Bay Area’s Crisis on Affordable Housing

The Liveliest City in Bay Area

The City of San Francisco is known as one of the best cities in the whole world. It is also considered as the Bay Area’s liveliest city with its large population placing second as a most-densely place in the country. 2014 Population Survey shows the city has 807,755. The majority of neighborhoods are filled with business and industry that welcome diverse patrons from different parts of the world. Civic institutions and society groups are also active in catering the needs of international clients who visit the place. It is also the seat of financial, transportation and cultural in Bay Area. The city is the center of numerous financial companies which offers positive growth on the living conditions of residents.

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San Francisco is also known as “Everybody’s Favorite City” because of its natural scenery, unforgettable nightlife experience, and world-class dining cuisine. Theater and arts add up to the excitement of living with its world-class opera plays, symphony and ballet shows. Premieres of plays and shows are also done in San Francisco before their showing in Broadway. It is also one of America’s greatest shopping and dining destinations.

The land which measures 49 square miles is very easy to enjoy while walking with friends and family. You can easily reach and enjoy important San Francisco landmarks such as Golden Gate Bridge, Alcatraz, and Chinatown in the United States. Strolling down the streets will lead you Union Square, the Castro, Fisherman’s Wharf, North Beach, Mission District and Japantown. You will enjoy the wonderful views of San Francisco Bay and the Pacific Ocean on a foggy day which brings romantic mood for lovers.

San Francisco welcomes lesbian and gay culture with open arms. It has a large population of third sex which contributes to art, fashion and entertainment scenes of the city.

Other reasons why San Francisco is Bay Area’s liveliest city:

•    It is the best place for singles. Statistics show that 39% of San Francisco residents are unmarried. Whether they remain single by the choice of not, it is the place to look for lifetime partner or enjoy singlehood.
•    It offers lots of jobs for jobseekers. With diverse activities in the city, there are lots of possible jobs for those who want to work. It has an unemployment rate of 4. 40 %.
•    It claims the trophy for being the coldest place during summertime. It is best for those who do not want really hot summer.
•    It is the happiest city in the United States. With all fascinating sceneries, attractions and people around, who would not be happy?
•    It has plenty of unique history especially being catapulted from a small village to a major city because of 1849 Gold Rush.
•    It has the most efficient cable car system.
•    Over-all transportation guarantees 30 minutes average commute time.
•    It is the best baseball city for World Series Championship and home to many professional athletes and sports heroes.
•    It boasts of well-educated residents. The city schools are spending $15,789 for every student. The ratio is 19:1 pupils per teacher. There are 949 students per counselor and 1,927 per librarian to ensure a better quality of knowledge and emotional support.
•    Residents enjoy a healthy lifestyle. Air quality is 93 on a scale of 100 while water quality is 47 using the same scale. Pollution or Superfund index measures 80 on a scale to 100. For every 100,000 residents, there are 639 attending physicians.

The State of Real Estate Market in San Francisco Bay Area in 2015

San Francisco City’s larger part of the San Francisco Bay Area has over seven million people, with a diverse and cosmopolitan population. The San Francisco Bay Region is roughly the size of the State of Connecticut, at 4,603 square miles. It is characterized by its most dominant feature, the San Francisco Bay Estuary which is the largest estuary in the west coast of United States and where fresh waters from California’s Central Valley mixes with the Pacific Ocean’s.

Nine counties make up the bay area with an approximate combined population of 7.4 million. The bay area is a well-developed region with several towns, parks and airports. Moreover, the Bay Area is home to many large companies, some even belonging to Fortune 500. Also, it has been reported that the San Francisco Bay Area is the only place in California where the number of people migrating in it are actually greater than the number of people leaving it.

Because of these reasons, the real estate market in the San Francisco Bay Area starts to grow significantly. In 2011, the San Francisco residential real estate market gained its turning point as the supply and demand situation as well as general economic conditions began to change. The area’s market for residential houses started to accelerate dramatically in 2012 and continues to do so in 2013. The market stabilized by the latter half of 2013 but it did not take long as the market in early 2014 dramatically increases once more. By the latter half of 2014, prices starts to decrease on neighborhoods that are in the higher-end while prices for more affordable districts continued to increase.

Now we move forward to the state of the real estate market in the San Francisco bay area in 2015. In a February 2015 report, that house and condo median prices significantly increased in an all-time high at $1,250,000 and $1,100,000 from $912,000 and $835,000 in 2013, respectively while the Tenants in Common (TIC) also increased to $925,000 from $653,000 in 2013.

