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Last updateWed, 06 Dec 2017 2pm

Assemblyman Marc Berman gives housing, transit update

State Assemblyman Marc Berman joined members of the Silicon Valley Association of Realtors at their Nov. 17 meeting in Los Altos to provide a legislative summary of 2017 and offer insight on his priorities for 2018.

Berman, a Democrat who represents Los Altos, Los Altos Hills and Mountain View, said the biggest victories of this past legislative session relate to two topics that are on everyone’s minds – transportation and housing.

Downtown MV projects linger in design phase


Megan V. Winslow/Town Crier
The historical Weilheimer House, built in 1884, is fated to return to use as a single-family home in a new location after housing Michelin-starred restaurant Chez TJ for decades.

Two proposed development projects are poised to add substantially new looks to parts of downtown Mountain View.

In a study session last week, the Mountain View City Council provided direction on major questions about how projects proposed at the two sites might look.

Areté Dance Center still making moves

Five years after setting up shop in Loyola Corners, Areté Dance Center is still teaching locals how to cut a rug. But with a transition in ownership this year, the studio is looking to augment its dance offerings while still providing the inclusive, welcoming atmosphere often missing on the more competitive dance scene.

After former co-owners Rebecca and Lerey Bishop sashayed away from the studio, Kris Mola became Areté’s sole proprietor in July.

SV luxury home sales rise in September

The Silicon Valley luxury home market experienced a gain in total sales in September year-over-year, according to a report by Coldwell Banker Residential Brokerage.

A total of 59 residential properties priced $3 million and higher were sold in September, a 40 percent increase from 42 sales in September 2016. The median price for luxury properties sold in September dipped to $3.5 million from $3.875 million in September 2016, a slip of 9.7 percent. The totals are based on sales transactions recorded in Santa Clara County by the Multiple Listing Service.

Keller Williams plans to open Los Altos realty office in new year

Keller Williams Bay Area Estates will expand to Los Altos in early 2018, adding to the realty company’s offices in Los Gatos, Saratoga, Carmel, Burlingame and San Francisco.

According to Mark von Kaenel, operating partner at Keller Williams, extending the company’s services into Los Altos makes good business sense.

Despite high salaries, Santa Clara County ranks low nationally in discretionary income

Trove Technologies Inc. recently released a study revealing that California ranks third worst among states in discretionary income, despite boasting the fourth highest salaries.

Santa Clara County, along with five other California cities – San Francisco, Sacramento, Riverside, Los Angeles and San Diego – ranks among the bottom 10 major areas nationwide for discretionary income.


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