Source: SVBJ
Saturday, January 19, 2013
Saturday Stats: San Jose Has Lowest Housing Vacancy Rates in the US
The San Jose area has 650,700 housing units, and only 28,100 of them are empty. That gives San Jose a vacancy rate of just 4.3%, the lowest in the country by a significant margin. The next lowest is Lancaster Pennsylvania at 5.6%. Surprisingly San Francisco is at 7.12% and New York is at 9.92%. I suppose that means it's time to start breaking ground on some more residential units--preferably in dense urban parts of San Jose.
Source: SVBJ
Source: SVBJ
The latest design of 1. S. Market apartment building is released on 1. South Market St with a posted sign. The design is spectacular. Hopefully, no one will protest it. The developer wants to get going in Feb. or March.
ReplyDeleteThanks Anon,
ReplyDeleteI saw that last week when out and about during a lunch break, but did not manage to take some pictures. As Anon has pointed out, the design HAS changed from the big blue box we hated. It's still blue-ish, but no longer fully boxy. It has some design elements to it. I thought it look surprisingly nice, and is kinda close to the original design.
I'll take a picture as I will be enroute to the area today, so we can all haggle and discuss about it, but I'm so glad the design has changed for the better :)
This is fantastic news!! A photo would be fantastic. Email it to me (josh@thesanjoseblog.com) and I'll post it on the blog.
DeleteHey Josh, check your mail :) Let me know if you've received the pics.
ReplyDeleteGot them, you rock! Post will go up tomorrow at 6am.
ReplyDeleteNo prob!
ReplyDelete