Transactions for the week of May 1

Los Altos

1436 Brookmill Road, Federici Trust to S. & C. Kim for $2,840,000

1161 Lammy Place, Wilson-Chang Trust to Marshall Trust for $3,500,000

All of the pros and cons of investing in TIPS

Among all the different types of investments available these days, U.S. Treasury securities – and funds investing in them – are the only ones considered risk-free. An allocation to Treasuries helps mitigate overall risk. But there are two different types: Treasury notes/bonds and Treasury Inflation-Protected Securities (TIPS). Which should you use?

TIPS and Treasury notes/bonds are issued by the U.S. government in maturities of five, 10 and 30 years (Treasury notes additionally come in two-, three- and seven-year maturities). Both have fixed interest rates that are paid semiannually. The biggest difference between them is that TIPS provide protection against rising inflation. This is accomplished by annually adjusting the principal of a TIPS bond based on changes in the Consumer Price Index for All Urban Consumers (CPI-U).

Los Altos Farmers' Market, special events return Thursday

Los Altos Farmers’ Market
Town Crier File Photo
The Los Altos Farmers’ Market returns to State Street on Thursday.

The Los Altos Farmers’ Market is slated to return 4-8 p.m. Thursday along State Street in the downtown triangle.

To kick off the season, the market will host a variety of activities for both children and adults, including kids crafts, sangria tasting, live music and a $100 market basket raffle. A ribbon cutting is set for 5 p.m. to officially open the market for the 2019 season.

Derby all day, party all night

Vickie Breslin
Megan V. Winslow/Town Crier
The Post owner Vickie Breslin is set to celebrate her restaurant’s first anniversary Saturday with a Kentucky Derby party. She renovated the space at 395 Main St., taking care to honor the site’s historical roots.

Emerging from her office in the back of The Post restaurant on Main Street in Los Altos, Vickie Breslin apologizes for her outfit, lamenting the state of her ripped jeans. Everyone knows her for them anyway, but she hadn’t thought of being photographed.

Breslin settles into a wooden chair at a table toward the front of the entryway and smiles as she opens her phone. She admits she was just looking for her outfit, floppy and outrageous hat included, for The Post’s first anniversary party, scheduled 2 p.m. Saturday and open to all, with Derby post time at 3:30 p.m.

Transactions for the week of April 24

Los Altos

594 Benvenue Avenue, Rochman Family Trust to L. & L. Gao for $3,605,000

1650 Crestview Drive, Wang Family Trust to J. & U. Har for $5,500,000

Frequently asked question: What's my house worth?

The most frequently asked question I get after “So, how’s the market?” is “How much is my house worth?” Unfortunately, as much as we would all like to think there is some intrinsic value as to what something is worth, it just isn’t true – especially in real estate.

Following are answers to a few questions that will help you determine the value of your house.

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