Even Techies Getting Priced Out of the Bay Area

San FranciscoAs rents and home prices have skyrocketed over the past few years, the Bay Area has become a more difficult place to live, to put it mildly. Real estate website Redfin has compiled data showing that Bay Area residents are increasingly looking to buy in other locations.

Back in 2011, 85.5 percent of people located in the Bay Area were looking for homes within the region.

Now, that figure has fallen to 75.8 percent looking locally, with growing percentages of people searching for homes in Sacramento, Seattle, and Portland. Seattle–a tech hub with more reasonable housing–has seen the biggest jump in searches, going from 1.2 percent of Bay Area searches in 2011 to 5.1 percent today.

By Tracy Elsen – Full Story at Curbed | San Francisco Gay Travel Resources

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