article thumbnail

Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

As a result, more households were able to pay off their debts or refinance their mortgages, leaving homeowners with a net worth roughly 40 times higher than that of a renter. For example, in the San Jose metro area, low-income earners have accumulated nearly $630,000 over the last 10 years while middle-income earners gained $643,000.

article thumbnail

U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

The movement into secondary markets is underpinned by the anticipated increase in both debt and equity capital during 2014. San JoseSan Jose is the third-ranked market for the second year in a row, with investors attracted to the prospects offered by the city’s technology industry.

ULI 83
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

Income 75