New Home Builders

State green lights Cupertino’s housing plan for more than 4,500 new homes – The Mercury News

(Courtesy of The Rise) The Rise redevelopment in Cupertino, Forum area, showing a housing tower, ground-floor retail and restaurant spaces, and adjacent gathering and open areas, on the site of the former Vallco Mall, concept. (Courtesy of The Rise) More than a year after the deadline and being hit with a lawsuit over the delay, Cupertino has received a green light from state regulators for a housing plan to add more than 4,500 homes by 2031. Every eight years, California law requires cities to submit a blueprint, known as a…

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New Home Builders

Looking to buy a home in Bay Area? Here’s what $1.7M will get you in Silicon Valley – KRDO

KGO By Lena Howland Click here for updates on this story     CUPERTINO, California (KGO) — This is what $1.7 million will get you on the western edge of Silicon Valley in Cupertino: A cozy 384-square-foot home, which is a little more than the average size of an American hotel room. “It’s time to bring out the old cliché which just happens to be the truth — it’s location, location, location,” said David Stark, a spokesperson for the Bay East Association of Realtors. But the house might not be what people…

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For Sale By Owner

Owner of San Jose office building headed for foreclosure goes bankrupt – The Mercury News

(George Avalos/Bay Area News Group) 10 West Tasman Drive in north San Jose, an office and research building that totals 105,000 square feet. SAN JOSE — The owner of a big San Jose office building whose loan has toppled into delinquency has filed for bankruptcy, potentially a last-ditch quest to ward off a property foreclosure. The office building in default is located at 10 West Tasman Drive in North San Jose, according to documents on file in Santa Clara County and at the U.S. Bankruptcy Court. Heritage 10 West Tasman…

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Other categories

Owner of San Jose office building headed for foreclosure goes bankrupt – East Bay Times

SAN JOSE — The owner of a big San Jose office building whose loan has toppled into delinquency and default has filed for bankruptcy, potentially a last-ditch quest to ward off a property foreclosure. The office building that’s in default is located at 10 West Tasman Drive in north San Jose, according to documents on file in Santa Clara County and at the U.S. Bankruptcy Court. Heritage 10 West Tasman LLC, the owner of the Tasman Drive office building, filed a petition on April 5 to reorganize its finances under…

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New Home Builders

Bay Area homes: Cupertino tiny house listed for whopping $1.7M – The San Francisco Standard

If it wasn’t already, now seems like the exact moment California’s housing crisis got way out of hand.  A 384-square-foot “house”—which, let’s be honest, is less than half the size of an average one-bedroom apartment in the country—is going for $1.7 million in the South Bay suburb of Cupertino.  For those prices, it better come with a fancy pizza oven or an Apple Vision Pro because that’s equivalent to an eye-popping $4,400 per square foot.  The listing describes the property as “cozy,” which is fair, although “tight” might be a…

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Other categories

San Francisco barbershop continues to struggle after pandemic – NBC Bay Area

A San Francisco barbershop is fighting to survive. Blades Co. Barbershop, located in the city’s Financial District, said it’s still severely struggling from the lingering effects of the COVID-19 pandemic. The buzz inside the barbershop has been if it’s going to be open next week. “That’s sad to me because I think we’re losing kind of biodiversity across the culture in San Francisco,” said David Kwon, a regular customer at the business. The barbershop opened in 2015 at a different space but moved at their current location near the Transamerica…

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New Home Builders

State green lights Cupertino’s housing plan for more than 4,500 new homes – East Bay Times

More than a year after the deadline and being hit with a lawsuit over the delay, Cupertino has received a green light from state regulators for a housing plan to add more than 4,500 homes by 2031. Every eight years, California law requires cities to submit a blueprint, known as a housing element, for how they will add a specific number of homes at a range of price points. The state Housing and Community Development Department (HCD) endorsed Cupertino’s housing element on Wednesday, bringing the city one step closer to…

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Real Estate Marketing

Housing Market Predictions For The Next 5 Years – Bankrate.com

It’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates increased to their highest level in more than 20 years. The average rate for a 30-year mortgage more than doubled between August 2021, when it was just 3 percent, and October 2023, when it reached 8 percent. Rates were hovering at around 7 percent as of April 2024. As you might imagine, this trend has led to a slowdown in buying activity.…

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New Home Builders

Housing element in Cupertino is endorsed by the state – The Mercury News

(Courtesy of The Rise) The Rise redevelopment in Cupertino, Forum area, showing a housing tower, ground-floor retail and restaurant spaces, and adjacent gathering and open areas, on the site of the former Vallco Mall, concept. (Courtesy of The Rise) More than a year after the deadline and being hit with a lawsuit over the delay, Cupertino has received a green light from state regulators for a housing plan to add more than 4,500 homes by 2031. Every eight years, California law requires cities to submit a blueprint, known as a…

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