Friday, May 11, 2018

FRIDAY - honor your mother





- Millennials fare the worst in Bay Area housing crunch, study shows
- FOMC keeps rate hike off the table at May meeting
- Proposed California solar mandate could add $10,500 to cost of a house
- How California's candidates for governor want to fix the state's housing problems
- Bathrooms Overtake Kitchens as Most Popular Remodeling Project
- What to Do for Mom on Mother’s Day


Enjoy!


Millennials fare the worst in Bay Area housing crunch, study shows - Millennials, ages 20 to 36, are the largest prospective home buying generation, but 98 percent of those hoping to become home owners in the next year have encountered obstacles that derailed those plans — and the most commonly reported hurdle was rising prices, according to the survey conducted by The Harris Poll on behalf of Trulia. Of those hoping to buy a home at some point, 90 percent of millennials reported having to put their plans on hold, compared to 77 percent of Gen Xers and 61 percent of baby boomers. “For millennials trying to buy a home, and especially in the Bay Area, there’s not much out there,” said Trulia analyst Alexandra Lee. “And what is out there is older homes that need TLC. There aren’t many of them, and they are expensive.”


FOMC keeps rate hike off the table at May meeting - “Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate,” the committee said in a statement. “Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low.”


Proposed California solar mandate could add $10,500 to cost of a house - California may soon become the first state in the nation to require that virtually every new home be equipped with solar panels. The California Energy Commission on Wednesday is expected to mandate solar arrays on almost all new single-family houses built after Jan. 1, 2020, as part of the state’s fight against global warming. The rule also would apply to new multifamily buildings up to three stories tall.


How California's candidates for governor want to fix the state's housing problems - California’s gubernatorial hopefuls have a similar answer to the state’s housing crisis: Build a lot more homes.
Five of the six major candidates argue that the only way for California to become a more affordable place to live is for developers to build at rates not seen in at least three decades. And the sixth wants the state to subsidize an unprecedented number of new homes for low-income residents.


Bathrooms Overtake Kitchens as Most Popular Remodeling Project - The kitchen is king among the spaces with the most impact on a home’s identity. But having a beautiful bathroom is just as, if not, moreimportant for many home owners.


What to Do for Mom on Mother’s Day - Show Mom you care by giving her a special dinner, taking care of household tasks and creating new memories together

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