New Home Builders

Atherton police, residents using ‘bait houses’ to catch burglars – NBC Bay Area

The affluent Peninsula town of Atherton is using a very unique method to catch burglars. Atherton has had a dramatic rise in home burglaries this year, double the rate of last year. It is also one of the most expensive towns in the country. Recently, the Atherton Police Department came up with the idea of turning about 50 homes into “bait houses.” NBC Bay Area has decided not to show any of those homes involved in this story. But the bait is out there and waiting. “What we’re doing is…

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You can own prime property in this Bay Area city for $400000 but there’s a catch… – KGO-TV

ALAMEDA, Calif. (KGO) — It’s one of the most stressful and expensive things you can do in the Bay Area. For many, house hunting can be a nightmare. But in the city of Alameda, one property is hitting the market for only a couple hundred thousand dollars. RELATED: For the first time, median price for a home in California surpasses $900,000 The catch… it’s entirely underwater. “One of the neighbors contacted me and said, ‘oh is this a joke?’ And I said, no it’s not a joke. Someone bought it…

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New Home Builders

Startup helps Bay Area homeowners split their properties to add new housing – CBS San Francisco

SAN JOSE — Gail Tremaine and her husband bought their San Jose property in the late 1970s. It’s where they want to age in place. “You know we all need a place to get away and be able to relax and decompress and this does it for me. So always has,” Tremaine said. There’s a plethora of trees to prune. So many of them that they wanted to split their lot decades ago, but it wasn’t legal until two years ago, when Senate Bill 9 (SB9) gave homeowners a green…

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San Jose office tower is turning into high-rise housing – OCRegister

SAN JOSE — Wide-ranging work is underway to convert a well-known San Jose office tower into housing, a project that could enable rentals of the future residences to begin sometime in 2025. The project aims to remake the Bank of Italy historic office tower downtown into a residential high-rise with at least 100 apartments. If completed, the transformation would be one of the first successful office-to-housing conversions in the Bay Area. In the wake of the coronavirus pandemic and facing a sluggish commercial real estate market, a number of developers…

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