Do 46% of Bay Area Residents really want to sell their home? – By Mike Kenyon

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Recently in the news a study came out that 46% of residents in the Bay Area wanted to move out of the area.  This has lead to quite a bit of speculation that there will all of a sudden be more housing.  When I am out and about talking to people, as I do every day, I can tell you that nearly all the homeowners I speak to do not want to leave the area so this 46% stat is very misleading.  The best conclusion to this is most of the people who own a home in the area are here to stay while the individuals who are renting and may not be able to afford a home are who really make up a lot of this 46%. 

- By Mike Kenyon