Keller Williams prepares to officially open Main Street location in downtown Los Altos


Megan V. Winslow/Town Crier
Keller Williams Bay Area Estates recently moved into a suite at 400 Main St. in Los Altos, above. While staff from the Residential Sales department have been working out of the space since November, the grand opening will likely take place in late February or early March to allow for further preparation.

Keller Williams Realty plans to ring in 2019 with two new office openings – one in Los Altos – and largely credits its expansion to success with its previously established Bay Area locations.

KW opened its first Bay Area Estates location in Los Gatos in 2013, finding it was the ideal site to launch the brand, according to KW communications manager Bryon Zapf.

Mountain View Starbucks on Cuesta closes permanently after business evaluation


Megan V. Winslow/Town Crier
The storefront at 809 Cuesta Drive in Mountain View, former home to Starbucks, indicates its vacancy, with black bags taped to the door and windows just days after its closure. A sign posted in the window around Christmas announced that the coffee shop would shutter permanently by the end of the year. A Starbucks spokeswoman said the decision was the result of a “continual evaluation.”

A note taped to the door of the Starbucks at 809 Cuesta Drive in Mountain View may have been missed by some, but it caught the eye of one regular on Christmas Day, who posted on Nextdoor what was written on that piece paper: The store would be closed by the year’s end.

“On Dec. 30, this store will be closing permanently,” the sign stated, signed “The Miramonte & Cuesta Team.” “Store hours for Dec. 30 will be 6:30 a.m. to 12 p.m. Thank you for everything!”

Why this year could be better for stocks

The U.S. stock market did not have a happy holiday. The Standard & Poor’s 500 was down approximately 12 percent for the fourth quarter of 2018, and the large market drop the day before Christmas, ordinarily a quiet trading session, was record-breaking.

Yet the news during this period was mixed. On the negative side, there was the ongoing trade war with China, another Federal Reserve interest rate increase, the government shutdown and executive branch instability, and greater uncertainty around the UK exit from the European Union. On the positive side, corporate profits remained strong (bolstered by the largest corporate tax cut in history), the Conference Board’s leading economic indicators pointed to further growth and consumer spending during the holidays set another record.

Real estate transactions for the week of Jan. 16

Los Altos

1898 Robles Ranch Road, Horowitz Family Trust to Y. & A. Stolyar for $3,300,000

670 Arrowood Court, Siegel Family Trust to A. Koinov for $3,850,000

Moving your 401(k)to an IRA

It is a new chapter and new year, usually with resolutions. One of them could be that you have had enough of your current job, boss and colleagues and want to move to newer pastures.

But what about your company 401(k), where you have diligently stashed away $19,000 every year if you are under 50 years old, or $25,000 if you are over 50? Should you keep it at your employer or move it to a self-managed or adviser-managed IRA?

DeMartini Orchard partners with autonomous delivery service


Courtesy of DeMartini Orchard
An AutoX delivery car sits beside one of DeMartini Orchard’s original delivery trucks, now replaced by AutoX’s new technology. AutoX is the first fully autonomous restaurant food and grocery delivery in the Bay Area.

Los Altos’ DeMartini Orchard receives a handful of orders each week through the San Jose-based delivery service app AutoX, a small but steady start to expanding the market’s reach and bringing it into the modern age.


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