real estate trends

High Interest Rates Make New Home Construction Less Feasible

real estate trends / By / , ,

The city of San Jose just released a report titled “Residential Feasibility Analysis” that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13% over the last 18 months. Construction mortgage rates have doubled over the last 12 months and hover above […]

High Interest Rates Make New Home Construction Less Feasible Read More »

New Housing Developments Begin Including Granny Units

real estate trends / By / , ,

On January 29, 2021 Weingarten Realty Investors submitted an updated plan for San Jose’s Cambrian Park Plaza which proposes having 30 houses to now include granny units on the ground floor. The granny unit would have its own entrance. The second and third floors would be an entirely separate single family dwelling from the granny

New Housing Developments Begin Including Granny Units Read More »

Scroll to Top