Sat04302016

Business & Real Estate

Transactions

Los Altos

554 Glen Alto Drive, Cutts Trust to J. Lee for $3,901,000

484 Panchita Way, Knapp Trust to Panchita Investments for $3,478,000

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Transactions

Los Altos

531 Patrick Way, Steele Trust to C. Yang for $4,600,000

Los Altos Hills

10730 Mora Drive, F. Linebarger to R. Minton for $2,548,000

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Transactions

Los Altos

1070 Mercedes Avenue No. 6, S. Chen to G. & A. Barry for $900,000

569 Orange Avenue, Dodds Trust to W. & C. Hoffenberg for $2,300,000

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Transactions

Mountain View

732 Borello Way, L. Rogers to A. Mobasher for $1,755,000

938 Clark Avenue No. 48, E. Lundberg to D. & P. Wadors for $925,000

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Realtors optimistic about home sales in 2016

The housing market celebrated its best year in nearly a decade in 2015.

In 2016, realtors expect existing-home sales to expand, but at a more moderate pace due to pressures on housing affordability and economic growth, according to National Association of Realtors Chief Economist Lawrence Yun. Yun expects total existing-homes sales this year to grow between 1 and 2 percent (5.3 million to 5.4 million) and prices to increase between 5 and 6 percent.

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Transactions

Los Altos

10490 W. Loyola Drive, Johnson Trust to West Loyola Drive Limited for $2,500,000

Mountain View

219 Carmelita Drive, Williamson Trust to Canyongate Bay for $1,820,000

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Transactions

Los Altos

10490 W. Loyola Drive, Johnson Trust to West Loyola Drive Limited for $2,500,000

Mountain View

219 Carmelita Drive, Williamson Trust to Canyongate Bay for $1,820,000

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