Rents on the Rise

Apartment rents in 79 U.S. metro areas were up, according to the Reis report. San Francisco and San Jose were among two of the cities experiencing fast rental growth increases, with rents increasing more than 6 percent. The Oakland/East Bay area also was on the rise, with rents up by 4.6 percent.

Palm trees lining streets in San Jose, California
Palm trees lining streets in San Jose, California (Photo credit: Wikipedia)

Smokin’on the Water Pro BBQ, Brews & Blues

Metairie, Louisiana. Beer brewing tanks at mic...

Saturday, August 23, 2014
1:30 PM – 5:00 PM
Konocti Vista Casino, Lakeport
6th Annual Smokin’ on the Water Pro BBQ, Brews and Blues. Starting at approximately 1:30pm at the RV Park at Konocti Vista Casino. Come see and taste the best Professional BBQ in the west. Taste and vote for your favorite BBQ and Microbrewery. Fabulous cars show by Lake Counties favorite car clubs. Free entry to the public. Purchase tickets for food and microbrews. For more information call 707 262-1900.
Just a short ride from Ukiah

 

Lakeside Family Fun Ride ‘N’ Shine Car Show

Lakeside Family Fun Ride ‘N’ Shine Car Show
Saturday, August 9, 2014
12:00 PM – 5:00 PM
Lakeside Family Fun & Event Center, 872 Lakeport Blvd., Lakeport
DJ Music, 50 & 60’s Band, Lots of Vendor Booths….Join us for a Day of Fun! and Dancing… Vendor Booths availible, Free Car Entry toShine, Pinup Girl Contest.
Call Regina Zombil at 707 263-4828 for more Information
Just a short ride from Ukiah

Job Growth

Leadenhall Building / May 2014 II

 

Higher mortgage rates will be “a headwind” for home buyers.

“Job growth continues to be strong in California and that means people feel more comfortable buying a home and mortgage credit has been very, very tight for the average person.

Job growth hasn’t been evenly distributed throughout the state, however. That means employment’s cushioning effect against the Fed taper will be felt differently in different housing markets.

Job growth has been especially strong in the technology sector, which benefits Northern California and certain pockets of Southern California.

As a result, the taper might be felt more intensely in those areas because they don’t have much job growth to offset its effects.

Housing Trends

real-estate-photography-nicci
real-estate-photography-nicci (Photo credit: shotbynicci)

 

CBS News MoneyWatch says, “If the real estate recovery is a baseball game, we’re in the fourth or fifth inning. So what will the rest of the game look like? Experts from the Urban Land Institute unveiled their view of how the rest of the recovery will play out in their Emerging Trends in Real Estate report, released this week at the land use and planning nonprofit’s annual conference in Chicago. The group highlighted a number of housing trends we can expect to see playing out over the next few years, based on surveys and interviews with real estate developers, investors, lenders, services and builders.

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