Core Companies awaits governor’s signature on bill to start work on Midtown Village residential development in Santa Clara – Silicon Valley Business Journal

The site is already home to 110 occupied single-family-homes, built by SummerHill Homes around 2013, which take up 11 of the property’s 17 acres. Core Companies has proposed adding 165 affordable units for seniors and veterans, 160 market-rate units and 34 townhomes.

Sourced through Scoop.it from: www.bizjournals.com

I would like to see the projected prices/rates on these new homes.  Hoping they are truly affordable to seniors and veterans.

Downtown San Jose | San Pedro Square Market

Welcome to the San Pedro Square Market.

Sourced through Scoop.it from: www.sanpedrosquaremarket.com

We had a great time last year! Mark your calendars now.

As housing inventory goes down in the United States, Silicon Valley sees an increasing number of homes on the market – Silicon Valley Business Journal

In the third-quarter in the San Jose metro area, median listing prices for homes in the bottom, middle and top-third of the market were $631,000, $946,000 and $1.85 million, respectively. Those prices represent year-over-year increases of 9.8 percent, 8.7 percent and 3.5 percent.

Sourced through Scoop.it from: www.bizjournals.com

We had a typical increase in inventory after July.  Working sellers into the market requires a plan for where they are going. Comments like, “If I sell my home, I may never be able to get back into the market if I return.” or “My kids need a place to live, how can I use my equity to help them?”  Great questions and real issues.  There are ways to accomplish your goals in every market.  You simply need the right information and the right professionals.

Is My Abandoned Chimney Hurting My Energy Efficiency?

There are two ways that this type of chimney hurts energy performance. First, the caps on the thimbles and the cleanout door at the base of the chimney are probably leaky, so the stack effect is pulling conditioned indoor air through these gaps and up the flue. Second, the brick chimney probably represents an uninsulated thermal bridge that allows heat to escape via conduction and convection.

Sourced through Scoop.it from: www.finehomebuilding.com

Interesting post on chimneys we no longer use due to spare the air days and the part about keeping them clean.

Counties in Silicon Valley and Bay Area fill up state’s top-10 list for local investment – Silicon Valley Business Journal

anta Clara attained its ranking by finishing in the top 10 in each of the metrics considered.

From 2011 to 2014, the number of businesses in the county grew 5.5 percent, eighth-highest in the state, and GDP grew by $8.1 billion, fourth-highest. Despite Silicon Valley’s reputation for being stingy when it comes to housing, the county’s 8.7 new residential building permits issued per 1,000 homes in 2015 ranked ninth. Finally, the $6,816 per resident the county has raised in municipal bonds over the last five years also ranked ninth.

Sourced through Scoop.it from: www.bizjournals.com

Robots May Terminate 6% Of US Jobs By 2021, But The Retail Industry Isnt Worried

Robots are set to terminate 6% of US jobs by 2021.

Sourced through Scoop.it from: www.bisnow.com

Let’s build a wall!  (My apologies. Had to say it.)

San Jose Ideal for Foreign Investors, Says Mayor

Investors from Asia, Taiwan and India, among others, are turning to San Jose as an ideal city. Downtown San Jose boasts six high-rises financed by Chinese investors. Sam said San Jose is benefiting from the declining economy in China, which has a three-to-one debt to GDP ratio.

Sourced through Scoop.it from: www.bisnow.com

Interesting how times change. (?)  However, not clear on the plan for bringing manufacturing back to San Jose.  Doesn’t quite make sense. Unless, of course they are the highest paid manufacturing jobs. #justsayin

Bay Area job market still solid, despite August slip

“In August, California accounted for 42 percent of the 151,000 jobs created in the nation,” said Sung Won Sohn, an economics professor with California State University Channel Islands. “California’s economy is surging while the rest of the country is not so hot.”

Sourced through Scoop.it from: www.mercurynews.com

Most interesting detail of the article, ” “In August, California accounted for 42 percent of the 151,000 jobs created in the nation,” said Sung Won Sohn, an economics professor with California State University Channel Islands. “California’s economy is surging while the rest of the country is not so hot.”

Homeowners Regain Equity in Q2 – DSNews

The number of homeowners are in a negative equity position with their homes is dropping substantially every quarter.

Sourced through Scoop.it from: www.dsnews.com

To help with the panicky feeling we all get when the market shows a little flattening, homeowners equity is a great stat to embrace.  The more equity in our housing market, the better buffer we have to ride the waves of the dynamic real estate market.  Keep on building equity America!

LIST: 8 Santa Clara Co. Schools Named Among Newsweek’s 2016 Top Public High Schools

Mountain View, CA – The list, released today, ranked the 500 best high schools in the country. [Breaking]

Sourced through Scoop.it from: patch.com

Sigh. I have been involved with the school site council for two years at my local high school.  The scoring of schools is a wee bit crazy. No school is ran the same, not all implemented common core at the same time.  Some schools have been working with common core for three years and some started last year.  Each district controls the budgets for schools, and policy implementation is not consistent between schools within the same district. 

 

There are test and then there are communities of learning. Without consistency in how education is ran in our own county, I have a hard time comparing old API scores 902 and 890.  I would hope we could develop a school system that allowed each school to promote its strengths and its needs to the community and be supported appropriately. Not everyone can live in the “best” school district, should that be a reason they don’t receive the best education?

 

Facebook Plans To Build 1,500 Apartments In Overpopulated Silicon Valley

The company announced it will build at least 1,500 units for the general public, the Wall Street Journal reports. Facebook is making this move to shore up support for its planned 6,500-employee expansion in Menlo Park, CA, by tackling the town’s overcrowding problem head on.

Sourced through Scoop.it from: www.bisnow.com

Bikes and beds!  Wow!  And 6500 more people in the area!

Lawsuits Set To Fly As Millennium Tower Sinks

S.F.’s Millennium Tower Sinks

Sourced through Scoop.it from: www.bisnow.com

Whoops?  I feel for the owners.

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