Perpetual Homes Builds the Future of Housing
February 2, 2024
California is facing a housing shrtage estimated at 2.5 and 3.5 million homes.
America is short around six million homes, which is a big reason why home prices are still high. California is one of the most housing-constrained markets for years.
Bay Area listings in 2023 were below historical norms. There’s no reason to think that will change in 2024. California is known to build 250,000 homes per year, which has exceedingly fallen short of demand. Last year, there were only 70,000 single-family home permits issued throughout California. Sellers keep the upper hand.
With SB 1211, California sets an example for the nation by empowering owners to expand affordable housing options.
Experience affordable multigenerational living at its finest. Perpetual Homes builds single-family, duplex homes and accessory dwelling units. In response to the housing challenges faced by Californians due to low inventory, high prices and increasing interest rates, ADUs have emerged as a creative solution. Leading the way in providing sustainable turnkey backyard homes is Danville-based Perpetual Homes, a company committed to enhancing property values and addressing the demand for housing solutions. Since 2019, Perpetual Homes' experienced team have been actively involved in delivering eco-friendly and sustainable ADUs throughout the Bay Area. From initial site inspection and permits to construction, utility connections, site cleanup, and final inspections, the company manages every aspect of the project. Founder and President Katherine Anderson's vision revolves around factory-built, award-winning designs using sustainable materials. Recognizing the housing shortage issue, Anderson emphasizes that by some estimates, California is 3.5 million housing units short, contributing to the overall national deficit of around 6 million homes. More households have been formed than homes built over the past decade. California accounts for about half of the national shortage of homes. California's new ADU laws aim to address the housing deficit by allowing the construction of units up to 1,000 to 1,200 square feet, reducing setbacks to 4 feet, waiving certain permitting requirements, eliminating owner-occupancy restrictions, reduced development fees for units under 750 square feet, and implementing a streamlined 60-day review and approval process. Multi-family properties are also eligible for up to two detached ADUs. Under Senate Bill 9, homeowners are allowed to build up to four additional units on their existing lots.
Owners are taking advantage of statewide changes to turn underutilized spaces into revenue-generating apartments
As Bay Area housing options shrink, ADUs’ popularity grows
Perpetual Homes residences help with housing supply J6
Discover how Perpetual Homes is at the forefront of ADU innovation, offering expert insights and solutions to navigate the complexities of AB1033. Whether you're a homeowner looking to maximize your property's potential or a developer seeking to capitalize on this emerging market, join us as we explore the opportunities presented by AB1033 with Perpetual Homes ADU.
From zoning regulations to building codes, discover how Perpetual Homes is navigating the nuances of AB 1033 to provide homeowners with innovative ADU solutions. Whether you're a homeowner, developer, or simply curious about the future of housing in California, join us as we unravel the complexities of AB 1033 and its implications for ADU development
