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Showing posts from November, 2017

We Work, We Grow Tops $4.4 Billion Investment for education

WeWork is opening an elementary school called WeGrow And it’s enlisted Bjarke Ingels to design it BY JENNY XIE NOV 6, 2017, 1:00PM EST

Ten-X Research Quarterly Economic and Real Estate Update

Ten-X Research Quarterly Economic and Real Estate Update

November 9, 2017 | Ten-X


02 Oct Ten-X Research Quarterly Economic and Real Estate Update Ten-X Research just published their quarterly economic and real estate update which shows that the labor market is driving the US economy as CRE expansion moves into a late stage in the cycle. The below infographic highlights a few key findings from the recent report. To access the full report, email the research team at research@ten-x.com. For further analysis and insight on the latest US Economic trends and their impact on CRE, watch the replay of our recent mid-year webinar or review the slides.

Three in 10 local households have no retirement savings, records show

Three in 10 local households have no retirement savings, records show

By James McGinnis

Posted Nov 12, 2017 at 6:00 AM

Thousands of families in Bucks, Burlington and Montgomery counties have no pension, 401(k) or individual retirement accounts, federal data shows

Tony Mallozzi just won’t die. And his longevity is getting expensive.

“I’ve been retired for 20 years now,” said the 74-year-old from Sellersville. “I never expected to live this long.”

Tony stopped working after a heart attack. But he never anticipated the advances in cardiac care, which keep his heart ticking. And he never calculated for paying the property tax bills, which go up and up.

In spite of it all, Tony knows he’s among the lucky ones. He retired with a pension.

What will happen to the millions of others with no retirement savings beyond Social Security?

Thousands of families in Bucks and Montgomery counties have no pension, 401(k) or individual retirement accounts, federal data shows. At 50, Lara C…

Real Estate Matters: a taxing future? 11/9/17

Uploaded: Thu, Nov 9, 2017, 11:56 am
Real Estate Matters: a taxing future? One agent's take on how tax changes may affect home values
by Michael Dreyfus / Palo Alto Weekly
Michael Dreyfus is a leading sales agent and president of the Silicon Valley region for Golden Gate Sotheby's International Realty, with offices in Santa Clara, San Mateo, Marin, Alameda and Contra Costa counties. Photo courtesy Michael Dreyfus. As a tax-reform bill gets debated in Congress, many of our buyers and sellers are asking our opinion on how these tax changes will affect local home values. With the caveat that everything on the table now is a proposal and subject to substantial negotiation, changes or even outright failure, here are my thoughts on the parts of the bill that relate directly to home values and how their passage may play out in local real estate.
There is an argument that two proposals will have a negative effect on local home prices. The first proposal l…

Wells Fargo Meeting Global Power Needs With 100% Renewable Energy - Solar Industry

Wells Fargo Meeting Global Power Needs With 100% Renewable Energy - Solar Industry: San Francisco-based Wells Fargo & Co. has announced that 100% of its global electricity consumption for 2017 will be met with renewable energy. The milestone means the financial services company has met the first part of its commitment to purchase renewable energy to power 100% of global operations by the close of 2017, with a …