However, the February 2015 has also a notable decrease in resale volume of houses compared to condos and TIC’s. This significant decrease in house turnover in the Bay Area in 2015 means that house owners within the area generally live in their homes longer now before selling. This results to a lower percentage of house sales relative to the total sales of real estate properties within the area. Condo resale also declined, although not as drastic as with the houses. It is important to note these reports to the state of the real estate market in the San Francisco bay area in 2015 as these indicates that the plunge in sales of properties are due to a lack of supply, and not as a lack in demand.

We can deduce from the February 2015 report that the increase in price of real estate properties is due to the lack of properties up for sale in the area. Since there are only few houses up for sale, and there is a great demand for properties, market prices tend to significantly increase as well. In the San Mateo County for example, only 329 homes were up for sale in the market in February, making it the lowest number for that month since at least 1998.

There are many factors that could account to this current trend in the state of real estate market in the San Francisco Bay Area in 2015. The first and most common reason is that home owners are afraid to sell their homes and put in the market because they think that it would be harder for them to find another one they could buy within the bay area. Even if they do well in selling their property, they are terrified to enter the market as buyers since the trend dictates that they could not find a place they could move into. Thus, they just stick with their homes for a longer time instead of selling them.

Another factor in the decrease of supply is that post-foreclosure sales are also decreasing as well. TIC which is one of the more affordable options, in which two or more parties has a shared ownership on the property, has also plummeted due to aggressive changes in tenant-eviction and condo-conversion laws. Lastly, some owners would purposely put their properties away from the market for now thinking that the prices would eventually increase dramatically in the future. This is a great business strategy since if it does happen and market prices continue to grow, then owners would enjoy a larger profit than they would if they sell it today.

What’s Happening in the Bay Area Real Estate Market?

The Bay Area’s Best Cities for Young Singles

This article will show you San Francisco’s Bay Area’s best cities for young, single people.

Note that the term ‘single’ here defines people who are not yet married. Additionally, the sexuality or partner preference were not considered. This means that if there are a lot of men available in an area, there is a possibility that some of these men are not interested in women.

Either you are looking for the One or merely the Next One, this article will guide you where to look for that person in the Bay area.

Unmarried Individuals

Obviously, the number of singles in a city can be measured through counting the unmarried people. The more unmarried individuals in a city, the more chances that the singles can interact and have fun with one another.

In certain cities in the Bay area, most of them are comprised with more single people than married ones. The percentage of single people ranges from 63 to 68 percent. More single people means more reasons to go out and mingle.

Does Age Matter?

Obviously, the focus of this article is on the young singles. Sure, there are a number of eligible bachelors and bachelorettes in their forties, fifties, and even sixties. However, it is easier to stick with the younger generation of singles for a couple of reasons. Young people have more time to get around cities and look for someone to have fun with. On the other hand, older people tend to have more priorities in their lives than dating. Ergo, this article is for young singles. No more arguing.

So what is the usual age bracket of young singles? It will range between 20 and 30. If you are amongst these people, please read on.

Fontana, San Bernardino, and Santa Ana has the most number of young people. Unfortunately, San Francisco has the most number of old people. Note that this only concerns the people between the ages 20 and 30. It is not the number of young AND single people.

Where to Mingle

Single people do what single people can – they know how to party and have the best time. Yes, many single people may not be interested in parties, clubbing, and dancing the night away. However, the active night life of a city will determine the abundance of fun and single people to socialize and mingle with.

Los Angeles garnered the highest number of clubs and bars throughout the Bay area. With more than 6000 clubs and bars, you will surely bump into your fellow singles. Lancaster, on the other hand, is unfortunate to have only 95 bars. Seems like Lancaster is not a great choice to find someone special.

Romantic Night

Romantic restaurants are not for married couples only. In fact, these romantic locales are often visited by singles for their next romantic dates. A great restaurant adds to the success of a date.

San Francisco and Los Angeles both have numerous restaurants perfect for a romantic date. Once again, Lancaster polled last in having the number of romantic restaurants. Seriously, how do single people in Lancaster survive? If you are single and living in Lancaster, you better plan of relocating if you want to find a date.


So, what are the cities in the Bay area that are highly recommended for singles? With these criteria in mind, the best cities in the Bay area for young singles include: Sacramento, Oakland, and Anaheim. Next comes Santa Ana and San Francisco.

The Bay Area’s Best Cities for Families with Children

Young families are looking for a place to live take more factors into the equation. Low unemployment, safe streets, affordable housing, growth, and reasonable living costs are basic criteria while great schools, vast parks, outdoor activities, and attractions for children usually clinch the deal.

