08252016Thu
Last updateWed, 24 Aug 2016 12pm

Cybercriminals target transactions

Small real estate businesses, agents and their clients are increasingly becoming targets of cyber scammers.

Darity Wesley, founder of the Lotus Law Center, said hackers are seeking personal identifiable information, such as credit card or bank account information, login credentials, employment details, a physical address, an email address, a phone number or a Social Security number.


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

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

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

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

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.

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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