International Investors “Buying” California

According to a recent survey conducted by the California Association of Realtors, U.S. citizens aren’t the only ones that want to share in the “American Dream”. Even with the rising home prices, California continues to be a hot spot for international investors looking for investments and tax advantages. And, Silicon Valley, with its inventory of high-end properties in cities such as Los Altos, Los Altos Hills, Saratoga, Palo Alto, etc. is a magnet drawing foreign homebuyers and 2/3 of international buyers pay all cash. Click on the link below to read more about this topic.

http://tinyurl.com/mybzxgz

Posted in Bay Area - General, bay area real estate, Buying, California Market Statistics, foreign investment, Los Altos, Los Altos Hills, Palo Alto | Tagged , , , , , , , | Leave a comment

“Big” Star Spotted in Downtown Los Altos

Wearing a baseball cap and sunglasses, a movie legend was almost unrecognizable while visiting Main Street in downtown Los Altos. But, it didn’t take long for a group of girl scouts to realize that the man that had just purchased several boxes of cookies from them was the incredible Tom Hanks! And, once he was “discovered”, the Bay Area native offered his assistance in helping them to sell more cookies. Click on the link below to read more about Tom’s visit.

http://tinyurl.com/pxtrbh9

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Avoiding the “Renter’s Trap”

Protecting yourself from rising rents and locking in your housing cost is just one of the many benefits of owning a home. Recent studies shows that rent increases outgrew salary increases by 4% in the last 5 years and the San Jose metropolitan area has seen an increase of 25.6% in rental costs since 2008! So, continuing to rent puts you at risk of not being able to save for a down payment when you’re ready to buy a home. Click on the link below to read more on this subject.

http://tinyurl.com/plwht5l

Posted in Bay Area - General, bay area real estate, buying vs renting, San Jose, Santa Clara County | Tagged , , , | Leave a comment

Retired Adobe Animal Hospital Vet Reviews Life’s Journey

There was a time when longtime Los Altos veterinarian David Roos was ready to quit the trade, but, fate was having none of it.  Circumstances and sheer luck steered him through his life’s challenges until he opened the Adobe Animal Hospital in downtown Los Altos back in 1964. After devoting 50 years of growing the clinic and helping pets and their owners, David finally hung up his stethoscope and retired last December. Click on the link below to read about David’s incredible journey navigating to his “dream job”.

http://tinyurl.com/qck45h2

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Location Matters!

According to a recent Demand Institute study, nearly 50% of homeowners planned to move sometime in the future, and 75% of those surveyed state their reasons for moving are “location-related”. Click on the link below to read more about this report.

http://tinyurl.com/lp2neu3

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Homeownership is Still the American Dream

For most people, being able to buy a home translate into living the “American Dream” and contrary to what some may say, the younger generation still rate homeownership as a top priority. One of the benefits of owning a home is forced savings. Without the commitment of a monthly mortgage payment, the tendency is to put off savings. But later on, when the house is paid in full, the peace of mind it brings can make the retirement years more relaxing and enjoyable. Click on the link below to read more on this subject.
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Keeping Los Altos a “Village”

With the closing (or inevitable closing) of some long-time establishments in downtown Los Altos, many residents are concerned about the city losing some of its “village” ambiance. A village is a place where people know each other and are familiar with and trust their local merchants. Whenever news break about one of its local stores or shops having to close its doors, residents are quick to rally to their support. But, sometimes it takes more than moral support to keep them afloat. Click on the link below to see what the mayor of Los Altos, Jan Pepper, has to say about retaining the “village” feel for the city.

http://tinyurl.com/odgb589

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