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Young Meet Old at Plant 51

| Real Estate
Plant 51 preserves some of the old-brick look-and-feel of the railroad warehouse that it started its life as.

For a home to have real character, it helps to have real history. For young professionals looking to make a start in downtown San Jose, Plant 51 offers both. » Read More

The High Life

| Real Estate
The 88 features floor-to-ceiling windows with gorgeous views of the city and the valley.

Lots of cities, including downtown San Jose, are going back to what a city once was—"a center of population, commerce, and culture." The population is coming home. » Read More

New Home Permits Down

| Real Estate
Building permits are down in Silicon Valley—and everywhere else.

It’s a result of the recession—not only are people not buying new homes, they're not building new homes either, in Santa Clara County or anywhere else in California for that matter. » Read More

Unemployment Down, Vacancies Up

| Real Estate
Downtown San Jose is currently riddled with vacant office buildings.

Unemployment may have inched down in San Jose-Silicon Valley, from a record 12.1 percent to 11.8 percent, but that's no consolation to property owners in Santa Clara County. More than 43 million square feet of office space—the equivalent of 15 Empire State Buildings—still stand open in the county. Just three cities—San Jose, Sunnyvale, and Palo Alto—have eleven empty office towers between them, comprising 3 million vacant square feet. » Read More

City to Take a Stand on Foreclosures

| Real Estate
Around 9,000 San Jose-area homes are currently in foreclosure, with the number expected to increase.

With an estimated 9,000 San Jose homes currently in foreclosure, Mayor Chuck Reed has decided its time to step in and have the city step in and help. City Council approved a new measure to favor banks that assist troubled homeowners by modifying their mortgages. » Read More

Affordable Housing Project Moves Forward

| Real Estate
The Bryant Street affordable housing development has its neighbors concerned about size and traffic.

The Mountain View City Council approved a new, low-income housing project on Tuesday, but the project's neighbors on 108 Bryant Street are not too happy about it. The new project would consist of a four-story structure with 51 units. Two designs are currently being discussed: one, a traditional Mediterranean style building, and the other, a more modern structure. » Read More

Market Struggles Continue

| Real Estate
Prices are up in the first-time buyers market, but sales are down.

There are rumblings that the economy is improving, but that's hardly felt these days in the Santa Clara real estate market. The number of homes in the process of foreclosure rose dramatically this year, from a low of 1,661 in February to a high of 4,661 in October, an increase of almost two hundred percent. While the number of foreclosure sales has more or less flat-lined in that time, they still stand at 479, almost double the March low of 247. » Read More

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