Google and its development partner Lendlease have modified their plans to include 7,000 residential units for Google’s campus in north Mountain View. Google has also proposed that 20% of the homes (1,400) be “affordable” homes. That would be double the number of existing affordable homes in Mountain View. The plans contain 3.1 million square feet […]
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Consumer Confidence Index – plotted by CNN Money The Consumer Confidence Index has been climbing fairly steadily since shortly after Barack Obama took office. Most recently it climbed higher than the 111.9 level it reached in July 2007. For a more comprehensive view take a look at earlier history posted on Wikipedia. Consumer Confidence Index
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“The S&P Corelogic Case-Shiller National Index Extends New High As Home Price Gains Continue” is the headline of the 2016-12-27 press release. The data discussed covers October 2016. The index covering all nine U.S. census divisions posted a 5.6% annual gain for October. The 20-City composite posted a 5.1% year over year gain. Seattle, Portland,
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Santa Clara County House Price (per sq.ft.) Do home prices rise with rising employment? Since 2009 Santa Clara County employment has steadily risen. However it took several years for many people to feel secure enough about their future and to build up savings to buy a home. Employment and population changes are the main driving
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Federal Reserve Interest Rate 2004 – 2016 In June of 2006 the federal interest rate stood at 5.25%. Federal Reserve Chair Janet Yellen announced today Dec 14, 2016 that the central bank will nudge its benchmark interest rate from the current 0.25-0.50 percent to a range of 0.50-0.75 percent. The Vanguard Group global chief economist,
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