You are currently browsing the daily archive for October 21, 2011.

Late Thursday evening, the Senate voted 60-38 to pass an amendment introduced by Senators Robert Menendez (D-NJ) and Johnny Isakson (R-GA). The amendment would restore the FHA and GSE Loan Limits to the levels prior to September 30.

The amendment is included in the Treasury, Housing and Urban Development Appropriations bill that also passed the Senate. While this is a victory for REALTORS®, this amendment has a long way to go to be approved in the House or during a conference between the House and Senate.

REALTOR® and affiliate members of the Silicon Valley Association of REALTORS® will hold their annual Economic Seminar and General Membership Meeting on Thursday, Nov. 3, from 2 to 5 p.m. at the Computer History Museum, 1401 North Shoreline Blvd. in Mountain View. Dr. Robert Kleinhenz, California Association of REALTORS® Deputy Chief Economist, will be the guest speaker and give members information on “What’s Ahead for Our Real Estate Market.”

Dr. Kleinhenz manages C.A.R.’s research and economics department, which gathers and publishes information on the California housing market, and conducts survey research of consumers and C.A.R. members. He has a Doctorate in Economics from the University of Southern California and regularly speaks to local, state and national audiences.

Silicon Valley REALTORS® are looking forward to having Dr. Kleinhenz highlight national, statewide and local real estate issues that are shaping our market environment today. This is a member only event.

 

District Chair Doug Evans is pictured here with Debbie Burkholder, assistant director of the Lucile Packard Foundation Children’s Fund.

SILVAR’s Los Gatos/Saratoga District presented $2,000 to the Lucile Packard Foundation for Children’s Health at the district’s tour meeting on Wednesday. District Chair Doug Evans presented the donation to Debbie Burkholder, assistant director of the Lucile Packard Foundation Children’s Fund.

The Lucile Packard Foundation for Children’s Health works in alignment with Lucile Packard Children’s Hospital and the child health programs of Stanford University. The donation from the district is earmarked to support research in Ewing sarcoma, a malignant bone tumor that affects children.

Ewing sarcoma as a devastating cancer that can occur any time during childhood and young adulthood, but usually develops during puberty, when bones are growing rapidly. This type of cancer usually strikes between the ages of 10 and 20, and occurs more frequently among male teen-agers.

The donation is part of the proceeds from the Los Gatos/Saratoga District Charity Golf Tournament, held in July at the Cinnabar Hills Golf Club in San Jose. The event raised $7,000 for charity. The remainder of the proceeds will be presented by the district to the following local non-profit groups at its upcoming tour meetings: Los Gatos Education Foundation, $2,000; Los Gatos Community Foundation, $1,500; Los Gatos Public Library, $1,000; and Operation Reindeer, $500.

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