Those numbers are rising in most markets.

It is one of the better areas of the South Bay where values are rising and is relatively affordable compared to San Jose, Milpitas, Cupertino, etc. 

Working in a high rise is much different.

I'm making an effort to present a case for both rising rates and falling rates.  

10 months since this post and BP performance has been on the rise!  

Outcome: Consistently rising income from my properties ... and tenant feels like it was better than it could have been for them.3.

The result is you pay down your principal much more quickly, but still have the "escape hatch" of a capped rate and/or the ability to convert your variable mortgage into a fixed if rates start to rise quickly enough to spook you.

Shortage of inventory and rising prices allow for less room to reduce prices from REO's, Auctions and especially retail.

A flatter yield curve generally indicates less economic health (less demand for long-term borrowing), a less accommodative federal reserve (short term rates rising), and job growth deceleration and/or job losses usually follow (aka recession).The yield curve as a potential predictor of a recession is nothing new.

Especially now when housing prices in your area may be rising faster than rents.