These were the 10 priciest neighborhoods to buy a home in the Bay Area in 2020
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A home is seen with a For Sale sign posted outside the front gates in Atherton, Calif. Thursday, July 25, 2019.Jessica Christian / The Chronicle
Atherton continued its reign during the pandemic last year as the most expensive real estate market in the Bay Area, topping even the sky-high prices of San Francisco’s most exclusive neighborhoods, a new report showed.
The San Mateo County town, which has attracted ultra-wealthy tech executives and sports figures among its home buyers, had a median sales price of $6.35 million last year, according to the report from Compass Real Estate, a residential brokerage firm based in New York.
California lawmakers vote to extend COVID-19 eviction protections through June - Los Angeles Times – January 28 - Californians facing financial hardship.
Irvine Affordable Housing Development to Offset Hot Housing Market
To meet a growing demand for housing in Orange County’s strong market, a new affordable housing development in Irvine is underway.
The Irvine Community Land Trust has almost completed its Salerno apartments, which are scheduled to open in March.
Located on the corner of Nightmist and Sand Canyon Avenue, the development will provide 80 units of affordable housing units for renters making no more than 50 percent of the area median income (AMI).
Half of these apartments will serve residents having extremely low income, veterans, individuals with developmental disabilities, and families in jeopardy of being homeless.
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Pinto believes the spread of remote work will only accelerate migration from the Bay Area. With new workplace flexibilities, tech workers have a choice between high-cost regions near their offices and low-cost regions with bigger houses and remote work. 123rf.com
Techies flock to Silicon Valley for jobs, weather, great food, art and nightlife, but for some one thing is missing: a home they can afford.
Despite high salaries and world-class amenities, San Jose is the least affordable place for tech workers to buy a home. A new analysis by the American Enterprise Institute found the typical tech worker and his or her partner – with two incomes totaling US$200,000 (RM809,100) – can afford just 12% of the homes for sale in the San Jose metro area.