Fri02052016

Business & Real Estate

Survey says Americans still believe homeownership is a sound investment

The majority of Americans still believe that buying a homes is a solid financial decision, and most think they could sell their homes for at least their initial purchase prices, according to a new survey from the National Association of Realtors.

The 2015 National Housing Pulse Survey also revealed that most Americans think now is a good time to buy a home.

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Local couple keeps smiles on Main St.


Alicia Castro/Town Crier
Jasmine H. Le, D.D.S., and Mark Huy Vo, D.D.S., bring their Los Altos Advanced Dental Arts practice closer to home with a new office on Main Street.

For the new co-owners of a Main Street office building, a boring building redo wouldn’t suffice.

“We wanted something modern,” said Mark Huy Vo, D.D.S., who owns Los Altos Advanced Dental Arts at 166 Main St. with his wife, Jasmine H. Le, D.D.S. “We tracked down our favorite architect and he said, ‘We can transform this.’”

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Transactions

Los Altos Hills

26303 Esperanza Drive, Farber Trust to M. Singh for $4,000,000

26895 St. Francis Road, Mayle Trust to M. & T. Minkevich for $3,730,000

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Dow rides high for now

The Dow Jones industrial average surged 3.7 percent to 17,084.49 last week, extending its rebound rally after six sessions in the doldrums. Stocks rose eight of nine recent trading sessions, and the Nasdaq also increased 2.6 percent for the week.

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LAVA hosts Spooktacular, Holiday Stroll

The Los Altos Village Association has scheduled the following fall events.

• Halloween Spooktacular, noon to 4 p.m. Oct. 30. Hosted by LAVA since 1963, the annual downtown tradition includes trick-or-treating at participating businesses, and, from 2-4 p.m., games, face painting, balloon art and crafts.

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FTB offers tips as tax deadline nears


Town Crier File Photo
Taxpayers can opt to e-file.

The deadline for filing 2014 state personal income-tax returns to avoid penalties is Thursday.

Californians file more than 16 million personal income-tax returns annually, according to the Franchise Tax Board, with more than 1.5 million taxpayers taking advantage of the state’s automatic six-month filing extension.

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Strategies help legally safeguard retirement savings from creditors

When I ask the important question: “How safe is your IRA?” I’m not referring to the way your IRA custodian protects your account against hackers.

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