02252017Sat
Last updateTue, 21 Feb 2017 4pm

Silicon Valley home sales and prices accelerate in month of March

California home sales rose in March compared with the previous month and year, posting the highest sales pace in six months.

Tight housing supply and high demand for homes also pushed home prices higher last month, according to the latest report from the California Association of Realtors (CAR). The local picture mirrors that of the state, as the upward trend continues to be driven by strong job growth, the limited supply of housing and high demand for homes in the region.


NowRx: Pharmacy offers home delivery


Megan V. Winslow/Town Crier
NowRx CEO Cary Breese, from left, pharmacist Melissa Bostock, delivery driver Ricky Massie and Chief Technology Officer Sumeet Sheokand pose among the company’s prescription medication inventory at the Mountain View location.

There was a two-week span in early 2015 when Cary Breese spent nearly every night in line at the same CVS pharmacy.

“I’d grab a bunch of items and put them in my hands and stand in line, and then I’d talk to a few people and put them all away again,” Breese said.

Transactions

Los Altos

1346 Arbor Avenue, Arbor Avenue Limited to Khodi Trust for $2,225,000

7 Bay Tree Lane, Carpenter Trust to Wang Trust for $2,650,000

SILVAR recertified as Green Business

The Silicon Valley Association of Realtors met stricter standards for conserving resources, preventing pollution and minimizing waste, enabling the California Bay Area Green Business Program this month to recertified SILVAR as a Bay Area Green Business.

SILVAR promotes the ethical standards of real estate practice, serves as an advocate for homeownership and homeowners, and represents the interests of property owners in Silicon Valley.

MVLA Scholars seeks businesses to provide student internships

Moving beyond helping students succeed on their path to college, MVLA Scholars seeks local businesses to offer internships.

MVLA Scholars, a program of the Los Altos Community Foundation, provides four-year, renewable college scholarships and mentoring to local underserved students. The program’s mission is to help students gain the confidence and determination to succeed in college by offering scholarships, personal mentoring and community support.


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