FRIDAY - may the 4th be with you




Why the Bay Area is the epicenter of Californiaā€™s housing crisis
Here are the top 10 most expensive rental markets in the U.S
Freddie Expands 3% Down Loans for New Buyers
Study: May Is Luckiest Month for Sellers
Buyers Beware: Some Home Sellers May Be Recording You
Trending Now: 10 Outdoor Rooms to Inspire Summer Lounging
How to Use Texture to Zone Your Open-Plan Home 

Enjoy!





Why the Bay Area is the epicenter of Californiaā€™s housing crisis - The same story is playing out, over and over: People are flocking to the Bay Area for high-skilled, highly paid jobs, while cashiers, teachers and construction workers are, increasingly, saying goodbye to a place they no longer can afford. The new research by Beacon Economics weaves together housing, economic and migration data, highlighting the underproduction of homes and cost pressures facing low- and middle-income workers amid the housing crisis. It examines the dilemma of the nationā€™s biggest economic engine, which is providing so much opportunity for some, while shutting so many out.


Here are the top 10 most expensive rental markets in the U.S.According to Zumper, a rental listing site, three of the top five most expensive rental markets in the nation are in California. San Francisco holds the top spot as the nationā€™s priciest multifamily market exhibiting rent growth of 1.2% in its one-bedroom price to $3,440. San Jose came in third at 2,500 for a one-bedroom, and Los Angeles tied with Boston for fourth place at $2,300 for a one-bedroom apartment.


Freddie Expands 3% Down Loans for New BuyersFreddie Mac is debuting a new 3 percent down payment option for qualified first-time buyers that could put it in direct competition with the Federal Housing Administrationā€™s low down payment mortgage. The mortgage financing giant announced Thursday that it is rolling out a new conventional 3 percent down payment option called HomeOne, which will not have any geographic or income restrictions. 



Study: May Is Luckiest Month for Sellers - May is the best month to sell a home nationwide, according to a new analysis by ATTOM Data Solutions, a real estate data firm. Researchers evaluated the sales of 14.7 million homes from 2011 to 2017 to pinpoint the month or date that offered the highest sales prices.


Buyers Beware: Some Home Sellers May Be Recording You - Some home sellers are using security cameras to record what potential buyers are saying when they shop. It is a privacy concern that is becoming more common. Recording what people say while they tour a home is now raising both moral and legal questions.


Trending Now: 10 Outdoor Rooms to Inspire Summer LoungingFire pits, extra-wide seating and stylish shade structures are some of the features youā€™ll find in these popular photos


How to Use Texture to Zone Your Open-Plan Home - Check out these ways to use different materials on the walls to create distinct areas in an open floor plan

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