Real Estate

Home front: Housing-market exodus; Eichlers on exhibit

The latest in the local home and garden scene

A roundup of local home and garden news and events, including a recent poll on many people moving out of the Bay Area due to high housing costs, an upcoming exhibit on Eichler homes.

HOUSING-MARKET EXODUS... Nearly half of those surveyed in the Bay Area are thinking about moving out of the area, citing high housing costs as a top reason, according to the annual Partnership Silicon Valley Poll released this month by the Silicon Valley Leadership Group and Bay Area News Group. Of the 1,568 registered voters polled in Alameda, Contra Costa, Santa Clara, San Mateo and San Francisco counties, 44 percent said they are "likely" to move out of the Bay Area in the next few years, and 14 percent said they have definite plans to leave in 2019.

In Santa Clara County, 60 percent of those surveyed believe the quality of life has gotten worse over the past five years with 80 percent citing housing costs as their top concern followed by cost of living (79 percent) and traffic congestion (76 percent). Despite concerns about housing costs, county residents remain divided on how to solve the issue with about 41 percent supporting a new regional proposal to tackle the housing crisis and 44 disapproving the idea. According to the Leadership Group, the area's home median price rose 15 percent between October 2017 and October 2018, compared to gains of only 2 to 5 percent in other similar regions with innovation hubs.

EICHLERS ON EXHIBIT ... Those looking to get a firsthand look inside of some of the area's midcentury modern homes from an earlier era will have the opportunity on Saturday, May 4, during the Eichler-inspired Home Tour, which will showcase five homes in Palo Alto and Sunnyvale designed by Joseph Eichler. Sponsored by Klopf Architecture, Keycon and Erdal Swarzt Team, the event provides tour-goers the opportunity to meet the owners, learn about their remodels, exchange ideas and share tips with Eichler enthusiasts and experts. Advance tickets currently are on sale for $8 and can be purchased at Proceeds will support Habitat for Humanity.

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