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Last updateTue, 21 Nov 2017 4pm

Areté Dance Center still making moves

Five years after setting up shop in Loyola Corners, Areté Dance Center is still teaching locals how to cut a rug. But with a transition in ownership this year, the studio is looking to augment its dance offerings while still providing the inclusive, welcoming atmosphere often missing on the more competitive dance scene.

After former co-owners Rebecca and Lerey Bishop sashayed away from the studio, Kris Mola became Areté’s sole proprietor in July.

SV luxury home sales rise in September

The Silicon Valley luxury home market experienced a gain in total sales in September year-over-year, according to a report by Coldwell Banker Residential Brokerage.

A total of 59 residential properties priced $3 million and higher were sold in September, a 40 percent increase from 42 sales in September 2016. The median price for luxury properties sold in September dipped to $3.5 million from $3.875 million in September 2016, a slip of 9.7 percent. The totals are based on sales transactions recorded in Santa Clara County by the Multiple Listing Service.

Keller Williams plans to open Los Altos realty office in new year

Keller Williams Bay Area Estates will expand to Los Altos in early 2018, adding to the realty company’s offices in Los Gatos, Saratoga, Carmel, Burlingame and San Francisco.

According to Mark von Kaenel, operating partner at Keller Williams, extending the company’s services into Los Altos makes good business sense.

Despite high salaries, Santa Clara County ranks low nationally in discretionary income

Trove Technologies Inc. recently released a study revealing that California ranks third worst among states in discretionary income, despite boasting the fourth highest salaries.

Santa Clara County, along with five other California cities – San Francisco, Sacramento, Riverside, Los Angeles and San Diego – ranks among the bottom 10 major areas nationwide for discretionary income.

Former Los Altos hedge fund manager collects major settlement from employer


 

To this day, Sangeeth Peruri doesn’t know why he was fired.

“You’re going to work every day, then you stop going to work,” said the Los Altos resident last month. “How do you explain to your kids why you don’t have a job anymore?”

Mtn. View's World Savings Plaza on the market

World Savings Plaza, the Mountain View shopping center at the intersection of San Antonio Road and El Camino Real anchored by Sprouts Farmers Market, is up for sale.

Marcus & Millichap will serve as exclusive adviser for the sale of the 2.8-acre, 34,700-square-foot center, which houses a mix of national retailers and local tenants.


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