Friday, February 5, 2016

FRIDAY - curious asides


- Bay Area real estate: Coldwell Banker exec predicts upbeat 2016 market
- Home Equity Increases in 2015
- Cupertino group submits signatures for growth-control measure, with sights on Vallco redevelopment
- Yelp not moving into Palo Alto's College Terrace Centre
- Photo Flip: 80 Stairways to Style Heaven

Enjoy!

Bay Area real estate: Coldwell Banker exec predicts upbeat 2016 market - Mike James is president of the Bay Area and Hawaii regions for Coldwell Banker, the real estate brokerage that was founded in San Francisco in 1906, in the aftermath of the great earthquake. We decided to ask James what's happening in Bay Area real estate in 2016.

Home Equity Increases in 2015 - By the end of 2015, about 6.4 million homes – or 11.5 percent of all properties with a mortgage -- were considered “seriously underwater” – in which the loan amount is at least 25 percent higher than the property’s estimated market value. That marks half the 12.8 million –or 28.6 percent of all properties – of seriously underwater properties in the peak of the second quarter of 2012, RealtyTrac reports.

Cupertino group submits signatures for growth-control measure, with sights on Vallco redevelopment - A grassroots Cupertino group announced on Tuesday that its members had collected enough signatures to place a measure on the ballot that would restrict some new developments in the city of Cupertino — including Sand Hill Property Co.'s multibillion-dollar redevelopment of the largely vacant Vallco Shopping Mall.

Yelp not moving into Palo Alto's College Terrace Centre - "Yelp decided to expand in Chicago instead of the oft-delayed Palo Alto location and reached an agreement with the landlord to vacate the lease and make it available to another tenant," Sollitto wrote in an email. "Yelp has since expanded in Chicago."

Photo Flip: 80 Stairways to Style Heaven - Step on up and peruse this collection of spectacular staircases. Some of my favorites:



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