Friday, April 28, 2017

FRIDAY - stuffing my eyes with wonder



- 380-Square-Foot Loft Doesn’t Waste an Inch of Space
- Homeownership in the Crosshairs of Latest Tax Plan, Say Realtors
- Rents Rise at Slowest Pace in Five Years
- 1 in 5 Bay Area home buyers are looking to leave: Here’s where they’re going (map)
- Milpitas BART Station to open in December, VTA…
- Amazon expands brick-and-mortar bookstore to Silicon Valley
- What to Look for in a House if You Plan to Age in Place

Enjoy!




Homeownership in the Crosshairs of Latest Tax Plan, Say Realtors - "Tax incentives are at risk in the tax plan released today. Current homeowners could very well see their home’s value plummet and their equity evaporate if tax reform nullifies or eliminates the tax incentives they depend upon, while prospective homebuyers will see that dream pushed further out of reach. As it stands, homeowners already pay between 80 and 90 percent of U.S. federal income tax. Without tax incentives for homeownership, those numbers could rise even further."


Rents Rise at Slowest Pace in Five Years - Rents in the Bay Area have slowed more than any other large metropolitan area over the past year. In San Francisco, rents are down 0.1 percent after appreciating almost 10 percent annually at this time last year. Rents in San Jose were rising at almost 9 percent annually a year ago, but fell 1.1 percent over the past year to a median rent payment of $3,451.Rents in the Bay Area have slowed more than any other large metropolitan area over the past year. In San Francisco, rents are down 0.1 percent after appreciating almost 10 percent annually at this time last year. Rents in San Jose were rising at almost 9 percent annually a year ago, but fell 1.1 percent over the past year to a median rent payment of $3,451.


1 in 5 Bay Area home buyers are looking to leave: Here’s where they’re going (map) - According to new data out from real estate information site Redfin, almost 20 percent of the region's prospective home buyers are eyeing residences outside the region. The San Francisco Bay Area topped the list of places in the U.S. with the largest net outflow, followed by New York and Los Angeles. At the state level, California also came in No. 1 with the largest overall net outflow of residents.


Milpitas BART Station to open in December, VTA - The 10-mile, $2.3 billion Bay Area Rapid Transit Silicon Valley Berryessa Extension project is on track to be completed by December, according to Santa Clara Valley Transportation Authority. Test trains are expected to start running through the Milpitas BART Station this summer.

Amazon expands brick-and-mortar bookstore to Silicon Valley - “The ‘technology meets traditional shopping’ approach of Amazon Books reflects a greater trend towards a new retail strategy that appeals to the tech-savvy and fashion-forward Santana Row customer who appreciates boutique and innovative services,” Jeff Kreshek, senior vice president of west coast leasing for Federal Realty Investment Trust said in a statement posted on LinkedIn Wednesday.

What to Look for in a House if You Plan to Age in Place - Look for details like these when designing or shopping for your forever home. Some of my faves:







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