Real Estate

Real Estate

Santa Clara County preserves affordable apartments for seniors

San Jose housing advocates are praising a deal between county and federal agencies to preserve affordable housing for low-income seniors on the east side of the city. The Santa Clara County Housing Authority purchased Girasol Apartments and Jardines Paloma Blanca last week from the U.S. Department of Housing and Urban Development (HUD) for $4.15 million and...

‘Cockroaches, mold, fraying carpets’: San Jose tenants protest living conditions

A group of San Jose tenants are organizing to call out their corporate landlord for poor conditions and spiked rents across several low-income apartment complexes. The KDF Tenants Association represents more than 1,000 residents from four different affordable complexes in San Jose, which are owned by Newport Beach-based KDF Communities. Tenants picketed outside Orchard Glen Apartments...

San Jose lawmaker’s social housing bill advances

A bill to establish affordable housing in California is making its way through the state Senate after a successful committee vote—but not without revisions. Assembly Bill 309, also referred to as the Social Housing Act, is authored by San Jose Assemblymember Alex Lee. The bill proposes social housing, a technique brought to fame by countries...

These historic San Jose buildings are at risk

Historic buildings facing redevelopment in San Jose reflect a growing divide between preservationists and city leaders, as critics say the push for development often leads to neglect of older structures. The Preservation Action Council of San Jose released its second annual list of eight endangered buildings last month. The list highlights renowned buildings such as...

Santa Clara County property values propel higher

The value of all real estate and business property in Santa Clara County jumped up by $41.2 billion last year, despite a contracting market in the latter half of 2022. That topline figure represents a 6.6% increase over the prior year, according to Santa Clara County Assessor Larry Stone’s 2023 Assessment Roll. Real estate and...

San Jose wants to help renters fight evictions

Following a tsunami of evictions, San Jose is looking at ways to help residents from losing their homes, and heading off the problem before it reaches the courts. The eviction issue has skyrocketed in San Jose, especially after the expiration of COVID-19 pandemic-era tenant protections. Toward the end of 2022, hundreds of San Jose residents...

What’s next for empty Safeway in downtown San Jose

A prominent commercial space in downtown San Jose is being taken over by a new business, following more than four years of vacancy. OneMedAll, an oral wellness and health consulting company based in San Jose, is planning to open its first customer-facing location at 100 S. Second St., the same space where a Safeway shuttered...

Dilapidated San Jose church repairs put on hold

A plan by San Jose officials to protect a historic former church that has been all but ignored by its owner is now in limbo. The roughly 120-year-old former First Church of Christ Scientist near St. James Park in downtown may continue to be allowed to wither, as a proposal to spend $200,000 of city money...

Why bother buying a home in San Jose?

A recent national report is putting San Jose on the map for all the wrong reasons. The city is the toughest place to buy a home with the worst price-to-rent ratio, according to an analysis by real estate data company Clever. The company ranked 50 of the most populous U.S. metros with the goal of...