Articles Filed Under: Breaking News

(997 posts)
There Were 365 Tenant Buyouts in SF Last Year, One Hit $325K

There Were 365 Tenant Buyouts in SF Last Year, One Hit $325K

Landlords in San Francisco negotiated and inked a total of 365 legally reported buyout agreements with tenants last year, as mapped above, down slightly from 379 in 2018. For the second year in a row, the Mission was the San Francisco neighborhood with the most reported buyouts (53), now... Read More »

Babies Kept San Francisco’s Population from Falling in 2019

Babies Kept San Francisco’s Population from Falling in 2019

Having really slowed its roll last year, the estimated population of San Francisco proper continued to grow at an annual rate of 0.3 percent in the first half of 2019 and hit a record high of 889,360 as of July 1. That being said, for the first time in... Read More »

Index for Bay Area Home Values Drops Despite Gains Nationwide

Index for Bay Area Home Values Drops Despite Gains Nationwide

Having turned negative last month, 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 – has shed another 0.6 percent, an outcome which shouldn’t catch any plugged-in readers by surprise. As such, the... Read More »

Judge Denies Request to Block Navigation Center

Judge Denies Request to Block Navigation Center

Having been denied a restraining order to halt construction of the temporary Navigation Center which is being assembled upon the Port’s parking lot parcel known as Seawall Lot 330, adjacent to the Watermark and across from Piers 30-32 along the Embarcadero, the neighborhood group fighting to block the opening... Read More »

35 Percent of San Francisco Residents Now Say They’re Likely to Leave

35 Percent of San Francisco Residents Now Say They’re Likely to Leave

According to the City of San Francisco’s latest City Survey, the percentage of San Francisco residents who say they are either “somewhat” or “very” likely to move out of the city in the next three years is up to 35 percent. That’s up from 27 percent two years ago,... Read More »

The Fed Just Cut Rates (For the Third Time This Year)

As predicted, the Federal Reserve just cut the benchmark Federal Funds rate by another 25 basis points (0.25 percentage points), the third such rate cut this year. Having dropped its benchmark rate a total of 5 percentage points between August of 2007 and the end of 2008, a move... Read More »

Appreciation for Bay Area Homes Turns Negative

Appreciation for Bay Area Homes Turns Negative

For the first time since early 2012, 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 – has dropped on a year-over-year basis, an outcome which shouldn’t catch any plugged-in readers by surprise.... Read More »

Crime Down, Legal Motions Up, Surrounding Navigation Center Site

Crime Down, Legal Motions Up, Surrounding Navigation Center Site

Having been denied a temporary restraining order to halt construction, the neighborhood group fighting to block the opening of a temporary Navigation Center upon the Port’s parking lot parcel known as Seawall Lot 330, adjacent to the Watermark and across from Piers 30-32, has just filed a new legal... Read More »

Bay Area Unemployment Rates Drop to Record Lows

Bay Area Unemployment Rates Drop to Record Lows

Benefiting from a seasonal bump in the onboarding of new graduates, the number of people living in San Francisco with a paycheck increased by 7,100 in September and now totals a record 580,800. And with a labor force of 591,400, the unemployment rate has dropped to a record low... Read More »

Tower Under Construction Put on Hold

Tower Under Construction Put on Hold

Oceanwide Holdings has officially suspended development of one of the two Oceanwide Center towers under construction at First and Mission Streets. While development of the faceted, 910-foot-tall tower fronting First Street, which will yield 109 condos over 1.1 million square feet of office space and a ground floor “urban... Read More »