FRIDAY - SOLAR ECLIPSE OF THE HEART
- The new normal for Silicon Valley home buying: 36 days on the market
- Silicon Valley home prices up 19% in last year to median $800,000
- Deja vu all over again?
- Amid controversy over Silicon Valley housing fixes, Mountain View weighs big developer fee hikes
- Relaxed mortgage regs could free up credit
- 10 Ways to Bring Charm to Your Home’s Exterior
Enjoy!
The new normal for Silicon Valley home buying: 36 days on the market - Homes listed in the San Jose and San Francisco metro areas have only been on the market for a median 36 days, which leaves the Bay Area locales tied for the designation of the second-fastest-moving residential real estate markets in the entire country.
Silicon Valley home prices up 19% in last year to median $800,000 - The median price calculated by Redfin is higher than the $750,000 median reported this week by Realtor.com. But both sets of monthly numbers underscore continued pressure on the region's limited housing supply.
Deja vu all over again? - "This time around, there's real money. Many of these companies that are issuing stocks and whose employees have money to buy houses are very viable companies with great cash flow. Before, the money came and went quickly. A lot of companies were startups that didn't have a product they were selling or making any money on it. This is a much stronger market."
Amid controversy over Silicon Valley housing fixes, Mountain View weighs big developer fee hikes - In addition to being the first city in Santa Clara County to green light developer fees on new rental housing, Mountain View has mandated landlord payments to displaced tenants andraised its minimum wage. San Jose and Sunnyvale have also raised wages and continue to deliberate new fees on rental housing, and San Mateo County cities are in the midst of a countywide study to evaluate new developer fees.
Relaxed mortgage regs could free up credit - Banking regulators voted Tuesday to relax mortgage rules meant to prevent risky lending practices, like those that helped spur the economic crisis, while also expanding access to credit for homebuyers.
10 Ways to Bring Charm to Your Home’s Exterior - Give your facade, driveway or garage doors a more appealing look to make a strong first impression. Some of my favorites:
