Silicon Valley

Getting Highway 101 moving again: San Mateo County express lane project inches forward, as Facebook, Genentech and Stanford University push for progress – Silicon Valley Business Journal

Getting Highway 101 moving again: San Mateo County express lane project inches forward, as Facebook, Genentech and Stanford University push for progress – Silicon Valley Business Journal

Possibilities includes converting existing carpool (HOV) lanes to express lanes and adding new express lanes on U.S. 101 between Whipple Road and the I-380 interchange in San Mateo County. It could also include reconstructing ramp connections to U.S. 101 and and installing electronic toll collection.

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

Really? Even in the middle of the day? ; )

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SocketSite™ | Bay Area Employment Hits a New High

SocketSite™ | Bay Area Employment Hits a New High

Santa Clara County to a record 1,015,600 with an unemployment rate of 3.8 percent.

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

We know this fact by the traffic! We also can count the demand for housing to continue as we simply do not have enough homes to meet the inbound movement.

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Experts Believe Single-Family Rental Market is Here to Stay – AAOA

Experts Believe Single-Family Rental Market is Here to Stay – AAOA

the strength of the millennial graphic and their spending power as they get better paying jobs and look to move out of their parents’ houses will be a major factor in the growth of the single-family rental market. Currently about 29 percent of the nation’s rental stock consists of single-family detached homes.

Sourced through Scoop.it from: www.american-apartment-owners-association.org

Rental restrictions coming from most condo/townhome HOAs (Home Owner Associations) are a major driving force for investors looking to buying single family detached homes in Silicon Valley. 

Expect a big fight on rent controls proposed by many municipalities as the investors will have a lot to say about these proposals to limit their property rights.

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