housing

Build to Rent Strategy Gains Popularity Driven by Lack of Inventory, Surge in Rental Demand

October 20, 2015

10 percent of detached single-family households in the country (12.7 million out of 120 million) are renting.

Sourced through Scoop.it from: dsnews.com

Builders in Silicon Valley are recognizing “spec building” is not always automatically a sale. It can also be a rental. As the article points out, new sub-division builders are setting aside some of the homes for renters.

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

October 13, 2015

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.

San Jose Home Price Trends: Could 2012 be the beginning of a housing recovery?

November 10, 2011

What drives the real estate more than any other factor? Jobs. What drives buyers from renting to buying? Increase in rents to the point where home ownership is attractive. What drives buyers who plan to buy a home to buy now? Interest rates. So now, some data to back all these ideas up. From the […]

Can I afford to buy a home? Santa Clara County Homeownership Programs Can Help!

April 10, 2011

In spite of doom and gloom push by many, there are many people that do want to buy a home. For most, the biggest challenge to buying a home in the greater Silicon Valley is finding the funds for a down payment. Even with FHA availability requiring only 3.5% down may not be an option […]

“Who wants to build a house?” A panelist discussion on Bay Area home development.

March 14, 2011

What are residential builders saying about San Jose home market? A panelist discussion with Summerhill, Regis, and Blackrock regarding the housing market and challenges to meeting consumer demands for new housing.