Survey
Cites Many Plan San Francisco Exodus
A Bay Area Council survey released June 4, 2018
found that 46% of San Francisco
Bay Area residents plan to leave the area soon. San Franciscans cite the
Bay Area's high housing and living costs as the largest reason for wanting to
move. According to a new report from the real-estate company Redfin, Seattle is
the top out-of-state destination for Bay Area residents. Other areas include Sacramento, California; Austin, Texas;
Portland, Oregon; and Las Vegas.
The survey cites that 21% of those planning to
move would like to move “anywhere cheaper”.
It seems that a good marketing campaign is in order to lure Bay Area
dollars in our direction.
On the Easterbrook Team, we have been reporting
this phenomenon for the last 5 years on our blog. The affordability index cites that only 12%
of the residents can actually afford the median home of over $1.5M.
Are you curious to see the entire survey? CLICK
HERE
The Easterbrook Team
916.850.6050
EasterbrookTeam@spmc.com
www.homeloanworkshop.org
The Easterbrook Team
916.850.6050
EasterbrookTeam@spmc.com
www.homeloanworkshop.org
No comments:
Post a Comment