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Posts Tagged ‘san jose california’

U. S. Housing and Economic Progress is Making Haste Slowly

May 12th, 2016 Comments off

home sales rising  housing wire com  creditSan Jose, California led 119 of the 340 metro housing markets nationwide in returning to or exceeding their last normal levels of economic and housing activity in Q1 2016. The markets are gauged by measuring the averages of housing permits, price and employment levels for the past 12 months, and divide each by their annual average over the last period of normal growth.

As pleasantonweekly tells MHProNews, the National Association of Home Builders/First American Leading Markets Index (LMI) indicates that 45 markets experienced a year-over-year net gain. The index’s score hit .95, which means the housing market is operating at 95 percent of normal housing and economic activity.

Housing markets continue to recover gradually, edging along by a firming economy, solid job creation and low mortgage interest rates,” said NAHB Chairman Ed Brady. “We expect the housing sector to improve at a slow, but steady pace throughout the year.” At 49 percent of normal activity, single-family permits are pulling done the numbers.

More than 80% of all metros saw their Leading Markets Index increase or hold steady over the quarter, an important sign that the housing market is heading in the right direction,” said Kurt Pfotenhauer, vice chairman of First American Title Insurance Company.

The years 2000-2003 were used as the last normal period for single-family permits and home prices, and 2007 as the base for the employment figures.

The remainder f the top ten: Baton Rouge, LA, Austin, TX, Honolulu and Houston. The last five are Oklahoma City, Los Angeles, Nashville, Charleston, SC and Salt Lake City. ##

(Image credit: housingwire–housing market slowly gaining)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Manufactured Homes Chosen to House Homeless

March 17th, 2016 Comments off

san_jose_ca__plan_of_mfg_homes_for_hmeless___azenith_smith_ktvu__creditWith over 4,000 homeless people on the streets every night in San Jose, California, and 6,500 homeless in Santa Clara County, city officials plan to install manufactured homes on a plot of city-owned land to house up to 170 people. Purchased with state development funds, each home will have six to eight bedrooms with a communal kitchen, bathroom and on-site staff, according to what ktvu tells MHProNews.

The six-acre property has been empty for some time but has been designated for affordable housing. Ray Bramson, with San Jose’s Housing Department said, “We need more immediate opportunities. This is a place we feel we can construct quickly, get online much faster and in a safe environment.”

While the project is in planning stages and still needs environmental clearance, Rae Hanson with Conklin Brothers across the street from the proposed site, installed $150,000 worth of security lights and fencing because customers were afraid to come to his business. He says the crime and blight will only get worse if there are more homeless people in the neighborhood.

Councilman Pierluigi Oliverio, who represents the district, said, “I think anytime you propose any type of facility like this anywhere in any city there will always be concerns.” He favors using houses of worship that are spread throughout the community as opposed to concentrating the homeless all in one place. ##

(Photo credit: ktvu/Azenith Smith–manufactured home planned for San Jose Homeless)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Battle Rages over Repurposing of California Manufactured Home Communities

September 15th, 2015 Comments off

winchester_ranch__san_jose_calif__lipo_ching__bay_area_news_group__creditFollowing a story MHProNews posted Feb. 27, 2014 regarding Winchester Ranch manufactured home community (MHC) in San Jose, California, the battle over some of the most expensive land in the country that sits under MHCs in Silicon Valley continues to burn brightly, much like the fires consuming parts of northern California.

San Jose has the most manufactured-home communities in the state, 58 communities with nearly 11,000 home sites. Of the 150 residents of Winchester who occupy the 111 MH, 106 are above 60 years of age, some in their 80s and 90s, who pay $833 to $1,000 a month, including Barbara Cali, who co-found the community with her husband in 1976.

Home builder PulteGroup has agreed to purchase the community, and intends to erect market rate and affordable apartments as well as a hotel, but as bloomberg reports, the deal has not closed. One of the sticking points: the San Jose City Council is set to vote on a six-month moratorium, as MHProNews reported Aug. 13, 2015, that would prevent the closing of Winchester and all the other MHCs in the city until lawmakers can determine a path to walk between senior affordable housing and accelerating growth.

To compensate residents, Pulte is considering offering $140,000 to over $200,000 each, adding about $15 million to development costs, which it would offset by an outside group buying a portion of the 16 acres for the hotel.

In the 1980s the state tried to discourage MHC owners from booting residents, but the force of economics has been very tempting in this area where the median listing price of a single-family home in August reached $878,000, the country’s second-highest, according to the National Association of Realtors (NAR).

