Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown
The Real Estate Network

Live In Los Gatos

Los Gatos, California

Los Gatos real estate, neighborhoods, condos, houses, homes, market trends, history, events, lifestyle, parks, events, businesses, home, Mary Pope-Handy

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

RE: Full Spectrum Jazz Big Band will be at the Los Gatos Lodge Tonight
<a href=<http://www.as.com>adfa</a>...
RE: Are There Many Short Sale or Bank Owned Homes for Sale in Los Gatos?
I was expecting more properties... There are such...
RE: Home Sellers Ask: Why Isn't My Home Selling?
Hi Carole, Thanks so much for your kind words!&...
RE: Home Sellers Ask: Why Isn't My Home Selling?
Great article.  If only we could get more REA...
RE: Home Sellers Ask: Why Isn't My Home Selling?
Mary, This is the MOST comprehensive article I've...

Site Feed

RSS Feed

Live In Los Gatos

What Is Autumn Weather Like in Los Gatos?

Oct. 18, 2009
Categorized in: Photos of Los Gatos

What can you expect, weatherwise, for Los Gatos in the fall?  It varies but generally is dry and fairly warm during the days.  Mornings can be chilly but it heats up fairly quickly.  This last week was perhaps a bit unusual, but I'll share with you a bit about the weather here over the last seven days.

This last week, though, we caught the tail end of an Asian hurricane and we got drenched and pelted with strong winds.  After three drought years, no one is complaining: we needed the rain.

The storm this week wrecked havoc on trees in Los Gatos

The storm caused damage to trees all over and created power outages for many.  Our block in Belwood was mixed - half the homes were out of power for about 48 hours. We were lucky and had power. As usual, though, after a very heavy rain, we had Comcast problems.  Our internet flickered off and on for a couple of days (a challenge for Jim and me since we both work from home and rely heavily on the web).

View of hills from Belvue Drive, Los Gatos

The temps rose in the days following the storm.  It's not completely abnormal to have an 80 degree day in October, but it is unusual to have a summer like temp with east-coast like humidity. The ground was saturated and as it evaporated, we had several muggy days. 

Fall colors in Belwood of Los Gatos

We got back to the daily walk with Bella through the neighborhood and to Belgatos Park and that's when we learned that so many neighbors were without electricity.  We saw a few trees that were getting extra supports (or should have, as they were now listing badly) but others which seemed just fine.

Flowers along Westhill Drive in Los Gatos

Many of the smaller plants and bushes fared much better than the larger trees had. To see the blooms along Westhill Drive, you'd never know that a massive storm had passed just 48 hours earlier.

The prickley pear bush looked "good as new" on Bacigalupi Dr., Los Gatos

Mike's prickley pear looked just great.

Closeup view of the prickley pear plant in our neighbor's yard.

Everyone's got power again and aside from a few downed limbs, the neighborhood is looking back to normal. As usual for fall, Los Gatos is full of people who are jogging, riding bikes, pushing strollers, walking dogs, or just getting out.  Today was into the 70s - a very normal fall temp - and except for a few clouds that have been coming and going, it's again looking like autumn as usual.

Brian and Jim went with Bella and me on a walk to Belgatos Park earlier today.

Westhill Drive was cordoned off for a block party, too.

Westhill Drive was blocked off for a "block party" today.

This is not surprising: our mild weather makes doing things outdoors be the norm throughout most of the fall.   We enjoy an average of 300 sunny days per year in Silicon Valley, with mild weather being the hallmark.  Rain normally comes from about December until March or April, but even then it's not usually so bad unless we have a once-in-a-decade El Nino year.   Word has it that we might be in for that this year, which would certain end, officially, the drought.  It's supposed to rain again tomorrow.  No one likes water rationing, so we will view it as a gift!

Why We Love Living In California

Apr. 9, 2008
Categorized in: LG Lifestyle


Our son, Brian, is knee-deep in trying to decide where to go to college next year. He's been accepted at a couple of schools here in California, the "sunshine state", as well as some in chillier places - Seattle, Chicago, and Vermont. My siblings, who now live in Massachusettes, keep telling him how lucky he is to be in California, where even our cold days aren't so cold.

