Mon06292015

Business & Real Estate

International homebuyer interest strong in state

Special to the Town Crier

Despite rising home prices and the appreciation of the U.S. dollar, California continued to be a destination spot for international buyers in 2014.

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Beepi driven to redefine used-car industry

Beepi
Courtesy of Beepi
Beepi co-founders Alejandro Resnik, left, and Owen Savir oversee the used-car business that will soon move to a larger location in downtown Los Altos.

The business of used-car sales often results in a winner and a loser. One Los Altos-based company aims to take the gamesmanship out of the process.

Beepi – named for the cheerful “beep beep!” sound of a honking horn – heralds a new era of car buying with an online marketplace that connects buyers and sellers and tends to all the details along the way.

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Transactions

Los Altos

100 First Street No. 208, Los Altos Limited to Singh Trust for $897,500

1943 Annette Lane, Frederickson Trust to Gibeau Trust for $2,775,000

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IKB Design wins award for remodel


Courtesy of IKB Design
Los Altos-based IKB Design earned a platinum award for a home remodel in Menlo Park, above.

The Los Altos-based IKB Design & Construction recently won a platinum award for a full house remodel in Menlo Park at the 2015 National Association of the Remodeling Industry Meta awards.

Scores were based on a set of criteria including problem solving, functionality, aesthetics, craftsmanship, innovation, degree of difficulty and presentation.

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As April 15 approaches, new IRS tool can help you find a tax preparer

The IRS has launched a new online public directory of tax-return preparers.

Taxpayers can use the tool – the Directory of Federal Tax Return Preparers with Credentials and Select Qualifications – to select a tax-return preparer with the credentials and qualifications they prefer.

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Los Altos scientist named Inventor of the Year

BIZ Inventor Showen in fmt
Alicia Castro/Town Crier
Robert Showen, above, the Silicon Valley Intellectual Property Lawyers Association’s Inventor of the Year, began researching his ShotSpotter technology in his Los Altos home. Sensors are placed around a city, below, and four or more consistent timings cue SST Inc. to notify police of gunfire.

The award-winning work of Robert Showen began on a grand piano.

Technically, it was on top of his piano. That’s where the Los Altos resident first used his computer to study the acoustics of gunshots. From his research, Showen founded ShotSpotter Inc., a gunfire alert and analysis company.

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Stock momentum still with the bulls

For now, market momentum is clearly with the bulls. As of Friday, the major averages were all up more than 5 percent, with the Standard & Poor's 500 index surpassing the 2,100 mark and sentiment rarely higher.

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