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Business & Real Estate

Transactions

Los Altos

1245 Altamead Drive, J. & T. Benjamin to P. Motafram for $2,150,000

485 Arboleda Drive, Syscom Tech to M. & K. Berman for $4,000,000

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A realtor's guide to buying a vacation home


courtesy of Alex Proimos
Vacation homes made up 13 percent of all home sales nationally in 2013, according to a National Association of Realtors survey.

Across the country, spring is finally making an appearance. For many Americans, this means one thing – vacation time.

More and more people are taking their vacations in a second home, according to the National Association of Realtors’ 2014 Investment and Vacation Home Buyers Survey. The survey found vacation home sales accounted for 13 percent of all sales in 2013, up nearly 30 percent from the previous year. That represents their highest market share since 2006.

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Transactions

Los Altos

134 Lyell Street, Brown Trust to M. Crowell for $1,200,000

1108 Russell Avenue, Bremer Trust to S. Aditya for $2,250,000

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