FRIDAY - BRING THE RAIN
- 9 Questions to Ask a Home Remodeler Before You Meet
- 200,000 housing units in Bay Area pipeline. Is it enough to move the needle?
- Tesla Motors spawns an automotive ecosystem
- Why would a Chinese tech company buy a $16 million Morgan Hill golf course?
- Why Bitcoin may be superior to cash for sellers of real property
- Where Millennials Live: Redfin Breaks Down Key Attributes of Neighborhoods Where the Young and Educated Cluster
- New HUD Secretary outlines his vision for last years of Obama Administration
- 12 Ways to Get a Luxe Bathroom Look for Less
Enjoy!
200,000 housing units in Bay Area pipeline. Is it enough to move the needle? - "Right now it's an unprecedented time where both markets are extremely hot." Not surprisingly, most of the activity is in San Francisco's SoMa, Mid-Market and in San Jose. Very little is in places such as Oakland and the Peninsula, because of the difficulty of finding sites or securing financing in those locations.
Tesla Motors spawns an automotive ecosystem - Fremont is transforming its image, from commuter suburb to dynamic hub of advanced manufacturing. Tesla is the corporate anchor of Fremont's "Warm Springs Innovation District," which aims to transform 850 acres near the factory into a vibrant employment and housing center with as many as 4,000 housing units and 12,000 jobs, as well as shopping and entertainment, restaurants, hotel and convention facilities, and parks and open space. And it will be near the Warm Springs/South Fremont BART station, which opens next year.
Why would a Chinese tech company buy a $16 million Morgan Hill golf course? - Chinese investment in U.S. golf courses is becoming something of a trend, according to anL.A. Times story in April. For one thing, golf is increasingly popular in China, spurring development of luxe courses there, Bloomberg reported in April. At the same time, Chinese investors are seeking to park money in U.S. assets, and golf courses are trading at low prices thanks to a glut of building in recent decades.
Why Bitcoin may be superior to cash for sellers of real property - By using bitcoin, however, the parties to a transaction can avoid delays and privacy issues common to cash transfers using traditional banking transfer systems. Bitcoin is pseudo-anonymous, which means that the actual identity of the parties who send bitcoins to each other is not publicly disclosed. In a bitcoin transaction, there is no need for a third-party intermediary to collect any information to send the transfer because the transfer is “peer to peer,” or direct between the transacting parties. Finally, the transaction is virtually instantaneous and may be conducted 24 hours a day, 7 days a week between any two points in the world where an internet connection is available. So while cash may be fast, unless it is cash on hand, bitcoin is faster.
Where Millennials Live: Redfin Breaks Down Key Attributes of Neighborhoods Where the Young and Educated Cluster - Over the past year, all the growth in net household formations has been among renters, according to the U.S. Census. Younger Americans—millennials—are slowly starting to move out from their parents' homes, where a record number of them have been living for the past few years. Millennials will spend $1.6 trillion on home purchases and $600 billion on rent over the next five years, more per person than any other generation, with more of them opting for more affordable rents versus paying the big price tags to buy homes.
New HUD Secretary outlines his vision for last years of Obama Administration - “So we’re bringing new life to HUD initiatives that boost access to knowledge and employment. Later this month, we’ll award $75 million to nearly 750 Public Housing Authorities to connect residents with the education and job opportunities they need to build assets and improve their lives,” he said.
12 Ways to Get a Luxe Bathroom Look for Less - Your budget bathroom can have a high-end feel with these tricks for choosing tile, stone, furniture and more. Some of my favorites:
