Asking Prices Drop in San Francisco, Expectation Gap as Well
With the number of homes on the market in San Francisco nearing a two-decade high, a move which shouldn’t have caught any plugged-in readers by surprise, and the asking price…
Single-Family Home Inventory Just Hit a 9-Year High in S.F.
Despite some misreports to the contrary, the market for single-family homes in San Francisco hasn’t become detached from the market for condos. While the market for condos tends to be…
Rental Concession Ante Just Raised Again in San Francisco
In a move that shouldn’t catch any plugged-in readers by surprise, with rents continuing to tumble and vacancy rates on the rise, Related has just upped the rental concession ante…
Pending Home Sales in the U.S. Hit a Record High
Having ticked up 5.9 percent in July, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, rose…
Small Business Eviction Can Kicked Down the Road
With Governor Gavin Newsom having inked an extension of Executive Order N-28-20 last week, which will allow local jurisdictions in California to continue banning the eviction of commercial tenants impacted…
San Francisco Rents Just Dropped Even More
Having slipped under $3,600 in August, the weighted average asking rent for an apartment in San Francisco has just dropped to under $3,400 a month, which is down nearly 6…
Number of Homes for Sale in San Francisco Jumps
Having ticked up another 8 percent over the past week, the number of homes on the market in San Francisco, net of new sales and contract activity, has jumped over…
Rents in San Francisco Drop Even More, But…
Having slipped to just under $3,600 last month, the weighted average asking rent for an apartment in San Francisco has since dropped another 5 percent to $3,425, which is now…
Bay Area Employment Still Down by 400K, Labor Force Dropping
While the estimated number of people living in San Francisco with a paycheck increased by 5,900 in August to 515,900, the labor force shrank by 7,800 to 565,700 for an…
Asking Rents in Oakland Drop, Listings Jump
Having slipped last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in Oakland has since dropped nearly 5 percent to…