Many young couples find the San Francisco Bay Area a great place to start their search for a family home. Families living in the bay area enjoy the advantages of a terrific weather, cultural offerings, and a great outdoor life with fantastic beaches, world-class ski facilities, and vast parks and spaces.

The Bay Area boasts of beautiful cities with amazing living potential for young families and it is worth discovering what these cities have to offer.

Here’s a list of the Bay Area’s best cities for families with children:

1. Clovis

Clovis stands out with highly-ranked schools, affordable housing, and great quality of life for its residents. It is a thriving community with family-friendly activities like Friday night farmers markets during summer and the annual citywide rodeo. The BIG Hat Days in April attracts thousands of people to downtown for its great food, music and art. It boasts of vast acres of parks and open spaces and the nearby Chafee Zoo which is accessible by taking a short tip to Fresno.

In 2013, Clovis’ population was 99,769 with a median age of 35.3 years.

The high school graduation rate for the school year 2011-2012 was 92.6% while the average GreatSchools rating was 8. The Clovis Unified School District accommodates gifted children through its accelerated learning program.

The 2013 median price for all housing types was $219,392.

Estimated median household income is consistently on the rise and was reported at $65,095 in 2013, way up from $42,283 in 2000.

2. Folsom

Folsom is home to strong schools, parks, and 32 miles of bike trails and is considered as one of Bay area’s best cities for families with children. Families can share hours of outdoor fun at Castle Park or enjoy ice skating at historic Sutter Street Ice Rink during winter.

In 2013, Folsom’s population stood at 73,098 with a median age of 39 years.

Folsom High School obtained a GreatSchools Rating of 9 and had a high school graduation rate of 98.4% in 2011-2012. Vista del Lago High School had a GreatSchools rating of 9 and had graduation rates of 99.2% in 2011-2012.

The 2013 median price for all housing types was $378,360.

Folsom is a haven for job seekers because it hosts Intel’s research and development office. It is home to the corporate office of Jadoo Power and Verizon. Estimated median household salary was $97,196 in 2014, up from $73,175 in 2000.

3. Dublin

Dublin is a suburban neighborhood in the east hills where residents enjoy hiking, biking, or riding their horses on nearby trails. In 2013, the average median home value was $580,522 while the population was 52,105 with a median age of 36.4 years.

The average GreatSchools rating for Dublin is 9. Dublin High, one of the highly ranked schools in the district launched a performing arts center as part of its campus improvement project.

The community is served by the BART train line and residents have easy access to San Francisco jobs. Median household income in 2013 was $115,695, a huge leap from $77,283 in 2000.

4. Ridgecrest

Ridgecrest, a Kern County city

Ridgecrest, a Kern County city is a perfect place for outdoor lovers because of the light traffic in the area and its proximity to the mountains, including Death Valley. In 2013, the median home value was $183,882 while the population was recorded at 28,600 with a median age of 34.5 years.

The average GreatSchools Rating for Ridgecrest is 7.

The estimated median household income in 2013 was $58,108, up from $44,971 in 2000.

5. Rocklin

Rocklin is a quiet suburb with affordable housing, making it an attractive area for many families. In 2013, its average home value was $329,490 while its population was posted at 59,738 with a median age of 36.1 years.

Several community schools made it to the list of California Distinguished Schools, including Breen Elementary and Valley View Elementary. The average GreatSchools Rating for Rocklin schools is 9.

Rocklin residents enjoy long-term stability and rising income. In 2013, the estimated average household income was $77,670, up from $64,737 in the year 2000.

6. Orinda

Orinda is part of the portmanteau “Lamorinda” along with Lafayette and Moraga, which is recognized for having strong school districts. Orinda hosts the California Shakespeare Theater where residents enjoy year-round shows. In 2013, the average home value is $519,820 while the population was 18,681 with a median age of 46.5 years.

The average GreatSchool rating for Orinda is 10. There are summer programs for 8 to 18-year-old children at Summer Shakespeare Conservatory where they get to participate on an adapted Shakespeare play on the last day of class. High school students are given opportunities to learn backstage works like props, lighting and costumes.

A short train commute takes residents to San Francisco Bay Area hubs. Estimated average household income n 2013 was $165,155, a huge leap from its 2000 figures of $117,637.

7. El Dorado Hills

El Dorado Hills

El Dorado offers a relaxing respite from the metropolitan hustle with recreational activities like golfing and sailing. It is focused on providing good family life and education for its students. Holiday events are organized throughout the year for kids, and there are over 100 acres of parks for the enjoyment of its residents. In 2013, the population was recorded at 42,108 with a median age of 41.8. The average home price is $384,319.

