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Showing posts with the label Real Estate Market Updates

Silicon Valley Real Estate Market Update 5-25-2023

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  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends.  Biden confident about reaching debt ceiling deal   With negotiators continuing to discuss the debt ceiling, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., have struck an upbeat tone. Biden said he was "confident" the country will avoid default. Full Story:  The Associated Press  (5/17)  Loss of mobile home parks adds to affordability crisis   Across the U.S., mobile home parks are being razed to make room for costlier developments, displacing many working families. "Mobile homes are a much bigger part of our affordable housing stock than people know," said Mark Stapp of Arizona State University. Full Story:  The Associated Press  (5/21)  Features that increase your home’s value by up to $17k?  If you are putting your house on the market, you want to have the best advantage for not only selling it but getting the most you can. There are a fe

Silicon Valley Real Estate Market Update 5-18-2023

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  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends.    IMF warns of 'serious repercussions' of U.S. default  The U.S. and global economies will experience "very serious repercussions" if the U.S. defaults on debt, according to the International Monetary Fund. "For that reason, we again are calling on all of the parties to come together, reach consensus and resolve the matter as quickly as possible," IMF spokesperson Julie Kozack says. Full Story:  Reuters  (5/11)  Yellen to meet top bankers to discuss debt ceiling  Treasury Secretary Janet Yellen plans to meet Bank Policy Institute board members, including Citigroup CEO Jane Fraser and JPMorgan Chase CEO Jamie Dimon, for talks on the the current debt ceiling situation, with the possibility of a government default on its debts looming closer. Meanwhile, a key meeting on the issue between President Joe Biden and congressional leaders, scheduled for toda

Silicon Valley Real Estate Market Update 4-20-2023

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  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Where homeowners pay the lowest, highest property taxes  Real estate taxes have been on the rise over the last few years. Help home buyers avoid the sticker shock. Full Story:  REALTOR® Magazine  (4/14)  Mortgage rates move closer to 'sweet spot' for buyers   As NAR economists predict a fall below 6% by year's end, new data reveals the rate threshold at which the market would likely be flooded with buyers. Full Story:  REALTOR® Magazine  (4/14)  Federal agencies told to get more employees in the office   The White House Office of Management and Budget is directing federal agencies to revise workforce plans so there is an increase of in-person employees at offices. "The guidance we are releasing today directs agencies to refresh their Work Environment plans and policies, with the general expectation that agency headquarters will continue to substantially increas