To that end, Brian showed me a you tube tourism video that may not capture all the diversity and high level of education here in Silicon Valley, but certainly does convey the fact that this is a state where there's lots to do and enjoy. I liked the video and wanted to share it with you, too.

Is Now a Good Time to Buy or Sell a Home in Los Gatos?

Jan. 4, 2008
Categorized in: Homes & Housing Market

Is January a good month to list your home, or to make an offer on one, in Los Gatos? When is the best time to buy or sell?

In auto sales, it's said that making an offer on a car the last day of the month, especially if it is a rainy, "slow day", can result in a good bargain. Is that true in buying a house in Los Gatos too?

Auto sales and real estate sales are not the same, but they can respond to the same economic factors, among others.  Predictions for 2008 are very mixed. The weather, though, also impacts sales in both areas.

What about the weather? As I type this, it's pouring rain, the wind is howling and my power here in Belwood has browned out 3 times in the last 2 minutes. This is not the kind of weather that brings most buyers out to shop! So competition will be less for the best homes. Interest rates, too, often rise in mid-February as demand increases.  There's not a ton of inventory at the moment, but it's very possible that the "best deal of the year" for getting that condo, townhome or house here in the west valley will be had right now.
No one can say with any certainty whether the realty market will be more or less favorable in a month, but I would say to buyers who are serious about purchasing a home this year: do look now. If you see a home you like, make an offer. And sellers, most of your competition will wait for fairer days. Right now, that's not much of an issue.

What's the inventory? And sellers, is this a good time for you? Right now,inventory is low: there are exactly 95 single family homes that are on the market in the 95030 and 95032 zip codes. There are just 22 condominiums or townhouses in the same parts of town. Winter is not usually known as the best season to sell, but there is also far less competition now than there might be later in the year. And buyers who come out to view homes in the middle of January's weather are usually very serious about writing a contract to purchase a house.

What about pricing? Home sales have been plummeting for 34 solid months. Most homes in most parts of Silicon Valley are not selling. (Believe it or not, even in a hot sellers market, not all homes sell. A percentage are always overpriced, in poor condition, or marketed so badly that they do not procure an offer that goes through.) Los Gatos, and neighboring Monte Sereno, Saratoga, and Almaden Valley, are stronger than many parts of the valley - in large part because of the quality of life in these areas, the low crime, the well-kept neighborhoods, and the great school scores.  Those factors make some areas desirable in any market. So while you might find a foreclosure emporium in some parts of Santa Clara County, you won't find it in this part of the Valley of Heart's Delight!  Short sales and foreclosures pull prices down, perhaps by as much as 10 percent, in areas where those occur. But prices in the town of Los Gatos and the lovely areas adjacent are continuing to rise.

The future of real estate sales in Silicon Valley is a bit uncertain for this new year, perhaps especially since it is an election year. We truly don't know how long the sales slump here will last. If homeowners need to sell, it is probably best to get the home on the market sooner rather than later since the competition is not very great at the moment. Buyers can gain on this market now by purchasing when no one else is looking and while interest rates are good and before prices rise any more. (I have often heard buyers say  "I'm waiting for prices to go down" but in most markets within Los Gatos, they are simply not falling.)

"The Market" is a broad term, and really even within our fair town, there are micro-markets from east Los Gatos to downtown to the areas bordering Monte Sereno, and that is also true as relating to school districts and price points.

Right now - even with this inclement weather - can be a great time to buy and sell in Los Gatos or anywhere in the west valley areas of Silicon Valley.

Please call or email me if you'd like to discuss your particular circumstances.

Best regards,

Happy New Year!

Jan. 1, 2008
Categorized in: Photos of Los Gatos
Yesterday my family and I hiked through Belgatos Park in Los Gatos and the weather was so amazingly clear that I wish I had brought my "real camera". But I did have my Treo along, and it can take photographs, so I snapped a few.

This is a view of downtown San Jose through some oak trees on one of the crests in the park. All of Silicon Valley can be seen - and more!  In fact, we could make out San Francisco in the distance (not shown). It truly was picture perfect.  Enjoy, and Happy New Year!

View of San Jose and Silicon Valley from Belgatos Park in Los Gatos. Photo by Mary Pope-Handy