El Dorado schools obtained an average GreatSchools rating of 9.

The estimated average household income in 2013 was $105,401, up from $93,483 in 2000.

8. Granite Bay

Granite Bay is a quiet and upscale residential city. Its community association offers a range of activities and events for its residents such as gardening club meetings and farmers markets. Estimated median home price is $391,677. In 2013, its population was recorded at 20,402 with a median age of 45.2 years.

This stable community is known for having strong schools. The district was recognized for its high scores in 2013 API. Granite Bay schools obtained an average GreatSchools rating of 9.

Estimated average household income in 2013 was $128,203, a huge leap from its 2000 figures of $98,762.

9. Roseville

Roseville is known for its Sacramento area shopping malls and a lively downtown. Navigating around the area is a breeze with its roads, ample parking lots, and new sidewalks, reflecting the growth that the area has been enjoying in recent years. Families can visit farmers markets at Downtown every Tuesday Nights and watch live bands perform in May, June, and July.

In 2013, Roseville’s population was 127,035 with a median age of 37.4 years. The estimated average home price is $319,911.

Roseville schools obtained an average GreatSchools rating of 8.

The estimated average household income in 2013 was $75,153, up from $57,367 in 2000.

10.Walnut Creek

Walnut Creek is an affluent community that has recently witnessed a deluge of young professionals who are finding better options for urban living in the downtown area. A variety of retail stores at Broadway Plaza serves the needs of the residents.

Residents of Walnut Creek bask in its vast open spaces from bike trails to gold courses. It is home to Diablo Foothills, Castle Rock, Mount Diablo State Park, and Heather Farm Park and gardens.
The median home price in Walnut Creek is $576,448. Its 2013 population was 66,900 with a median age of 47 years.

Walnut Creek enjoys a high GreatSchools rating of 9.
In 2013, the estimated household income was $75,759, up from $63,238 in 2000.

Tips For First Time Home Buyers In Bay Area California

The Bay Area’s Best Cities for Retired People

Planning to retire soon? Looking for the best place to retire is not at all a difficult task if you know where to look. The Bay area will surely offer you the best cities for retirement. It is one of the best areas to spend your retirement. This article will determine the ideal cities for retirement within the Bay area. Choose the one that will suit your lifestyle and needs.

The Bay area’s tapestry of varied and unique culture makes it a perfect destination for retired people. It is full of life, fun activities, and rich culture. Most often than not, the best cities for retirement are selected based on affordability of living. However, this is not the only significant factor.

The Bay Area’s Best Cities for Retired People

The affordability and accessibility of healthcare programs are as important as an affordable lifestyle. Retired people would want to have access to the best healthcare program in the Bay area. Additionally, retired people need to stay active and acquainted with other retirees. Be sure that the retirement community offers an active lifestyle and other recreational activities.

The best cities in the Bay area for retired people are San Francisco and California. They are perfect for retired people to spend their retirement plans. These places contain a lot of retirement communities for retired people to choose from.

First off, California’s Walnut Creek is known as an ideal place for retirement. It is conveniently located at the East Bay, situated near San Francisco. Retired people can enjoy a lot of fun activities in Walnut Creek. With its accessible and numerous parks, bike trails, art galleries, theaters, and even golf courses, Walnut Creek is surely the best choice for retirement.

Housing in Walnut Creek is approximately $430,000 – a bit pricey than most retirement communities. However, there are various forms of transportation that will make commuting to and fro San Francisco easier. By choosing Walnut Creek, retired people can enjoy both the leisure of living in California and San Francisco. Immerse yourself in the cultures, arts, and people of these great places.

Another great retirement community to consider is Palo Alto. It is a town in San Francisco known for its nearby colleges and youthful vibe. Most residents of Palo Alto are students and young professionals. However, Palo Alto also offers an extremely upscale and luxurious retirement community.

palo alto

Retired people are offered with the luxury of retirement. Some of the most elegant retirement communities are found in Palo Alto. Retirees can enjoy guilt-free and healthy food. The meals served are low in fat, salt, and sugar. Retired people will not have to worry about health-threatening foods. Lastly, Palo Alto is also accessible to San Jose and Pacific Coast.

Surely, both San Francisco and California offer the best retirement locations for retirees. Whichever you choose among the two, be sure that it is highly accessible to most places in the Bay area in order to maximize your stay there. Also, it is great for retired people to participate in most activities and programs in each retirement community.

San Francisco Bay Area Real Estate