If Pulte’s deal goes through, residents may be pressed to find affordable housing, as a one-bedroom apartment requires an annual income of $109,000, and income-restricted housing developments have long waiting lists. Santa Clara county—which includes San Jose—has 19,000 manufactured housing home sites, but only 78 listings, with an average price of $197,000.

Many municipalities up and down the coast trying to protect MHCs from redevelopment have become embroiled in expensive legal battles. While housing-rights advocates have tried to prevent conversions, many believe there are more efficient methods to provide affordable housing.

Another option would be for local governments to assist MHC residents in obtaining financing for them to become resident-owned communities. ##

(Photo credit: Bay Area News Group/Lipo Ching–Winchester Ranch manufactured home community in San Jose, CA)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

San Jose wants a Six Month Moratorium on Re-purposing of Manufactured Home Communities

August 13th, 2015 Comments off

buena_visat_mobile_home_park_paloalto_ca__nbcbay_areaFollowing a story MHProNews posted Aug. 8, 2015 regarding San Jose, California’s attempt to forestall the re-purposing of the city’s 59 land lease communities, mercurynews reports the San Jose City Council directed staff to develop an ordinance within two weeks that would prevent the city from processing any paperwork to close a manufactured home community for the next six months.

The goal is to update a 1986 ordinance dealing with community closures—which has not been used since it was written—in order to better preserve existing communities. Eric Brandenburg and Bill Baron with MHC owner Brandenburg, Stedler and Moore say they support a moratorium but suggest support for a program to help property owners who want to upgrade their communities. Critics caution that could lead to higher rents for residents. ##

(Photo credit: nbcbayarea–Buena Vista Mobile Home Park, Palo Alto, California)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

San Jose, California Seeks to Forestall Conversion of Land Lease Communities

August 8th, 2015 Comments off

MHC santee ca  utsandiego john gastaldo  creditMHProNews has learned from sanjose.granicus that the cityof San Jose, California has 59 land lease communities comprised of 10,836 manufactured and mobile homes housing approximately 35,000 residents. Many of the residents are elderly and some are disabled, sometimes both. San Jose has the highest concentration MH and MH households of any jurisdiction in the state. Rents are regulated by the city’s Mobilehome Rent Control Ordinance because many of the home sites are occupied by low income residents.

Realizing that a conversion to another use of these communities could displace many individuals who could not afford housing elsewhere, especially given rising housing costs, the city seeks to strengthen its 30 year-old manufactured home community (MHC) conversion ordinance to forestall what it envisions could be a human catastrophe if one or several of the communities were suddenly converted. As such, the city is also including in the conversion ordinance how and when residents are notified and what type of assistance will be provided to help people relocate, especially given that many of the homes are too old to be moved.

The overriding concern and goal of the San Jose government is seemingly to preserve the existence of these communities for as long as possible. A public hearing will be held Tue., August 11, at 1:30 PDT.

For the entire article, please click here. ##

(Photo credit: utsandiego/John Gastaldo–land lease community, Santee, California)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Luxury Modular Complex Rises in Silicon Valley

May 7th, 2015 Comments off

equity_apartments__credit___444_unit_modularThe Modular Building Institute’s 2015 Awards of Distinction has honored Guerdon Modular Buildings as best-in-show for its Domain Apartments in San Jose, California. As multihousingnews informs MHProNews, the five-story, 444 unit luxury townhouse-style community includes nine-foot ceilings, granite countertops, stainless steel appliances, in home washers and dryers and high-quality finishes.

Located next to Cisco’s campus, the complex is in the heart of Silicon Valley with access to light rail and freeway transportation, as well as nearby shopping, restaurants and a green space across the street.

There is a lot of expertise and planning required to build a complex as large and sophisticated as Domain Apartments,” Lad Dawson, Guerdon’s CEO, told MHN. “We’ve put in the time, invested in the necessary technologies, and now we are seeing our hard work pay off. It is exciting to be in a position to push modular construction into the mainstream for large, complex and high-end builds. For us, this is validation that Guerdon’s work is leading the industry in large-scale modular builds.

