Sat11292014

News

VTA plans for  El Camino Real prompt skepticism

VTA plans for El Camino Real prompt skepticism


Ellie Van Houtte/Town Crier
A Valley Transit Authority proposal to convert general-use right lanes on El Camino Real to bus-only use received a chilly reception last week.

A Valley Transit Authority proposal that prioritizes public transit alo...

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Schools

MVHS students attempt Guinness World Record

MVHS students attempt Guinness World Record


Barry Tonge/Special to the Town Crier
Local residents participate in an attempt to break the Guinness World Record for making the most friendship braceletsNov. 9 at Mountain View High.

More than 300 Mountain View High School students gathered around...

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Community

Bigger, better days ahead for Foothill Veterans Resource Center

Bigger, better days ahead for Foothill Veterans Resource Center


Student veterans at Foothill College can seek support, access resources and socialize at the Veterans Resource Center.
Ellie Van Houtte/Town Crier

Carmela Xuereb sees bigger things in store for the Foothill College Veterans Resource Center. One...

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Comment

Serving those who served us: Editorial

“Thank you for your service” often comes across as lip service to our veterans. As always, actions speak louder than words.

The Rotary Club of Los Altos has taken plenty of action, contributing time and money to improve opportunities for veterans th...

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Business

Report: Los Altos homes priciest in U.S.

Report: Los Altos homes priciest in U.S.


ToWn Crier File Photo
The average cost of a four-bedroom, two-bathroom home in Los Altos is 30 times more than the price of a similar home in Cleveland, according to a Coldwell Banker report.

The average cost of one Silicon Valley home can purchase ...

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Books

Children's author signs books at Linden Tree

Children's author signs books at Linden Tree


Author Tiffany Papageorge is scheduled to sign copies of new her book 11 a.m. Dec. 6 at Linden Tree Books, 265 State St., Los Altos.

Papageorge’s “My Yellow Balloon” (Minoan Moon, 2014) is a Mom’s Choice “Gold” winner. In the book, the Los Gat...

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People

RICHARD CAMPBELL WAUGH

RICHARD CAMPBELL WAUGH

Richard Campbell Waugh of Los Altos Hills, Ca. died at home October 31, 2014 surrounded by his family and caregivers.

Dick was born 1917, in Fayetteville, Arkansas. He earned a BS in chemistry from University of Arkansas and a PhD in organic chemi...

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Travel

Weekday Wanderlust highlights the joys of armchair travel

Weekday Wanderlust highlights the joys of armchair travel


Dan Prothero/Special to the Town Crier
Travel writers at the October gathering of the Weekday Wanderlust group include, from left, James Nestor, Kimberley Lovato, Paul Rauber, Marcia DeSanctis and Lavinia Spalding.

Travel writing should either ̶...

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Stepping Out

Pacific Ballet's 'Nutcracker' opens Friday in downtown Mtn. View

The Pacific Ballet Academy is back with its 24th annual production of “The Nutcracker,” scheduled this weekend in downtown Mountain View.

The story follows young Clara as she falls into a dream where her beloved nutcracker becomes the daring prince ...

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Real estate poised for better year

The housing market in Santa Clara County experienced a bounce-back year in 2013, and realtors expect 2014 to be just as good or even better, according to Moise Nahouraii, broker/owner of Referral Realty in Cupertino.

Nahouraii, a member of the Silicon Valley Association of Realtors (SILVAR), recently shared data with other members of the local trade association, revealing signs of a healthy market in Santa Clara County. Nahouraii’s data reported 1,765 single-family homes and condominiums/townhomes for sale in October 2013, up 32 percent from October 2012.

“We are doing better and selling a lot more,” he noted, adding that closed sales have also greatly improved.

Nahouraii’s findings showed that of the 12,373 total home sales closed between Nov. 1, 2012, and Oct. 31, 2013, only 11.6 percent were distressed sales (REOs and short sales), compared with 29.2 percent the previous year and 50.5 percent in 2009.

More than half (53.7 percent) of all homes sold at prices between $500,000 and $1 million.

In addition, the median price for a single-family home in October 2013 was $778,500, compared with $450,000 during the downturn in October 2009. The highest median home price during the peak years was $800,000.

Sales of condos and townhomes are also coming back strong – but not because single-family homes aren’t selling, Nahouraii noted. He pointed to the low available inventory, while more condos and townhomes are being built.

Nahouraii listed declining county unemployment numbers as another sign of good things to come. An examination of employment figures before, during and after the recession indicated that Santa Clara County experienced a faster pace of recovery compared with the rest of the state and the nation. The county, with a population of 1.7 million and a labor force of 923,400, shows a 6.4 percent unemployment rate – lower than the statewide unemployment rate of 8.7 percent and the 7.3 percent rate nationwide.

According to monthly labor force data for all counties in California, based on October 2013 figures, Santa Clara County is among the top 10 counties in California reporting the lowest unemployment rate.

The Silicon Valley Association of Realtors provided information for this article. For more information, email Rose Meily at This email address is being protected from spambots. You need JavaScript enabled to view it. .

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