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 dropped around 2 percent in March to $4,000 a month, which is around 1 percent lower on a year-over-year basis and 10 percent below its... Read More »

In addition to extending the existing ‘stay-at-home’ order for Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties through May 3, 2020, the revised order explicitly tightens its restrictions in five significant ways (including the shuttering of non-essential construction projects, which includes hotels): (1) When people... Read More »

Having ended last year up 2.1 percent on a year-over-year basis but 1.3 percent below peak, 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 – slipped another 0.5 percent in January, which... Read More »

Having been downwardly revised by the State at the start of the year, the estimated number of people living in San Francisco with a paycheck inched up by 1,100 in February to 574,100, which was 7,400 more employed residents than at the same time last year, with an unemployment... Read More »

The estimated number of people living in San Francisco with a paycheck slipped from a (downwardly-revised) record 578,100 in December to 573,000 in January with typical seasonality in play.  But if the preliminary January figure holds while the State refines its model, the number of employed residents in the... Read More »

Having eked out a 0.2 percent gain last November, 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 – was unchanged in December, ending the year up 2.1 percent on a year-over-year basis... Read More »

While the weighted average asking rent for an apartment in San Francisco ticked up in January, it has since slipped a percent to $4,100 a month and is now running around two (2) percent lower on a year-over-year basis and 8 percent below its 2015-era peak of around $4,450... Read More »

Having dropped a little over 5 percent at the end of last year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has since ticked up around 3 percent to $4,150 per month. That being said, the... Read More »

The number of people living in San Francisco with a paycheck was effectively unchanged from November to December and is now holding around a record 580,000 with an unemployment rate of 1.9 percent. As such, there are now 6,200 more people living in the city with paychecks than there... Read More »

As we outlined early last year, the refined plans for a seven-story building to rise up to 75 feet in height upon the Berkeley Touchless Car Wash and gas station site at the intersection of Kittredge, Fulton and Oxford Streets have been drawn. As designed by Kava Massih Architects,... Read More »