Post a New Topic
Original post made
by Lois, Midtown,
on Aug 6, 2008
Yeah, 3-bedroom houses in Palo Alto for less than $500,000! Or the Daily might have meant $1,417,000.
Misprint: No it wasn't a misprint, it was printed yesterday in the "PA Daily Post." And, today it is printed in both the PA Daily Post and the PA Daily. Check both papers it clearly say: 3 bedroom home on Iris sold for $417,000.
I don't know anything about this particular house, but it's not clear that this represents a fall in house prices. Reported sale prices are not always reports of market transactions. This could be, for example, some sort of divorce settlement, a part of a trustee transaction, or a below market sale to a child, etc. etc.
We'd have to see more of a trend than one house - or know some specifics about the one in question - before we could draw many conclusions from this.
To quote the "PA Daily Post" exactly: "190 Iris Way, 94303, 3 bedrooms, 1114 sq. ft., built in 1947, A. Radara to Rene & Doris Girerd for $417,000: 7/22/08 (Last sale: $550,000, 8/11/98)
I agree with Trent.
This could easily be a family affair. Say the original owner(s) died and left the house equally between two grown children. One of the children may want to sell their part and the other child may want to live in the house and buy out the sibling. This would satisfy what you saw in the paper.
One data point does not make a trend. Look at overall sales for the last six months. It is not 'crashing', even if for now the dramatic increases are not usually occurring.
The Mercury News believes doom and gloom sells papers. They and Channel 4 are always looking for something to support the news the sky is falling.
The sky may eventually fall, but it is not right now...
Funny I drove along Middlefield today and there is an Alain Pinel sign with "REDUCED" hanging from it!!!
Maybe people are realizing Monta Vista and Mission SJ are MUCH better school districts.
"Maybe people are realizing Monta Vista and Mission SJ are MUCH better school districts."
"MUCH better" in what way? In students working their tails off even more than elsewhere? I know of students who attended those schools. One student worked extremely hard yet could only get accepted into the lower UC schools because the competition at Monta Vista was so fierce. Another said that students would be up until 10:00 at night, practicing piano. Those two schools are not as diverse as PA schools are. Many are ESL parents who want their children to study 24/7. I say go ahead, go.
On second thought leave for the chinese to take care of business.
We have friends who live in the Midwest, and all three of their children were accepted to Stanford, but only one decided to attend (later for graduate school).
They attended Christian schools from K-12, and were far ahead than our children.
They had a good understanding of history, since they began studying Biblical history from first grade, then onto Western Civilization.
History was taught in sequence, so when they studied the American Revolution, and then the Civil War, they had the basic foundations of Greek, Roman, and Hebrew history (with a basic understanding of each language).
They also excelled in math, and science,sports, and music.
I am beginning to wonder if the schools in Palo Alto are as superb as people claim them to be, or if this is merely something the realtors promote to keep the house prices inflated.
I feel that perhaps the Hebrew schools here, may give an equivalent education in this regard.
Also, these children wore uniforms and respected their teachers.
The public schools in California are over-rated.
I don't know what teachers your child had in 6th grade, but mine learned all the history you mentioned in the fourth paragraph (all in 6th grade, plus more than you mentioned) from one book. It was very detailed info, because I quizzed him when studying for tests.
There are plenty of kids here who excel in those listed in the 5th paragraph.
We lived in the Midwest for nearly 20 years and I can tell you the education in general is deficient (you might find a few towns with good schools). My son missed a month of classes for vacation because he wasn't learning anyway. Here in PA, he doesn't want to miss any part of the school day or he missed information.
One more note: those Midwest children you are mentioning most likely were accepted into Stanford because they had the resume that many PA students have, but also because students from the Midwest DO NOT USUALLY LEAVE THE MIDWEST, so based upon their applications from the Midwest, they are considered a minority. It is easier for those outside of PA to attend Stanford than those who live here.
Californians in general are much more intelligent than Midwesterners who stay in the Midwest (those who transfer to CA are the more intelligent ones). I've unfortunately lived in the Midwest long enough to know their unassertive and reserved sub-culture.
Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.
Post a comment
Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online.
Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information
We prefer that you use your real name, but you may use any "member" name you wish.
Select your neighborhood or school community: * Not sure?
- Barron Park
- Charleston Gardens
- Charleston Meadows
- College Terrace
- Community Center
- Crescent Park
- Downtown North
- Duveneck/St. Francis
- Embarcadero Oaks/Leland
- Esther Clark Park
- Evergreen Park
- Greater Miranda
- Green Acres
- Greendell/Walnut Grove
- Leland Manor/Garland Drive
- Meadow Park
- Monroe Park
- Old Palo Alto
- Palo Alto Hills
- Palo Alto Orchards
- Palo Verde
- South of Midtown
- St. Claire Gardens
- The Greenhouse
- Triple El
- University South
- Woodland Ave. area (East Palo Alto)
- Addison School
- Barron Park School
- Duveneck School
- Egan Middle School (Los Altos)
- El Carmelo School
- Escondido School
- Fairmeadow School
- Gunn High School
- Hoover School
- JLS Middle School
- Jordan Middle School
- Juana Briones School
- Nixon School
- Ohlone School
- Palo Alto High School
- Palo Verde School
- Santa Rita (Los Altos)
- Terman Middle School
- Walter Hays School
- another community
- Another Palo Alto neighborhood
- East Palo Alto
- Los Altos
- Los Altos Hills
- Menlo Park
- Mountain View
- Portola Valley
Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.
Draeger’s Los Altos eyes upgrades, expansion
By Elena Kadvany | 4 comments | 3,051 views
Housing is for People
By Steve Levy | 28 comments | 2,056 views
College Visit: Lehigh and Lafayette
By John Raftrey and Lori McCormick | 4 comments | 1,419 views
"the Summit" (CompPlan): Forewarned is Forearmed
By Douglas Moran | 20 comments | 701 views
A quiet moment
By Sally Torbey | 8 comments | 590 views
Home & Real Estate
Shop Palo Alto
Send News Tips
Circulation & Delivery
Mountain View Voice
© 2015 Palo Alto Online
All rights reserved.