inside

Greetings
R. Brendan Leary

The "Market"
R.Brendan Leary

The Year in Review
Duncan Stone & Jaime Stoeckle

2005 Transactions
The Team

cover photos

top left
Jean & Brendan — Top 1% Sales Award Vacation in Kona, Hawaii

top center
Mia & Duncan — San Francisco

top right
Jaime & Distant Relatives — San Francisco

center
Jean & Brendan — Sequoia National Forest
R.BRENDAN
LEARY



Top 1% of
Coldwell Banker Internationally

#1 Agent In CB Palo Alto Offices
1997, 1998, 1999, 2001, 2002, 2004, 2005


Visit Brendan's Web Site
brendanleary.com

















Greetings at the end of the year! As for all, last January seems a very long time ago. Both Jean and I are looking forward to a peaceful December.

At home, to quote our friends Jed and Cindy Anderson, “we are on auto pilot.” The garden at Santa Cruz is almost fi nished, with the addition of 250 plugs of native grass to be installed this December. I may even get my hands dirty helping Jean plant! The remodel at our home in Los Altos is complete. We really appreciate having a dining room table again after 6 months of morning coffee and evening dinners on TV trays in my offi ce. Jean is now working on a redesign of the front garden featuring even more ornamental grasses as well as a steel sculpture and a fountain.

Jean’s weightlifting continues to be a great pleasure and improves daily. She even has me working with her coach, John Nguyen. I am learning the clean and jerk and eventually the snatch to add power, speed and fl exibility to my training.

Our travels this year surrounded mostly athletics or business – Las Vegas (Las Vegas Open for Jean and Rage in the Sage triathlon for RBL), Kansas City (Triathlon Nationals and a visit to Jean’s family), Lake of the Ozarks (Swanson family reunion) and Hawaii (World Triathlon Championships and CB top 1% trip). I have become serious, maybe too much, with the triathlon. My highlight was representing Team USA at the International Triathlon World Championships last September, a ‘pinch-me’ experience. Both Jean and I have our sights set on a number of competitive events next year. I am hoping to make the US Team again to go to Switzerland for the World Championships in September.

Real Estate: one word – “good.” The market is solid. I love the people: Duncan, Jaime and the clients. Absolute fun! Wishing the best to all of you!

All good things,

RBL



Photos From top left
Brendan — March of the Nations, World Championships, Oahu, Hawaii
Duncan — Kayaking, Monterey Bay
Jaime — Managing the Sharks Game Entertainment

Photos From bottom left
Brendan — Run Portion, World Triathlon Championships
Jean — “Always Lifting”, Mauna Kea
Jean, Brendan & Ziggy Dog — Thanksgiving at Big Sur


The Market Brendan
Believe the Newspapers or Believe the Market Even I have read so much doom and gloom, the "bubble"' will burst, that I started believing what the newspapers predict instead of what I experience every day. I am going to continue to believe the actual market.

In our practice many segments remain healthy and some have returned. The fi rst-time buyer, step up buyers and step out (retire) sellers are steady. Most importantly, there is new employment - our corporate clients are hiring. The relocation market has returned with great vigor. To satisfy the clients' needs we still do not have enough well-priced inventory. Sound familiar? The volume of transactions is about the same as last year and there is still price pressure. 2006 looks to be steady and fundamentally sound.

Other things to note: the fed is about done with rate increases (maybe two more), oil costs are dropping, US investment fundamentals are improving and liquidity is growing - as a result the S&P 500, NASDAQ, Nikkei and gold are all very strong. There is every indication this rally will continue. Watch the markets - not the newspapers.

R. Brendan Leary



The Year In Review Duncan
Wow, thinking back through the year it is amazing that there was enough time to get everything done. 2005 was another stellar year.

Business with Brendan and the team again was both intellectually stimulating and exciting. Our clients are the best. It was a shame to lose Cathy in her supporting role as she went off to be a new parent. The silver lining was fi nding Jaime, who has been a tremendous addition to the group.

Mia and I continue our lightning-fast exploration of the USA with vigor. The highlights this year were the New Orleans Jazz Festival (Aaron Neville singing gospel … what a voice), catching up with an old friend in Chicago (amazing city … the food … the architecture) and seeing a little of New England with a trip to Boston and Cape Cod.

