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The Silicon Valley REALTORS® Charitable Foundation, the charitable arm of the Silicon Valley Association of REALTORS® (SILVAR), presented scholarship awards to 18 graduating seniors from public high schools in Silicon Valley at the end of the 2016-2017 school year. Each recipient received a $1,000 scholarship.

Now on its 18th year, Charitable Foundation’s scholars program recognizes students who have exemplified outstanding achievements in academics, extracurricular/employment activities and community involvement. The selection committee includes representatives from the local business community, area high schools, area colleges and SILVAR.

Students who received scholarships, the schools from which they graduated, and the colleges and universities they plan to attend are: Manasa Gogineni, Cupertino High School (UC Davis); Meryem Esa, Fremont High School (Santa Clara University); Archer Olson, Gunn High School (UC Berkeley); Yu-Ying Chua, Homestead High School (UCLA); Madeleine Gibbons-Shapiro, Leigh High School (Georgetown University); Simge Yildiz, Los Altos High School (UC Davis); Ginger Wang Brown, Los Gatos High School (Cal Poly – San Luis Obispo); Carolyn Zhong, Lynbrook High School (Carnegie Mellon University); Megan McDonnell, Menlo-Atherton High School (Northwestern University); Lucas Chang, Monta Vista High School (Cal Poly – San Luis Obispo); Shayla Joy Tonge, Mountain View High School (Chapman University); Zoe Dellaert, Palo Alto High School (University of Chicago); Aryan D’Rozario, Prospect High School (UC Santa Cruz); Megan Bettencourt, Santa Clara High School (UC Davis); Julie Cai, Saratoga High School (New York University); Ariana Sadar Ghahary, Westmont High School (UC San Diego); Poojita Dasika, Wilcox High School (UCLA); and Rogelio U. Sanchez, Woodside High School (UC Riverside).

“The seniors selected this year are very deserving of recognition not only because of their academic accomplishments, but also for their contributions to their communities,” said Charitable Foundation Scholarship Chair Nina Yamaguchi. “We are happy we are able to assist the deserving winners in the beginning of their college careers.”

The Charitable Foundation thanks the following members who presented the scholarships to the recipients at their respective senior award ceremonies: Chris Alston (Keller Williams), Mark Burns (Referral Realty), Nina Daruwalla (Coldwell Banker Residential Brokerage), Mary Kay Groth (Sereno Group), Penelope Huang (Golden Gate Sotheby’s International Realty), Young Jacob (Intero Real Estate Services), Theresa Loya (Coldwell Banker Residential Brokerage), Bill Moody (Referral Realty), Russell Morris (Coldwell Banker), Moise Nahouraii (Referral Realty), Jose Padilla (Alain Pinel Realtors), Robert Reid (Keller Williams), Mary Tan (Coldwell Banker Residential Brokerage), David Tonna (Alain Pinel Realtors) and Denise Welsh (Alain Pinel Realtors). 

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SEE 2017 SCHOLARSHIP RECIPIENTS HERE

 

 

 

 

Buying property in Silicon Valley makes perfect sense, according to Referral Realty broker Moise Nahouraii. Nahouraii recently showed SILVAR members why.

Nahouraii said in addition to the advantages of historic low mortgage interest rates, low home prices and high rents, property appreciates in Silicon Valley three times more than anywhere else in the state. The top three industries leading the country out of the recession are high tech, energy and medical industries, which all exist in Silicon Valley.

“Land here is gold!” exclaimed Nahouraii.

Additionally, in a survey of Silicon Valley CEOs, 84 percent considered housing as a top problem in the region; 67 percent said the cost of housing was one the most pressing challenges. Majority of respondents want government to approve more affordable housing.

This is the best time to invest in real estate in Silicon Valley because rents are rising because of high demand due to foreclosures, short sales, unemployment, damaged credit, loss of stocks, increased debt, stringent loan qualifications by lenders, lack of down payment for a home, etc. Nahouraii showed bargain properties on the MLS and illustrated how purchasing a single-family home (self-managed) and multi-unit property (self-managed) could generate a positive cash flow for an investor.

“Investment should carry itself because you could lose your job tomorrow. You have the most stability in Silicon Valley than anywhere else,” said Nahouraii.

June 2017
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