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Millionaires Scramble for Housing
Young families are bidding way over asking price to settle in the West Valley
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Silicon Valley is bursting at the seams with new millionaires, thanks to stock options, IPOs and dot-com businesses. Many of the newly affluent covet addresses in Los Gatos, Monte Sereno and Saratoga, but all the money in the valley has made the housing market so tight that prospective homeowners are finding themselves in bidding wars--and paying way over the asking price--or their homes.
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News
Mobile Home Park Developers
Mark Hansen of Barry Swenson, Builder, says the company plans to meet with neighbors, community leaders before submitting plans.
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News
Overcrowded Planning Agendas
Council considers how the Planning Commission can shorten its meetings while still covering the bases.
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News
Fred Hawkes
Monte Sereno names heritage preservation commissioner Fred Hawkes to fill seat left open by Joel Gambord's resignation.
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News
Village House
The Planning Commission granted a continuance to the Village House so new owners can work on renovations that are now at $2 million.
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Education
LGUSD Studies Facilities
Los Gatos Union School District searches for solutions to aging classrooms, and says a bond issue is a possibility.
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Los Gatos, California Since 1881
