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News

Obama visits Los Altos area

Obama visits Los Altos area

President Obama made a fundraising stop today at a private residence in Los Altos Hills, an appearance that spurred traffic disruptions, helicopters scouting overhead and protesters. In the wake of his visit, unknown persons, apparently no fans of ...

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Schools

MVLA rolls out laptop integration this fall

MVLA rolls out laptop integration this fall


Town Crier File Photo
Starting in the fall, daily use of laptops in the classroom will be standard operating procedure for students at Los Altos and Mountain View high schools as the Mountain View Los Altos Union High School District launches a pil...

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Community

Generations blend behind the scenes at 'Wizard of Oz'

Generations blend behind the scenes at 'Wizard of Oz'


Altos Youth Theatre and Los Altos Stage Company rehearse a scene from “The Wizard of Oz.” ELIZA RIDGEWAY/ TOWN CRIER

A massive troupe of young people and grownups gathered in Los Altos this summer to stage the latest iteration of a childhood sta...

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Sports

Football in July

Football in July


Town Crier file photo
Mountain View High’s Anthony Avery is among the nine local players slated to play in tonight’s Silicon Valley Youth Classic.

Tonight’s 40th annual Silicon Valley Youth Classic – also known as the Charlie...

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Comment

Pools should be included: Editorial

Los Altos residents should be receiving calls this week from city representatives conducting a survey to determine priorities for a revamped Hillview Community Center.

Notice that we did not say “civic center” – chastened by a lack of public support...

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Special Sections

Looking for life without lows, local diabetic tests artificial pancreas

Looking for life without lows, local diabetic tests artificial pancreas


Photo by Ellie Van Houtte/Town Crier
Dr. Trang Ly, left, reviews blood sugar readings on a smartphone with Los Altos resident Tia Geri, right, and fellow participant Noa Simon during a closed-loop artificial pancreas study for Type 1 diabetics.
...

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Business

Palo Alto law firm coming to 400 Main

Palo Alto law firm coming to 400 Main


Ellie Van Houtte/ Town Crier
Longtime Palo Alto law firm Thoits, Love, Hershberger & McClean plans to open an office at 400 Main St. in Los Altos after construction is complete in November.

A longtime Palo Alto law firm plans to expand into L...

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Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

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People

RICHARD PATRICK BRENNAN

RICHARD PATRICK BRENNAN

Resident of Palo Alto

Richard Patrick Brennan, journalist, editor, author, adventurer, died at his Palo Alto home on July 4, 2014 at age 92. He led a full life, professionally and personally. He was born and raised in San Francisco, joined the Arm...

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Travel

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway


Courtesy of Ritz-Carlton
The Ritz-Carlton in Lake Tahoe offers fall getaway packages that include spa treatments and yoga classes.

Fall in North Lake Tahoe boasts crisp mornings and opportunities to spend quality time in the mountains. Specially ...

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Stepping Out

PYT stages 'Shrek'

PYT stages 'Shrek'


Lyn Healy/Spotlight Moments Photography
Dana Cullinane plays Fiona in Peninsula Youth Theatre’s “Shrek The Musical.”

Peninsula Youth Theatre presents “Shrek The Musical” Saturday through Aug. 3 at the Mountain View Center for the Performing Arts...

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Spiritual Life

Foothills Congregational: 100 years and counting

Foothills Congregational: 100 years and counting


Courtesy of Carolyn Barnes
The newly built Los Altos church in 1914 featured a bell tower and an arched front window. Both continue as elements of the building as it stands today.

Foothills Congregational Church – the oldest church building ...

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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Default notices and foreclosures down in Santa Clara County

Photo Town Crier File Photo Notices of default in Santa Clara County for the third quarter totaled 2,244, a 44.4 percent decrease from the same quarter last year.

 

Lenders sent out fewer default notices to Santa Clara County homeowners during the third quarter this year compared to the same period last year. Moreover, banks foreclosed on fewer houses and condominiums compared to the third quarter of 2009, according to MDA DataQuick.

The real estate information service reported a total of 2,244 default notices recorded in the county July through September. This number was down 44.4 percent from the third quarter of 2009, when 4,035 notices were recorded. Among the counties in the Bay Area, Santa Clara had the largest drop in notices of default.

Foreclosures in the county also fell from the same time last year. Trustees deeds recorded totaled 1,036 during the third quarter, down 16.2 percent from 1,237 in the third quarter of 2009.

Statewide, a total of 83,261 notices of default were recorded during the 2010 third quarter, up 18.9 percent from 70,051 in the prior quarter, but down 25.5 percent from 111,689 in the third quarter of 2009, according to DataQuick. Foreclosures peaked at 9,511 in the third quarter of 2008.

The report indicates that California’s high-end markets collectively saw mortgage defaults buck the marketwide trend and drop slightly quarter to quarter. The number fell slightly more on a year-over-year basis compared with the overall market. The concentration of defaults remains much higher in the less expensive areas.

“It’s anyone’s guess how the numbers will play out at year end,” said Jeff Bell, president of the Silicon Valley Association of Realtors. “Many lenders aren’t keen on loan modifications, yet some have temporarily frozen or partially suspended foreclosures, so uncertainty continues and a full market recovery stalled.”

Foreclosure resales accounted for 35.5 percent of all California resale activity last quarter, down from a revised 35.8 percent the prior quarter, and down from 42.7 percent a year ago. The DataQuick report states that on primary mortgages, California homeowners were a median five months behind on their payments when the lender filed the notice of default. The borrowers owed a median $15,156 in back payments on a median $310,000 mortgage.

The Silicon Valley Association of Realtors provided information for this article.

For more information, e-mail Rose Meily at This email address is being protected from spambots. You need JavaScript enabled to view it. .

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