All-Electric Homes

Bill McReynolds, vice president of development for City Ventures, said he hopes the Simi Valley City Council will approve a proposal to build all-electric homes. The townhome complex of 62 units would sit on a vacant 4.3-acre parcel at the northwest corner of Erringer Road and the Arroyo Simi. The proposed units will be prewired for electric vehicles, energy-smart appliances and solar-powered and water-saving devices including water-efficient faucets and drought-tolerant landscaping. In addition, there will not be any gas-powered features, traditional heaters or stoves. […]

By | April 22nd, 2015|blog, investing, real estate|0 Comments

California Leads the Nation in Personal Consumption Expenditures

Beacon Economics, reports on a new study that shows California leads the nation in Personal Consumption Expenditures (PCE) as a percent of their income. California was estimated to have spent $1.4 trillion in 2012, the latest information available, making up 12.7% of national PCE. Texas was second at $0.8 trillion. From 2011 to 2012 California PCE grew by 4.7%, outpacing growth nationwide (4.1%) and ranking 8th in growth out of the 50 states. […]

By | April 8th, 2015|blog, investing, real estate|0 Comments