On the Market: How water damage impacts property values

It seems a bit odd to be talking about water in the middle of summer, when we rarely see a drop of rain. But water damage is an important factor when selling a house. Following are frequently asked questions about how water and related issues may affect your home’s value.

Downtown businesses provide meals, clothing to wildfire evacuees

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Eric He/Town Crier
The back dining room at The Post in downtown Los Altos has been converted into a hub for evacuees from area wildfires to come and collect donations that include clothing, sleeping bags and toys.

A local teacher. A family of eight, ranging from less than a year old to 80 years old. A retired elderly woman living by herself. These were a few examples of evacuees from wildfires that have raged across the Bay Area the past couple of weeks who stopped by The Post in Los Altos Sunday to pick up necessities donated by local downtown businesses.

Local real estate agent rebrands amid pandemic uncertainty

Alex Wang, a local real estate agent who recently launched a new brand, wondered whether he should continue with moving into an office space in downtown Los Altos.

He had signed a lease prior to COVID-19. He wound up moving, using a door from Home Depot propped up by two file cabinets as a makeshift desk.

Longtime downtown Los Altos florist set to close up shop next month

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Bruce Barton/Town Crier
Brian Davino, owner of Davino Florist in downtown Los Altos, is preparing to shutter his Main Street shop Sept. 19 after 29 years in business.

Los Altos-based florist Brian Davino is closing his downtown shop and retiring after 29 years in the business, a decision propelled by the COVID-19 pandemic and its impacts on the retail industry.

Transactions for the week of August 26

Los Altos

306 Alta Vista Avenue, Jane Trust to Maraqa-Song Trust for $6,800,000
186 Covington Road, Viso Trust to V. & W. Zhang for $6,820,000
146 Giffin Road, J. Paviidis to H. & S. Jueng for $2,350,000
1200 Heritage Court, Band Trust to W. & D. Cai for $3,000,000
693 Hollingsworth Drive, W. Zhang to H. & X. Liu for $2,438,000
181 Lyell Street, I. Elevation to L. & T. Anderson for $4,800,000
900 Odell Way, Fogarty Family Trust to M. Oikarinen for $2,500,000
621 Parma Way, J. Tolomeo to Lee Trust for $3,200,000
1554 Plateau Avenue, Tiop Inc. to R. & S. Pamulaparthi for $3,400,000
1209 Portland Avenue, 1209 Portland LLC to R. & S. Lakshman for $4,625,000
441 San Domingo Way, Osborne Trust to Chen Trust for $3,575,000
496 Sequoia Way, McClintock Family Trust to S. & S. Paranjpye for $4,800,000
1252 Thurston Avenue, Pearl Family Trust to Y. & X. Li for $3,688,000
1265 Thurston Avenue, Tessone Family Trust to M. Fong for $3,650,000

Nest Egg Briefs: Is the stock market overly concentrated today?

If you owned shares of Apple, Microsoft, Amazon and Google stock at the beginning of this year, you would have been holding the four most valuable stocks in the entire U.S. stock market, based on market capitalization – the stock’s price times the number of shares outstanding. Facebook clocked in at No. 6.


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