Articles Filed Under: East Bay

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Bay Area House Values Hold, Condos Slip, Again

Bay Area House Values Hold, Condos Slip, Again

Having held in December, 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 0.2 percent in January for 9.1 percent year-over-year gain versus a 11.2 percent year-over-year gain nationally. At... Read More »

Asking Rents in Oakland Tick Up

Asking Rents in Oakland Tick Up

While the weighted average asking rent for an apartment in San Francisco has continued to inch down, despite some recent misreports to the contrary, the weighted average asking rent for an apartment in Oakland has inched up around 2 percent over the past month to a four-month high of... Read More »

Over 320,000 Bay Area Jobs Have Been Recovered, But…

Over 320,000 Bay Area Jobs Have Been Recovered, But…

Having dropped in January, the number of people living in San Francisco with a paycheck increased by 7,100 in February to 510,200, which is 31,500 more employed people than there were last April, at the height of pandemic unemployment locally, but still 60,600 fewer employed residents than there were... Read More »

Muted Appreciation for the Ghirardelli Mansion

Muted Appreciation for the Ghirardelli Mansion

Purchased for $4 million in late 2012, the 6,500-square-foot Piedmont mansion at 636 Highland Avenue, which was built for the Ghirardelli family in the early 1900’s, resold for $4.65 million in October of 2016, representing total appreciation of 16.3 percent for the restored East Bay mansion over those four... Read More »

Bay Area Employment Actually Dropped Again in January

Bay Area Employment Actually Dropped Again in January

While the unemployment rate in San Francisco inched down from 6.4 percent in December to 6.3 percent in January, prior to the State’s Stay Home Order having been lifted at the end of the month, the drop was once again driven by a reduction in the local labor force... Read More »

Refined Plans and Impact Report for A’s Development Released

Refined Plans and Impact Report for A’s Development Released

The Draft Environmental Impact Report (DEIR) for the Oakland A’s proposed stadium, residential and commercial development to rise on the 50-acre-plus Howard Terminal site has just been released by Oakland’s Planning Department along with a refined set of plans for the proposed development and a few important footnotes and... Read More »

Index for Bay Area House Values Holds, Condo Values Slip

Index for Bay Area House Values Holds, Condo Values Slip

Having inched up an upwardly revised 0.9 percent in 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 8.7 percent higher on a year-over-year... Read More »

Oakland Aiming to Adopt Its Downtown Plan and Fund Housing

Oakland Aiming to Adopt Its Downtown Plan and Fund Housing

While waylaid by the pandemic, Oakland’s Planning Department is aiming to update and adopt its comprehensive plan to transform Downtown Oakland by the end of this year. As envisioned, the Downtown Oakland Specific Plan (DOSP) would allow for the development of up to 20 million square feet of new... Read More »

Refined Plans for Auto Row Infill Project Approved

Refined Plans for Auto Row Infill Project Approved

The refined plans for a modern 12-story building to rise up 191 feet in height between 24th and 26th Street on Oakland’s Auto Row, adjacent to the Oakland M&N building (Mua), have been unanimously approved by the City. As designed by Flynn Architecture for the Signature Development Group, the... Read More »

Asking Rents in Oakland HODL as Well, But…

Asking Rents in Oakland HODL as Well, But…

As we first outlined last week, while the weighted average asking rent for an apartment in San Francisco has been holding at around $3,100 a month, listing activity (i.e., availability) has inched up. And on a year-over-year basis, which takes into account seasonality, asking rents have actually continued to... Read More »