Friday, March 18, 2016

FRIDAY - cannonball into the weekend


- Fed leaves interest rates unchanged, sees only two hikes in 2016
- High prices a drag on California's housing market
- Report Reveals if It's Better to Own Near Target or Walmart
- Lauded private school plans second Silicon Valley location
- Google buying eight buildings from NetApp in Sunnyvale
- Easy-Living Features That Add Comfort to Your Kitchen

Enjoy!



Fed leaves interest rates unchanged, sees only two hikes in 2016 - Citing a weak global environment and volatile stock market, the Federal Reserve this week held interest rates steady and signaled it will lift them more slowly than previously indicated. In a statement, the Fed said it decided to leave the central bank’s benchmark interest rate in a range of 0.25 to 0.5 percent. The decision was widely expected. Fed Chairwoman Janet Yellen said in a statement that while the U.S. economy has been very resilient in recent months there are still risks at play. The good news is that household spending is growing at moderate rate, and continues to improve.

High prices a drag on California's housing market - The housing market in the region and the rest of the state will continue to be influenced by trends among the two largest generations: baby-boomers and millennials. In simplest terms, the boomers aren’t moving, and the millennials are – out of the state – driven in part by high home prices in California, said Leslie Appleton-Young, chief economist for the California Association of Realtors.

Report Reveals if It's Better to Own Near Target or Walmart - RealtyTrac recently analyzed home values for homes near Walmart and Target to determine which superstore gives homeowner the best returns. The analysis determined that homeowners near a Target have experienced better home value appreciation since their purchase, but also pay more and have higher property taxes on average.

Lauded private school plans second Silicon Valley location - Basis.ed, the much buzzed-about private school operator, is coming to Fremont as it continues to embark on an ambitious expansion in Silicon Valley. The opening later this year of what’s called Basis Independent Fremont comes two years after the company snapped up its first site in San Jose. That site serves upper grades; the new Fremont location will be for students in grades kindergarten through five and “feed” into San Jose, school officials said.

Google buying eight buildings from NetApp in Sunnyvale - Google and NetApp agreed to the $250 million sale on March 9, according to the document filed with the Securities and Exchange Commission on Tuesday. Google is slated to close on the eight buildings in the city's Moffett Park business district on April 12, according to the document.

Easy-Living Features That Add Comfort to Your Kitchen - Remodeling? You can make your kitchen a far more pleasurable place to be. Some of my favorites:




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