Articles Filed Under: East Bay

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Signs of Weakness in Oakland’s Rental Market Emerge

While rents in Oakland held relatively firm over the past quarter, particularly in relation to the market in San Francisco, signs of weakness are starting to emerge. In addition to an uptick in listing activity over the past couple of weeks, the weighted average asking rent for an apartment... Read More »

Index for Bay Area Home Values Inches up to a New High, But…

Index for Bay Area Home Values Inches up to a New High, But…

Having ticked up an upwardly revised 2.1 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up another 0.7 percent in April to a new all-time high, but... Read More »

Number of Bay Area Unemployment Claims Hits a Million (YTD)

Number of Bay Area Unemployment Claims Hits a Million (YTD)

Having climbed to over 57,500 in April, the number of San Francisco residents that filed a new/initial unemployment claim dropped to 24,243 in May. That being said, the number of employed people residing in the city has continued to decline and over 133,000 new unemployment claims have been filed... Read More »

Bay Area Unemployment Rate Drops with Labor Force Decline

Bay Area Unemployment Rate Drops with Labor Force Decline

Based on employment data through the second week of May, the estimated number of San Francisco residents with a paycheck has dropped by over 92,000 over the past three months to 481,500, while the labor force has shrunk by over 36,000 to 550,900, for an unemployment rate of 12.6... Read More »

Asking Rents in San Francisco and Oakland Are Down

Asking Rents in San Francisco and Oakland Are Down

Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since the end of February to $3,950 a month, which is down over 7 percent on a year-over-year basis and... Read More »

Index for Bay Area Home Values Hits a New High, But…

Index for Bay Area Home Values Hits a New High, But…

Having ticked up an upwardly revised 1.2 percent in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked up nearly two (1.8) percent in March to a new all-time high.... Read More »

Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks

Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks

Based on employment data through the second week of April, at which point the ongoing impact of the COVID-19 pandemic was still picking up steam, the estimated number of San Francisco residents with a paycheck has dropped by nearly 92,000 over the past two months to 482,100 and the... Read More »

Bay Area Unemployment Claims Continue to Climb

Bay Area Unemployment Claims Continue to Climb

Having already rocketed to over 44,300 in March, versus having averaged around 3,500 a month over the previous six years, the number of San Francisco residents that filed a new/initial unemployment claim climbed to over 57,500 in April, for a total of nearly 110,000 initial claims for San Francisco... Read More »

Listings for Apartments in San Francisco and Oakland Jump

Listings for Apartments in San Francisco and Oakland Jump

Having slipped around 3 percent in the first quarter of the year, the weighted average asking rent for an apartment in San Francisco is currently holding at around $4,000 a month, which is around 3 percent cheaper than at the same time last year and 10 percent below a... Read More »

Key Changes to the Bay Area’s Extended ‘Stay-at-Home’ Orders

The existing ‘stay-at-home’ orders for Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties, which were slated to expire at 11:59 pm on May 3, have just officially been extended “through the end of May.” The newly extended orders, however, will allow all previously shuttered construction projects... Read More »