Mia had a big change this year, jumping from the large corporate law fi rm world of Simpson Thatcher & Bartlett to an amazing opportunity at Creative Commons, a non-profi t started by Lawrence Lessig, one of her Stanford professors. To quote from their website (www.creativecommons.org): "We offer a fl exible range of protections and freedoms for authors and artists. We have built upon the 'all rights reserved' of traditional copyright to create a voluntary 'some rights reserved' copyright." I prefer to say that Mia is saving the world, one copyright license at a time. It is an exciting and challenging job that has even taken her to Geneva for a presentation to the World Intellectual Property Organization, the Intellectual Property arm of the United Nations.

On the athletic front I had a great year becoming a more enthusiastic endurance runner. Mia and I ran our fi rst half marathon together in November and have another planned for February. I have fi gured out that the 10k distance is much more to my liking with a 6th place overall in the San Francisco Coastal Trail Run in June being my high point.

Best wishes to you in the holiday season, and thank you for your continued support.

Duncan Stone


The Year In Review Jaime
I got my Real Estate license in September. While studying for my license, I was also planning my 10-year High School Reunion from Santa Teresa in San Jose! We had a Casino Night at the Coyote Creek Golf Course in Morgan Hill. As some of you may know, I used to be the Event Presentation Manager for the San Jose Sharks before joining Team Leary.

For this year's hockey season, I've enjoyed watching most of the Sharks games as a fan, but I'm also still a part-time entertainment consultant for them. I really enjoy visiting former co-workers, as well as continuing to be involved with the team.

I've spent a lot of time in Southern California with my brother's family this year and plan to be there for Christmas as well. We've been to Disneyland a few times, and I also helped them move into their new home. My brother and his wife are expecting their fi rst child in January, so I can't wait for my new niece to arrive! I'm also planning a snowboarding trip to Tahoe over New Years with friends.

I hope everyone has a safe and happy holiday season. I can't believe I've already been here for nine months! It's been a great ride thus far, and I'm looking forward to 2006!

Jaime Stoeckle


R.BRENDAN
LEARY


phone: 650 207 2100
email:
web: www.brendanleary.com





Top 1% of Coldwell Banker Internationally
#1 Agent in CB Palo Alto Offices 1997, 1998, 1999, 2001, 2002, 2004, 2005 YTD
2005 Transactions | Year to Date 2005

1220 Pitman Avenue | Palo Alto

1874 Park Boulevard | Palo Alto

1160 Bryant Street | Palo Alto

2195 Amherst Street | Palo Alto

918 Cowper Street | Palo Alto

4176 Donald Drive | Palo Alto

880 Forest Avenue | Palo Alto

267 Santa Rita Avenue | Palo Alto

2349 Dartmouth Street | Palo Alto

816 Sutter Avenue | Palo Alto

712 Coastland Drive | Palo Alto

236 Churchill Avenue | Palo Alto

940 Elsinore Drive | Palo Alto

353 Melville Avenue | Palo Alto

740 Los Trancos Road | Palo Alto

4164 Thain Way | Palo Alto

440 Santa Rita Avenue | Menlo Park

1140 Cloud Avenue | Menlo Park

176 Seminary Drive | Menlo Park

803 18th Avenue | Menlo Park

271 De Anza Lane | Los Altos

1485 Oakhurst Avenue | Los Altos

74 Sevilla Drive | Los Altos

2 Leon Way | Atherton

54 Maple Avenue | Atherton

42 Ridge View Drive | Atherton

50 Black Fox Way | Redwood City

162 Rutherford Avenue | Redwood City

1016 Valota Road | Redwood City

954 Bellomo Avenue | Sunnyvale

1160 Shenandoah Drive | Sunnyvale

509 Sierra Vista Avenue #9 | Mountain View

938 Clark Avenue #47 | Mountain View

1140 Carlos Privada | Mountain View

1234 Isabelle Avenue | Mountain View

2080 Marich Way #16 | Mountain View

150 N Balsamina Way | Portola Valley

1094 Hewitt Drive | San Carlos

1617 Belmont Avenue | San Carlos

1348 Mildred Avenue | San Jose

19874 Park Drive | Saratoga

20 Big Pine Road | Woodside

104 Whitney Avenue | Los Gatos