FRIDAY - off to meet the weekend
- 16 Smart Ideas for Small Homes From People Who’ve Been There
- San Francisco's out-of-control housing market might start looking more 'normal' by the end of the year
- Silicon Valley homeowners earned enough to buy a Rolls Royce in the last 30 years
- Bay Area rents plateauing, studies confirm
- Average Fixer-Upper Home Lists for 8 Percent Discount; Buyers Save Only $11,000 For Renovations
- A Home Seller's Guide to Pocket Listings
- Celebrate the Rectangle With This Very Contemporary Tile Pattern
Enjoy!
San Francisco's out-of-control housing market might start looking more 'normal' by the end of the year - "Though Western markets dominate U.S. price growth, San Francisco continues to show a noticeable cool down. Home prices in the City by the Bay increased of 6.4%, which is the smallest annual gain since August 2012. The continued slowdown suggests the San Francisco housing market might start looking more 'normal' by the end of the year, but the market still has a long way to go before most Bay Area homebuyers would agree."
Silicon Valley homeowners earned enough to buy a Rolls Royce in the last 30 years - “The U.S. housing market is growing more unequal,” writes Trulia’s chief economist Ralph McLaughlin. “Regional disparities in home price growth may be effectively driving a geographical gap in wealth generation.” And the ongoing accumulation of housing wealth in affluent areas promises to make those broader financial disparities more permanent, McLaughlin told Quartz. “We may need to rethink policy,” he said.
Bay Area rents plateauing, studies confirm - In the San Jose-Sunnyvale-Santa Clara metro area, the average monthly rent in July was $2,857, up only 0.3 percent from July of last year. That was its smallest increase since April 2010
Average Fixer-Upper Home Lists for 8 Percent Discount; Buyers Save Only $11,000 For Renovations - While no two fixer-uppers are alike, buyers are more likely to find large upfront cash savings on fixer-uppers in expensive markets, where just a small percentage discount could yield quite a bit of money to spend on renovations. For example, fixer-uppers in San Francisco are discounted only 10 percent, which is lower than other metros, but still gives buyers $54,000 in upfront savings for renovations on the median home. Other metros with high cash savings include San Jose ($38,000) and Seattle ($24,000).
A Home Seller's Guide to Pocket Listings - While most sellers choose the traditional route of marketing their home on the local multiple listing service, pocket listings – or private listings – are becoming a bigger part of the conversation. Here’s what you need to know about the option of a pocket listing, and how to determine if it will better serve the sale of your home.
Celebrate the Rectangle With This Very Contemporary Tile Pattern - There are so many ways to work with stack bond tile. Here's how to keep the look super sleek — and how to change it up. Some of my favorites: