Summer started on Tuesday, and yesterday was the "Longest Friday" of the year; in slightly over a week, it will be the 4th of July. Ungodly heat waves have (mostly) passed, leaving a forecast of certified perfect weather days in their wake. You know what this all means: the summer vacation high season is upon us.
In recognition of National Homeownership Month, NAR has released a new white paper entitled, "Hurdles to Homeownership: Understanding the Barriers," identifying five key hurdles keeping the U.S. homeownership rates stuck at 50-year-low despite low mortgage rates and recovering job markets.
San Jose could soon see 8 million square feet of its downtown reshaped into a "transit-oriented" complex of slickly designed office, housing and commercial space, a plan designed by Google and its development partner, Trammell Crow. The project, located near the Diridon Station and the SAP Center, could house up to 20,000 employees. $124 million has already been spent in property acquisition.
Among the skills the modern real estate professional needs to have are contract knowledge, tech skills, solid negotiating tactics, and now... self defense? According to Karen Trolan in a recent safety seminar for the Silicon Valley Association of Realtors, yes.
Summer doesn't start until June 20th, but today kicks off National Home Ownership Month. It's a time to reflect on what has been a cornerstone of this country--and the American Dream--for generations: owning a home.
Alameda County, along with San Mateo and Santa Clara Counties, has posted an all-time high for median home prices. According to The Mercury News's reporting on May 26, 2017, the typical previously owned home in Alameda County is selling for $805,000.