article thumbnail

San Jose Approves Google’s Proposal for Multi-Billion Dollar, 80-Acre Campus

Pro Builder

San Jose Approves Google’s Proposal for Multi-Billion Dollar, 80-Acre Campus. The San Jose campus will feature 7.3 Liccardo continued, thanking community groups, Google, and parent company Alphabet’s finance chief Ruth Porat and SVP Kent Walker, who he said “we’re committed to seeing this through.” . cbroderick.

article thumbnail

It's Now Cheaper to Rent Than Buy in Every State

Pro Builder

That’s the question many prospective buyers and renters face, and the answer usually comes down to finances. The differences were most dramatic in costly cities such as New York, San Francisco, and San Jose. . San Francisco and San Jose, Calif., It's Now Cheaper to Rent Than Buy in Every State.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

For example, in the San Jose metro area, low-income earners have accumulated nearly $630,000 over the last 10 years while middle-income earners gained $643,000. Read more Market Data + Trends Financing Affordability Financing

article thumbnail

Working From Home Could Bring 2 Million Buyers Into the Market

Pro Builder

If telework becomes more of a norm, and businesses allow it where possible, this could give millions of Americans more choice over their home and home finances. In the San Francisco and San Jose metro areas, 22% and 25.2% and most other large metros.

article thumbnail

Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching?

Pro Builder

The city has finance, medical and tech industries as a draw for young professionals, said Jacob Channel, the senior economic analyst for LendingTree. At the bottom were the notoriously expensive coastal cities of San Jose, Calif., New York and San Francisco. Salt Lake City topped the list, retaining the No. Demographics.

article thumbnail

The US Housing Market Is Stabilizing, but Regional Markets Are Still Skewed

Pro Builder

booming and places like San Jose, Calif., That said, under the hood, the housing market isn’t exactly normal just yet: Some housing markets are booming right now (including Scranton) while other places (including San Jose) are still passing through a home price correction. caught in correction mode. What’s going on?

article thumbnail

Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta. cbroderick.