Tue09302014

Business & Real Estate

Earnings reports still drive the market

The stock market is always on edge, waiting for something to happen.

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Are you ready to retire to South Dakota?

Bankrate.com recently ranked the 10 best states for retirement. The list, which includes such rugged spots as Colorado, Utah, North Dakota and Wyoming, was topped by, of all places, South Dakota.

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Transactions

Los Altos

72 Bay Tree Lane, Lynch Trust to Siedenburg Trust for $2,413,000

449 Casita Court, American Financial to J. & Y. Wang for $4,450,000

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In the business of fostering business


took over as Los Altos’ new economic development coordinator in May after spending the past two years working as city assistant planner. Ellie Van Houtte/ Town Crier

Sierra Davis is wearing a slightly different hat these days as a Los Altos city employee.

The 27-year-old Sacramento native assumed the position of economic development coordinator in May, just two years after joining the city as an assistant planner. A Cal Poly, San Luis Obispo graduate with a degree in city and regional planning, Davis began her career as a public employee working as an intern in the city of Morro Bay’s Planning Department – a role that later turned into a permanent full-time position.

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Brace for quarterly earnings surprises

Starting this week, we are headed into the earnings season, which could bring some healthy – and unhealthy – surprises. The market remains bullish, and it would need to suffer a significant correction over the next three to 10 weeks to become bearish.

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Transactions

Los Altos

1550 Canterbury Way, Morgan Trust to J. & R. Levin for $1,898,000

4746 El Camino Real, Lennar Homes to C. Chow for $1,311,000

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Campi continues to thrive at 25


Diego Abeloos/Town Crier
Gary and Karen Campi started Campi Properties, Inc. after a partnership split in 1989. The couple has lived in Los Altos since the mid-1970s.

A real estate company that established its roots in Los Altos before the emergence of the iPhone – or the boom and bust times of the Bay Area dot-com scene, for that matter – has turned 25.

Campi Properties Inc. founders Gary and Karen Campi recently celebrated their company’s two-and-a-half-decade stay in Los Altos. It started with a partnership split (formerly Eckert & Campi) and was up and running within one week with more than a dozen agents operating in a small office rented from a local title company.

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