The Santa Clara County Association of Realtors reported last week that the county’s housing market appeared to heat up in March, with brisk sales and sellers receiving offers higher than the listed sale price of the homes.

Photo Ellie Van Houtte/Town Crier

Select Windows Inc. owner Tony Rebagliati, foreground, celebrates 20 years of business in Los Altos this summer. Rebagliati has operated his business since 1997, with help from high school friend Dave Brumley, back.

Longtime Los Altos merchant Tony Rebagliati knows a thing or two about the panes and gains – pardon the pun – of running a small business.

Apparently, he knows a thing or two about longevity as well.

The Dow Jones industrial average has moved primarily sideways since peaking April 11 at 14,865.14. Periods like this provide a good opportunity to take a step back and examine what the market is telling us.

Los Altos

1988 Annette Lane, H. Tawfik to S. Ostojic for $1,764,000

770 Edge Lane, Camphor Bay Developers to M. & M. Ocarroll for $2,400,000

One of the most widely debated investment approaches among financial planners involves active versus passive management, especially when investing in stocks.

Indeed, this debate has taken on many of the attributes of a holy war.