun showing greater differences. At the beginning of 2018 prices spiked higher in Santa Clara County due to the expected increase in mortgage rates. At the end of 2020 Santa Clara again is showing greater increases, possibly due to its greater economic influence from tech companies.

Santa Clara County house price per sq.ft.
Strong increase at the beginning of 2018 and end of 2020
San Mateo County house price per sq.ft.
Modest increase at the beginning of 2018 and end of 2020