FRIDAY. GOOD.
Suburban living, why 2014 is a good year for housing, 6 commercial real estate trends to watch, new homes in Sunnyvale coming, affordability crisis is overblown, and porches - because, I like porches. Enjoy.
Urban Real-Estate Prices Are Booming, but Most People Live in Suburbs - Urban real estate prices increased faster than suburban prices between March of this year and last, according to Trulia. But suburbs continue to outpace cities in population growth, and for good reason — there’s a lot more suburbs than cities, and since it’s easier to build in suburbs, the ‘burbs can add new homes more quickly, holding prices back.
The counterpoint: Here’s why 2014 will be a good year for housing - Data from Realtor.com suggests that an annual growth in inventory and days on the market, coupled with more modest price increases than in years past, speaks to a healthier market in 2014 compared with the early buying season in 2013.
Forget Silicon Valley vs. San Francisco - here are the 6 commercial real estate trends to watch - The year ahead will likely see some blockbuster deals in Silicon Valley despitea relatively slow start to 2014, a panel of commercial real estate experts said at today's SVBJ Business of CRE event. But those industry insiders are closely watching the development climate as cities up and down the Peninsula experience growing pains thanks to the ongoing economic surge.
Watt Companies plans 521 homes for Sunnyvale Spansion campus - Less than three months after buying Spansion Inc.'s campus in Sunnyvale for $60 million, Watt Companies is moving forward with plans to turn the 24.5-acre site into a new residential community.
CoreLogic economist: 3 reasons you should be rationally exuberant on housing - As we enter the spring buying season, talk of bubbles and affordability crisis is overblown, in my opinion. What really matters is good old-fashioned supply and demand. Expect more supply as the virtuous cycle of price appreciation unlocking pent-up supply continues. Expect increasing purchase originations as credit standards relax modestly and help to stimulate more demand.
7 Ideas to Get You Back on the Front Porch - My fascination with porches has not waned. My favorites:
Traditional Porch by Los Angeles Architects & Designers Tim Barber LTD Architecture & Interior Design
