FRIDAY - happy early birthday CA
- What to Know About Adding a Deck
- Silicon Valley home sales keep going up despite sharp drop in listings
- Are we headed for another housing collapse?
- Investors grab Sunnyvale building in Google area of interest
- The first house these Bay Area residents purchased wasn’t in the Bay Area
- Investing In Real Estate: Aesthetics Count
- Supply and demand
- 8 Small Spaces Where Paint Can Make a Big Impact
Enjoy!
Silicon Valley home sales keep going up despite sharp drop in listings - Yesterday’s monthly report from the CoreLogic real estate information service showed July sales down across the Bay Area, but up 13.0 percent in Santa Clara County from the year before. That was despite the fact that inventory in the county has been down about 30 percent from the same period in 2016. So how are sales increasing?
Are we headed for another housing collapse? - While trends diverge profoundly from place to place — for all sorts of economic, geographical and lifestyle reasons — a good many of the nation’s metropolitan locales have experienced record appreciation. Coupled with inventory that is 9 percent lower than it was in 2016 and income that has not kept up with prices, the natural post-recession question arises.
Investors grab Sunnyvale building in Google area of interest - In Silicon Valley, nearly 300 older research buildings totaling 16 million square feet have been demolished and replaced with multi-story office buildings, residential complexes or mixed-use projects during the last six years, according to CB Capital Markets.One of the motives for the surge in building renovations is companies can dangle attractive new offices in front of prospective employees as a way to recruit tech workers.
The first house these Bay Area residents purchased wasn’t in the Bay Area - About 35 percent of homes in the county of San Francisco are occupied by their owners, according to census data, compared to 54 percent nationally. If you've ever perused Bay Area housing prices, you can probably guess a major contributing factor to the disparity.
Investing In Real Estate: Aesthetics Count - Across the United States, property owners are finding ways of improving their home values by performing a myriad of activities. Various home improvement tips have been suggested by experts, including routine maintenance work, landscaping, plumbing, roofing, budget-friendly tips for DIY work, and remodelling, etc. Home-improvement can add substantial value to a property, by making it more appealing, ergonomic, and attractive to buyers. By improving their surroundings, homeowners can upgrade their property’s value, and live in a milieu that is tailored to their preferences.
Supply and demand - the best model of a housing market is one that encourages homeownership; a market that incentivizes, rather than punishes, property owners to offer affordable housing; and a market that breeds prosperity at every socioeconomic level. These noble goals are achievable when we establish a market that protects renters without unduly burdening property owners.
8 Small Spaces Where Paint Can Make a Big Impact - Don't forget about these little areas in your home. They might be just the right place to start a home design project. Some of my faves:
