- 6 outta 10 towns are in sunny California
- 2 outta 10 are in the Bay Area (Oakland leads the pack at #1. San Jose comes in at 4th place.)
- 9 outta 10 are on the West Coast!
Innerestin' stuff! Realtor.com has compiled the cities that are making the most inroads to housing recovery:
It wasn't long ago when downtown LA was known as just Skid Row. It's recent renaissance has exploded the need for housing. Anyone know why it's mostly geared toward rentals, and not condos? It's like the opposite of SF, where people complain there aren't enough rentals. Planetizen breaks down the numbers:
"A dearth of apartments is fueling one of the city's largest building booms in years," reports Dawn Wotapka. "There are about 14,000 apartment units in downtown Los Angeles. About 5,100 units are under construction, and more than 3,400 units were built between 2008 and 2013, according to Polaris Pacific, a real-estate sales, marketing and research firm. More than 3,000 additional rental units have been approved, with another 7,000 proposed. Meanwhile, there are only 17 condo units for sale and 68 under construction.
In Today's Episode of Crazy Things Rich White People Do: $2M Mansion in Marin Burns to The Ground The Day of Tenant Eviction! Arson or Coincidence?!
American Home Buyers Stats Now Include LGBTQ, BFF's & DINK (Dual Income No Kids)! Times, They Are A-Changing!
VISA is Clamoring To Return to SF! Cuz No Self Respecting "Young Urban Engineers" Wants to Work in the 'Burbs!
Just last year VISA moved out of San Francisco and into a suburban office park. Well now they are hankering to return! Apparently, who wants to commute or work in such a bedroom community when all your fellow techie friends are partying it up in the city, at Zynga, Twitter, Salesforce, Airbnb, etc!? VISA is on the prowl to lease space in SF to retain these millennial employees who know what they want. And they wanna live and work where all the cool kids are ...in SF!
San Francisco Lost Its Appeal! Palo Alto & Berkeley Ranked Top 3 Most Livable Places! (SF Didn't Even Crack Top 100. Wonk Wonk)
Livability.com scores the top 100 cities across America as the best places to live and visit. Their criteria is based on housing, education, amenities, transportation/infrastructure, social/civic capital, health care & economics. Over 2 dozen cities in California made the list! Did your city make it?
Did you know it was against the law to be a real estate agent in Cuba?! That all changed recently when the Cuban government unbanned that job. All this time, can you imagine selling homes under the radar, under threat of arrest?! Its a tough enough job as it is. Hope our Cuban realtor friends can finally sell in the light!
Just another reason why being loaded is the pits! You got the bucks to spend, but there ain't nothin' to buy! Business Insider reports:
Census Says SF Full of OverEducated, Overseas, Overpaid Gays! (Not Necessarily In That Order Though)