Housing

While U.S. apartment construction activity is at a historic 50-year high, the Bay Area is seeing a drop in production compared to last year, according to RentCafe’s annual apartment construction report. Read More

Fixer-uppers may be a solution in the the hot housing market, as abodes in need of a little TLC are 32% cheaper on average than turnkey homes, according to a new study from StorageCafe. Read More

MTC's newly launched Bay Area Housing Finance Authority (BAHFA) affiliate closed its first-ever transaction, funding a $5,000 grant through its Welfare Tax Exemption Preservation Program to enable nonprofit Eden Housing to convert its recently acquired 24-unit De Anza Terrace apartment complex in Alameda County's unincorporated Ashland community to permanently affordable housing. Read More

A new report on the rental market shows the East Bay and Silicon Valley remain the most sough-after areas in the region, while San Francisco is less competitive. Read More

With hybrid work more common, live-work-play rental communities are rising in popularity, trending among Millennials locally and across the nation, according to a new report from RentCafe. Read More

MTC Commissioners and the ABAG Executive Board have voted to endorse Assembly Constitutional Amendment 14, which would dedicate 5% from the state’s General Fund each year over a 10-year period to address California’s affordable housing and homelessness crisis. Read More

As the total apartment size has decreased throughout the past 10 years, so has the amount of living space per renter in the Bay Area and across the country, according to a new study from RentCafe. Read More

With home prices reaching an all-time high of $405,000 in the United States, a new report by Point2 looks at how much square footage $400,000 buys in the nation’s 100 largest cities. Read More

Growing housing prices continues to be a concern, especially for those living in the most populous and desirable U.S. cities. And for good reason as, with the constant rise in million-dollar and luxury homes for sale, the threshold for what is considered affordable homes is getting higher as well, according to a new report from Point2Homes.com. Read More

The Bay Area Council has long advocated for a strong regional approach to addressing our housing crisis, including supporting legislation that created the Bay Area Housing Finance Authority (BAHFA). In this guest item highlighted in the council's Weekly Flash newsletter, Metropolitan Transportation Commission Chair Alfredo Pedroza and Association of Bay Area Governments Chair Jesse Arreguin outline the purpose and objectives for BAHFA. Read More