Showing posts with label San Mateo County. Show all posts
Showing posts with label San Mateo County. Show all posts

Thursday, August 18, 2016

Bay Area Home Styles: Spotlight on the Mid-century Modern


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An Eichler-style home in San Rafael’s Terra Linda neighborhood.
This is the third installment in a series of bimonthly posts about architecture styles, each dedicated to a popular home type that can be found in the Bay Area. 
Sleek, stylish, and sophisticated, the Mid-century modern home is truly a thing of beauty. The Modernism movement spanned the 1930s through the 1970s, and the Mid-century modern home style peaked in popularity in the 1940s and 1950s (hence the name). These homes can be found all over the country, but the style was especially popular on the West Coast.
Included in the Mid-century modern category are Ranch-style, Split-Level Ranch, Contemporary, and Shed-style homes. You can read more about these substyles in this CIRCA Old Houses article. (Warning: eye candy ahead.)
Flat, low-pitched roofs; sharp angles; and an open design concept are all hallmarks of the Mid-century modern home. If you can picture the home styles highlighted in the television show “Mad Men,” you get the idea. And, speaking of “Mad Men,” we think if the Mid-century modern home was a drink, it would definitely be a well-aged scotch, served neat.
Grown-up and a bit on the serious side, the Mid-century modern home removed the frills and added a touch of the future. A pared-down aesthetic, clean lines, and natural hues are hallmarks of Mid-century modern design. And with expansive walls of glass, this style also considered outdoor space in its philosophy of the home. The indoor-outdoor living concept was new to home design in the 1950s.
Bay Area residents are likely familiar with Eichler-style homes and may have wondered why a developer became so well-known that his name has become closely associated with the Mid-century modern style. According to the Eichler Network, Joseph Eichler (1900-1974) built nearly 11,000 single-family homes in California beginning in the late 1940s.
“In Northern California, they [Eichler homes] can be found in areas in and around Marin county, the East Bay, San Mateo County, Palo Alto, Sunnyvale, San Jose, San Francisco, and Sacramento. Three small communities of Eichlers in Southern California stand in Orange, Thousand Oaks, and Granada Hills.”
Eichler homes typically feature open floor plans, glass walls, and post-and-beam construction. It is said that Eichler became intrigued with the architect Frank Lloyd Wright after living in a Wright-designed home. Wright is best known for the long, low Prairie-school style home, which stressed organic architecture.
Interested in learning more about the Mid-century modern home? This Pocket Guide to Mid-Century Modern Style is a nice resource and includes more information about furniture, color schemes, and home accessories. The Mid-Century Modernist website is a tribute to the movement and features articles about homes, culture, architecture, and interiors. Make sure to check out this HGTV page all about Mid-century Modern architecture, which covers key elements and famous examples; don’t forget to take the video tour of a home while you are there. Still can’t get enough photos of Mid-century modern homes? Browse this gallery of Mid-century Modern Homes Across America, presented by Dwell.
If you are lucky enough to live in a Mid-century modern home, congratulations on having very good taste in design. And, if you are a home shopper on the hunt for the perfect sleek beauty, we hope you will soon be dwelling in your own modern marvel.
Article and images sourced from http://blog.pacificunion.com/bay-area-home-styles-spotlight-on-the-mid-century-modern/

Thursday, December 10, 2015

Real Estate Roundup: Bay Area Sellers Net Largest Profits in the Country

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious.
HOME SELLERS IN 4 BAY AREA COUNTIES ENJOYING HUGE PROFIT MARGINSfistful_cash_sm
Bay Area homeowners who have been wavering about putting their properties on the market may want to take a serious look at the numbers from one recent industry report.
According to RealtyTrac’s most recent U.S. Home Sales Report, October sellers in Alameda County realized a 75 percent profit gain since the time they purchased their home, the most in the U.S. Santa Clara County sellers enjoyed the nation’s second-largest profit margin, at 61 percent, followed by San Mateo County at 58 percent. The company notes that Contra Costa County home sellers also did quite well, pulling in profits of 48 percent.
Across the country, the average home seller took in a profit of 16 percent since the time of purchase, the most since December 2007, just before the country plunged into the Great Recession. RealtyTrac says that more than one-third of major U.S. real estate markets have reached historic price highs at some point in 2015.

LOCAL TECHIES PULLING IN BIG-TIME BANK
The average Bay Area tech worker earned three to five times the national wage last year, boosting purchasing power in one of the nation’s most expensive real estate markets.
SFGate reports that the average tech worker in San Mateo County took home $240,633 in 2014, the highest in the nation. Techies earned $211,874 in Santa Clara County, $176,275 in San Francisco County, and $121,747 in Alameda and Contra Costa counties. Nationwide, the average wage was $51,364 in 2014,
But as the article points out, those numbers can appear artificially high given that they include money from sources such as severance pay and stock options. For instance, San Mateo County’s average wage was actually down 23 percent from 2013 when it was skewed by a $3.3 billion stock-option gain by Facebook’s Mark Zuckerberg.

BAY AREA RENTS CREEP HIGHER IN NOVEMBER
Rent prices that won’t stop rising continue to squeeze tenants in San Francisco and Oakland, although those in San Jose got a bit of momentary relief last month.
In its November National Rent Report, Zumper puts the median monthly rent for a one-bedroom unit in San Francisco at $3,670, up 1.4 percent from October and the highest in the U.S. for many months running. Across the Bay in Oakland, one-bedroom rental costs rose 3.8 percent month over month to $2,160, the fifth highest in the country. On a yearly basis, rents were up by 13.7 percent in Oakland and 8.9 percent in San Francisco.
In San Jose, the nation’s fourth most expensive rental market, prices dropped 4.0 percent from October to $2,180 but were up by 14.7 percent on an annual basis.

PANTONE TO HOME DESIGNERS: JUST RELAX
Home design and décor trends will get a serious dose of mellow over the next few years if color authority Pantone has anything to say it about.
As it has done every year since 2000, the company announced its annual color of the year, but this time, it chose a pair: Serenity (a baby blue) and Rose Quartz (a light pink). In a press release, Pantone said that the shades are intended to “embody a mindset of tranquility and inner peace” and act as “an antidote to the stress of modern day lives … that psychologically fulfill the yearning for reassurance and security.”
Pantone offers multiple suggestions for how to use this chilled-out duo in interior design: rugs, upholstery, tableware, and decorative home accessories.
Article and images sourced from http://blog.pacificunion.com/real-estate-roundup-bay-area-sellers-netting-largest-profits-in-the-country/