June 2019 San Francisco Bay Area Calendar of Events

DID YOU KNOW?  The median vacation home measures about 1,500sf in size, 39% paid all cash and 52% bought a detached home. Most second homes are bought in a resort area followed by a beach town, rural area, lakefront, small town or in the country. (WSJ)

DID YOU KNOW? Nearly 2.5 million seniors are expected to move out of their homes each year starting in 2035. The majority of adults 50 and older want to grow old in their current homes, but the U.S. housing stock is not equipped for them. About 43% of those 80 and older have mobility problems, according to a 2018 report from Harvard University’s Joint Center for Housing Studies, but less than 4% of homes are accessible. Is accessibility the next BIG AMENITY for developers? (Barron’s)

DID YOU KNOW? US personal income rose 0.5% in April, vs 0.3% increase expected. (CNBC)