Business & Real Estate

Megan V. Winslow/Town Crier
Los Altos business owners and employees received letters in the fall warning of a possible rate hike for the annual parking permit. Economic development coordinator Anthony Carnesecca said last week that an increase will not take effect anytime soon.

City of Los Altos economic development coordinator Anthony Carnesecca in October teased two possible changes to the coming year’s downtown employee parking permit: a shift in the permit cycle to reflect the calendar year and a more than doubling of the annual renewal rate. As of this month, it’s official that only the first option will be enacted for now.

For those dreading a jump of $37 to $100 for a 2020-2021 parking permit comes good news – because of the Los Altos City Council’s overflowing agendas, the fee schedule was not on the docket for review before the close of the year. At the earliest, the increase would take effect in 2021.

Frequent readers of the Town Crier know that I do not believe anyone can predict the future. So it might come as a surprise that, based on the headline for this column, I appear to be doing just that. Well, I’m not. I’m just sharing some historical data to put business cycles in perspective and to reassure you that the next recession might not be especially protracted.

Los Altos

154 Bridgton Court, Cook Trust to Delazerda Trust for $6,000,500

148 Doud Drive, Armstrong Trust to Poltrack Family Trust for $2,812,500

Courtesy of Pixabay
A national consumer survey conducted by Experian reveals that approximately 75% of consumers are motivated to improve their finances by making adjustments to their spending and paying off credit card debt.

At the same time Americans are feeling the financial pinch of the holidays, they’re gearing up for 2020, with their top two goals being to save more and increase their credit scores, according to a national consumer survey by Experian.

Nearly three out of four consumers surveyed are motivated to improve their finances. To reach their goals, survey respondents said they would spend less money to improve their credit score (59%) and pay off credit card debt (58%).

Courtesy of Pixabay

Personal branding has become an effective and powerful way to differentiate yourself in a constant, noisy world.

As a consumer, we all know about corporate branding. That’s when companies invest monies to make their brands known.

Los Altos

646 Almond Avenue, Ethier Trust to H. & K. Man for $2,550,000

1290 Golden Way, Foruria Trust to Huang Trust for $2,500,000

495 Knoll Drive, Anderson Trust to S. & M. Subramanian for $3,150,000

460 Lassen Street No. 7, L. Guh-Siesel to Guh-Siesel Trust for $549,000

1248 Stanwirth Court, Kostina Trust to A. & W. Li for $3,200,000

73 Third Street No. 15, J. Huang to Q. & X. Mei for $1,689,000

487 Tyndall Street No. 5, R. Parks to C. Labaron for $920,000

475 University Avenue, Powell Trust to L. Cha for $4,200,000

Los Altos Hills

23100 Encinal Court, Opdendyk Trust to J. & B. Catanzaro for $4,750,000

24595 Voorhees Drive, Gm Trust to R. & R. Prabhu for $5,850,000

Mountain View

1909 Aberdeen Lane, H. Chow to H. & Y. Zhang for $1,425,000

117 Avellino Way, E. Johnson to M. & J. Lim for $1,625,000

831 E. Dana Street, Alire Trust to Suddjian Trust for $1,964,500

2268 Mora Place, Lennar Homes to X. Yan for $1,696,000

212 S. Rengstorff Avenue, C. Guerrero to Q. & S. Hu for $952,000

434 Rhone Court, Flyhomes Investments CA LLC to Q. Yang for $1,570,00

617 Rockcress Terrace, Xiao Trust to J. & C. Xu for $1,750,000

910 San Marcos Circle, Ferrigno Trust to D. & O. Maksymets for $1,780,000

240 Sleeper Avenue, H. & K. Alam to Chen Trust for $3,020,000

868 Tulane Court, Mintz Trust to Y. & M. Fischer for $2,260,000

1881 Walnut Drive, M. & D. Myjer to Y. & Z. Xie for $2,670,000

Cupertino

20852 Cherryland Drive, Cherryland LLC to Jin-Piao Trust for $3,740,000

18450 Farmingham Way, Chen-Huang Family Trust to A. & N. Kabe for $2,549,000

10102 Firwood Drive, Dobashi Trust to T. & B. Song for $1,325,000

10360 Moretti Drive, J. & C. Chan to A. & A. Bhardwaj for $1,570,000

18811 Newsom Avenue, D. Lagunas to Sf19G LLC for $1,500,000

22865 Poplar Grove Square, L. Yu to A. & P. Das for $1,315,000

Overall

Los Altos

Total sales: 8

Lowest sale: $549,000

Highest sale: $4,200,000

Average sale: $2,344,800

Los Altos Hills

Total sales: 2

Lowest sale: $4,750,000

Highest sale: $5,850,000

Average sale: $5,300,000

Mountain View

Total sales: 11

Lowest sale: $952,000

Highest sale: $3,020,000

Average sale: $1,883,000

Cupertino

Total sales: 6

Lowest sale: $1,315,000

Highest sale: $3,740,000

Average sale: $1,999,800

– Cal REsource