Friday, January 15, 2016

FRIDAY - brewing coffee and burning candles



- How to Make the Most of Your Entry (No Coat Closet Required)
- 2016 U.S. Housing Predictions
- Apple's San Jose development plan gains steam with planning commission approval
- Facebook’s 10-Mile, $10,000 Solution to Housing and Long Commutes
- Startups, long central to Silicon Valley, crowding into Oakland
- Fannie Mae: Housing market needs incomes to grow
- See Why Tile Is Being Used in More Rooms Than Ever

Enjoy!

2016 U.S. Housing Predictions - Rising home prices may have slowed, but affordability with a dwindling supply of homes is expected to remain a stumbling block for many prospective home buyers in 2016, U.S. housing experts say. Real estate economists expect the U.S. housing market to continue downshifting from a phase fueled by investors and cash buyers to a more stable market with modest home value growth and slightly higher mortgage rates.

Apple's San Jose development plan gains steam with planning commission approval - Apple Inc. is eager to get moving on its North San Jose expansion, a company real estate executive said Wednesday, as the Planning Commission gave an enthusiastic thumbs up to a development deal between the city and the technology juggernaut.

Facebook’s 10-Mile, $10,000 Solution to Housing and Long Commutes - Tech workers who live in San Francisco and commute to work in Silicon Valley have been blamed for driving up rents in the area and causing congestion on local transportation corridors. Facebook is now offering payments of $10,000 and up to workers who relocate to within 10 miles of its main campus. However, there are concerns that residents in nearby communities — East Palo Alto, Menlo Park and Redwood City, for instance — will be threatened by the announcement, as they will find themselves competing for housing with well-paid Facebook workers. The policy may add to tension in the region about the surge in housing prices and the lack of housing available in the area due to the dominant presence of tech companies.

Startups, long central to Silicon Valley, crowding into Oakland - “Oakland has become culturally important in a way that it wasn’t in the dotcom,” said Dan Harvey, vice chairman at CBRE, a commercial real-estate firm. “What we’re seeing is a tremendous move of the restaurateurs, of the artists, of the musicians, of the entertainment scene that was deeply embedded in San Francisco that has made a move east across the bay into Oakland.”

Fannie Mae: Housing market needs incomes to grow - The chief economist of Fannie Mae is warning that housing affordability—or lack thereof—is going to put a damper on the housing market’s growth. A big factor in the strength of the market and the story for housing is very much tied to whether incomes increase, according to Fannie Mae’s analysis. Doug Duncan, chief economist for Fannie Mae, commented, “Our theme for the year is [that] housing affordability constrains as the expansion matures. Both rents and house prices are appreciating at pretty strong levels. And what is required is to see income growth, particularly at the medium and lower income levels.”

See Why Tile Is Being Used in More Rooms Than Ever - Inventive options and durability make tile a good choice for your floors. Here’s how to get it installed. Some of my favorites:




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