The modules were constructed at Guerdon’s facility in Boise, Idaho. The only on-site work needed was exterior shear bracing and siding. ##

(Image credit: Equity Apartments–Domain Modular Apartments)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Equity LifeStyle Properties Hit with Additional $95.8 Million Damages

April 17th, 2014 Comments off

Updating a story MHProNews.com posted April 15, 2014 regarding a California court’s $15.3 million compensatory verdict against Equity LifeStyle Properties (ELS) brought by residents of California Hawaiian manufactured home community in San Jose, the same jury has awarded the plaintiffs $95.8 million in punitive damages. As regards the damage awards, according to twst.com, none of the 42 former or current residents of the 418 homesites presented evidence of any physical or emotional damage requiring the attention of a healthcare provider. Marguerite Nader, ELS CEO, said, “We could not disagree more strongly with the jury’s verdicts. We will vigorously seek to overturn them in the trial court or on appeal, including but not limited to asking the trial judge to grant a new trial and to reduce the grossly excessive damages.” ##

(Photo credit: mhvillage.com–California Hawaiian community in San Jose Calif., Equity LifeStyle Properties)

Manufactured-home Community Surrounded by High-end Property

February 27th, 2014 Comments off

San Jose, California has the most manufactured-home communities in the state, 58 communities with nearly 11,000 homesites, according to mercurynews.com, and the owners of some in this Silicon Valley area will likely be tempted to convert their property to high-density, high-end housing. Of the 150 people who live in the 111 manufactured homes of Winchester Ranch, 106 are above 60 years of age, some in their 80’s and 90’s, who pay $833 to $1,000 monthly in rent. Barbara Cali, who co-founded the community with her late husband in 1976, lives here as well, and would like to remain, but the business affairs have fallen to the next generation, the Cali-Arioto Corp., and the community is surrounded by soaring land values.

Developer PulteGroup is a likely suitor for the property, and while the city’s conversion ordinance from 1986 provides for fair compensation to homeowners, 38 percent of the residents are at or below the federal poverty level. MHProNews.com has learned single-bedroom apartments in San Jose on average rent for $1,825 a month. Leslye Corsiglia, director of the city’s housing department, says, “It’s a hard situation. This is private property, but the community also has to balance the need for lower-income housing opportunities. It’s a challenge because Silicon Valley is just drastically underhoused. That’s why our rents are so high and why we have such traffic problems. And it’s only going to get worse.” ##

(Photo credit: Karl Mondon/Bay Area Media Group–Winchester Ranch, San Jose, Calif.)

Manufactured Housing Community may be Redeveloped

October 23rd, 2013 Comments off

Pulte Homes has been eyeing Winchester Ranch Mobile Home Park in San Jose, California, home to 145 mostly low-income seniors and disabled residents, as a possible site for market-rate condos. Homesite rents pale compared to the median home price of $612,250 in San Jose, giving community owner Cali-Arioto Properties consideration to sell the property, especially since Winchester is in part of the city set for future mixed-use development. However, if the site is re-developed with market rate homes, it would further reduce the city’s affordable housing inventory. According to sanjoseinside.com, a regional housing assessment requires the city to build 19,000 affordable homes between 2007 and 2014—and it currently has only 20 percent of that total. While the sale of the manufactured housing community (MHC) is only tentative, and the city has yet to rezone the land, the homeowners association will be sending representatives to the Nov. 12 city council meeting. As MHProNews understands, 57 of San Jose’s 58 MHC’s are within a mile of proposed urban villages, and eleven sit adjacent to urban village boundaries, making them ripe for potential development. While it raises the continuing specter of private property rights versus affordable housing for low-income residents, it is not clear if the residents of Winchester Ranch would be compensated if they have to move.

(Photo credit: santeepatch–manufactured housing community in Santee, California)

Housing Conditions Decline during Recession

October 1st, 2013 Comments off

The National Center for Healthy Housing (NCHH) reports the physical conditions of housing in the U. S., in its study of 46 metropolitan areas, has declined since the last report in 2009. The study reveals 35 million, about 40 percent of metropolitan homes, have one or more health and safety measures, up from 30 million homes, 35 percent four years ago. As sacbee.com informs us, the State of Healthy Housing says the housing bubble and subsequent foreclosed homes that sometimes became blighted may have contributed to the decline. Nicolas P. Retsinas, director emeritus of Harvard University’s Joint Center for Housing Studies, says, “The report documents that healthy homes remain elusive for far too many homeowners, renters and their children. The findings in this report should motivate government, business and nonprofit leaders to come together to ensure that all families have a decent place to live.” The metropolitan areas of San Jose, Calif., Indianapolis, Ind., and Tampa-St. Petersburg-Clearwater, Fla. rank at the top of the list for having the healthiest housing. At the bottom are San Antonio, Texas, Birmingham, Alabama, and Memphis, Tennessee. NCCH rates housing on the basis of 20 safety and health characteristics including evidence of rodents; faulty heating, electrical, and plumbing systems; moisture problems, and poorly maintained building elements. “No matter where you live, people should have access to a safe and healthy home,” says Maurice Jones, HUD’s Deputy Secretary, as MHProNews has learned.

(Image credit: mortgageorb.com)