Tue07282015

Business & Real Estate

State housing market bump bodes well for summer

California’s housing market continued to pick up steam as existing home sales and prices rose in March, with both posting back-to-back increases, according to the California Association of Realtors’ monthly data report.

Closed escrow sales of existing, single-family, detached homes in California totaled 391,680 units in March. Sales in March rose 6.3 percent from February and 7.3 percent from March 2014. The year-over-year sales increase was the first back-to-back sales gain since December 2012 and the largest observed since May 2012.

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Transactions

Los Altos

380 Blue Oak Lane, A. Modica to Arora Trust for $3,200,000

1415 Braddale Avenue, Benedict Trust to Huang Trust for $2,800,000

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Keep in mind your Social Security survivor's benefit

I’ve written often about the value of delaying Social Security payments until age 70.

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Mtn. View Chamber honors women leaders

INSIDEMV athenawinner fmt
 Kathy Thibodeaux

Chamber of Commerce Mountain View has scheduled its 24th annual ATHENA Award and sixth annual ATHENA Young Professional Award ceremony 11:30 a.m. to 1:30 p.m. April 29 at Michaels at Shoreline, 2960 N. Shoreline Blvd., Mountain View.

Kathy Thibodeaux will receive the ATHENA Award, which honors a woman who has “attained and personified the highest level of professional excellence in business and the community,” according to chamber officials. Thibodeaux is founder and principal consultant for KM Thibodeaux Consulting, a Bay Area-based government and community relations and organizational development and strategy company.

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Steinway gallery brings pianos, musicians to downtown Los Altos


Alicia Castro/Town Crier
Chrissy Huang, manager of Steinway Piano Gallery in Los Altos, showcases Steinway & Sons’ signature instruments. The gallery plans to host concerts with performers tickling the ivories.

A new downtown Los Altos business brings a time-tested keyboard to the world’s epicenter of technology.

“In Silicon Valley, we have many talents here – not just in engineering,” said Chrissy Huang, gallery manager of Steinway Piano Gallery in Los Altos. “Obviously, there is a huge need for the piano in our community.”

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Major averages make big move

Stocks jumped in volatile trading for the second consecutive week, with the major indexes up approximately 2 percent. That’s in view of a prospective interest-rate hike, a strong dollar and weak earnings reports.

As of Friday, the Dow Jones industrial average was approximately 1.5 percent from its March 2 all-time closing high of 18,288.63. The S&P 500 index was within 1 percent of its March 2 all-time high of 2,117.39.

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LA Chamber of Commerce hosts Business EXPO April 23


Town Crier File Photo
Residents mingle at a previous Los Altos Chamber of Commerce Business EXPO.

The Los Altos Chamber of Commerce is scheduled to host its 26th annual Business EXPO 4-7 p.m. April 23 at the Los Altos Youth Center, 1 N. San Antonio Road.

The EXPO provides local residents an opportunity to meet Los Altos retailers, restaurateurs, professionals and service-providers in one location. Merchants from all seven business areas in Los Altos plan to participate, and attendees will find information on their offerings. Merchants donate raffle prizes and giveaways at their individual displays.

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