Field Notes from a Realtor

Home Buyers, Mountain View Alex Wang Home Buyers, Mountain View Alex Wang

New Construction Review: Classics at Station 361, Mountain View

Classics at Station 361 is the latest new home community in Mountain View. With models open for only two months and 13 of its 65 homes sold in just three sales releases, Classics at Station 361 has become an instant hit with homebuyers.

Classics at Station 361 has the three L’s going for it – location, location, location. Station 361 is centrally-located in Mountain View which, according to BusinessInsider.com, is one of The 15 Hottest American Cities of the Future – Mountain View will continue to lead as a tech city. Home to such big tech names as Google and Microsoft, Mountain View is sure to stay on the cutting edge of technology for years to come.

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Bay Area Real Estate Analysis: Real Estate Terms Defined

There are several key statistics that are used to determine the health of any real estate market – average days on market, month’s supply of inventory, sales absorption rate, and the median sales price. Days on market (DOM) describes how long a home is active on the market before its status changes to pending.  The average days on market is determined by adding each listing’s days on market in a month, then dividing by the number of active listings for sale at the end of that month.

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Mountain View, Schools Alex Wang Mountain View, Schools Alex Wang

Mountain View Whisman School District Tour – Looking Deeper than API Scores

At the end of October, four of our real estate agents from Rainmaker Properties went on the Mountain View Whisman School District “Get on the bus tour” to learn more about what the local schools offer besides strong API (Academic Performance Index) scores. Homebuyers, along with real estate agents, tend to put a strong bias on high API scores, especially since good schools can translate into better priced homes. But in cities like Mountain View, where the majority of the school district is either at the state API goal of 800 or above, we can start to consider other factors in the makeup of a school to see if it is the best fit for a child.

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