Real Estatin' the Facts

Transitional Bedroom by San Francisco Media & Bloggers Nanette Wong 7-Day Plan: Get a Spotless, Beautifully Organized Bedroom Higher prices choke housing, rental crisis, first time homeowners becoming first time landlords, questions on the state of mortgage lending, new projects in Morgan Hill and Gilroy, Bay Area luxury homes, entry ways. Enjoy. 

Other Life Lessons From 10 Years of Living in 84 Square Feet 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. 

1818 The Alameda, San Jose, CA  - Eugene Zelenko Whole Foods coming to The Alameda, turnkey homes, Silicon Valley mortgages mapped, how to pay your mortgage down, apps that challenge kids to solve environmental issues, creative window treatments. Enjoy.

By Tomincal (Own work) [ CC-BY-SA-3.0 ], via Wikimedia Commons Filoli  - Country House set inWoodside, CA Luxury markets, urban villages, efficient office spaces, and in need of 25-34 year old home buyers. Oh, also snow in Big Sur (thank you for that news) and a new gallery find for me.

Silicon Valley, San Jose, Santa Clara, Peninsula, Collage Skyline - found on Etsy The overall themes today are commercial real estate, job growth, and work-life lifestyle of the Silicon Valley, which directly impacts residential real estate. 

Great Blue Heron Flying Above Reflection In Water Top 10 Markets by Equity Appreciation since 4th Quarter 2010. Hint, San Jose did well, which is a great segueway into f our million more homeowners now 'above water'   and housing affordability spiking this year . Another layer affecting affordability is the increase in interest rates as suggested by Janet Yellen in her first press conference. 

House on Scale by Images Money A lot of my buyers have been feeling the pinch of rising rental prices.  Absorption rates for rental apartments have been generally rising since late 2008 as rental demand increased as a result of the housing downturn.  If you're curious, interest rates will have to hit 5.4% in San Jose for it to not make sense to buy if you're still on the fence of renting vs buying .   Despite recent volatility in consumer attitudes, housing recovery expected to press on - notably, home price expectations climbed significantly in February – with 50 percent saying home prices will go up in the next year.