FRIDAY - new moon
- Nextdoor’s Treat Map back for Halloween showing you the best streets for treats
- Deadly California fires stretch an already tight housing market
- Parents helping kids compete in bidding wars
- Could YIMBY be the new NIMBY?
- C.A.R. releases its 2018 California Housing Market Forecast
- Fire-Wise Landscapes Can Help Keep Your Home and Property Safe
- A Clear Solution to Zoning an Open-Plan Space
Enjoy!
Nextdoor’s Treat Map back for Halloween showing you the best streets for treats - The Treat Map allows for people to mark their homes with a candy corn icon to let neighbors know they’ll be giving out candy. For those hosting a haunted house, there is an option for that as well, says Nextdoor.
Deadly California fires stretch an already tight housing market - Housing supply is short across the entire Bay Area. Displaced homeowners looking to relocate would find the most comparable home values to Sonoma County in Contra Costa County, to the east of San Francisco, Trulia’s Ralph McLaughlin said. Renters may have to travel as far as San Benito County, south of San Jose, based on comparable rents. Meanwhile, the onslaught of permit applications and heightened demands on construction labor will likely lengthen the rebuilding process.
Parents helping kids compete in bidding wars - To help their adult children, more parents are reportedly taking out equity in their own home so their child can buy a home of their own. More parents are finding that their adult children need the extra financial footing in order to compete in areas where bidding wars have become commonplace. The additional funds are helping adult children avoid making a deal contingent on financing and also helping to make their offers more attractive to sellers. Parents have several options for tapping the equity in their homes, such as cash-out refinances or a home equity loan. By having a parent take out a home equity line of credit to give their child a full purchase price, some millennials are better positioned to then win against multiple bids.
Could YIMBY be the new NIMBY? - Young adults are forming a new movement known as YIMBY—“yes in my backyard”—as they advocate for more affordable housing in their communities. Young adults reportedly are turning out in bigger numbers to zoning, planning, town, and city board meetings to advocate for more affordable housing in their districts. Activist groups are gaining momentum, particularly in markets that have faced surging rental costs and home prices the last few years. The housing industry expects the YIMBY movement to get louder as millennial advocates seek housing solutions to the affordability problem and beyond.
C.A.R. releases its 2018 California Housing Market Forecast - With the economy expected to continue growing, housing demand should remain strong and incrementally boost California's housing market in 2018, though a shortage of available homes for sale and affordability constraints will be a challenge. "With tight inventory being the new ‘norm' for the past few years and at least the upcoming year, we'll continue to see fierce competition driving up prices, leading to lower affordability and weaker sales growth."
Fire-Wise Landscapes Can Help Keep Your Home and Property Safe - Choose fire-resistant plants and materials and create defensible areas using these design strategies
A Clear Solution to Zoning an Open-Plan Space - Break up an area without blocking light with a gorgeous glass divider like these. Some of my faves:
