Articles Filed Under: East Bay

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Office Vacancy Rate in the East Bay Nearing 16 Percent

Office Vacancy Rate in the East Bay Nearing 16 Percent

With the office vacancy rate in San Francisco having ticked up to 16.7 percent, the vacancy rate for office space in the East Bay is now nearing 16 percent as well, with 4 million square feet of un-leased space and over a million square feet of space which has... Read More »

COVID-19 Case Rate and Hospitalizations in S.F. Hit New Highs

COVID-19 Case Rate and Hospitalizations in S.F. Hit New Highs

While the ICU availability for the greater Bay Area Region has ticked up to 4.7 percent, the State has formally extended its Regional Stay Home Order, an order which isn’t likely to be lifted for at least another month (if not two). At the same time, the ICU availability... Read More »

Bay Area Stay Home Order Will Be Extended [UPDATED]

Bay Area Stay Home Order Will Be Extended [UPDATED]

With the ICU availability for the greater Bay Area Region having just dropped to 3.5 percent of total capacity, the Regional Stay Home Order which went into effect at 11:59PM on December 17, 2020, and could have been lifted tomorrow, January 8, will be formally and indefinitely extended until... Read More »

Oakland Rents Tick Down, Listing Activity Up 2X

Oakland Rents Tick Down, Listing Activity Up 2X

While the average asking rent for an apartment in Oakland hasn’t declined as much as it has in San Francisco, either in the absolute or relatively, it has ticked down another 1.4 percent over the past two months to $2,300, which is down 19 percent on a year-over-year basis... Read More »

Index for Bay Area House Values Inches Up, Condos Slip

Index for Bay Area House Values Inches Up, Condos Slip

Having ticked up an upwardly revised 1.3 percent in September, 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 0.9 percent in October for a year-over-gain of 7.7 percent... Read More »

A Misleading Drop in the Bay Area Unemployment Rate

A Misleading Drop in the Bay Area Unemployment Rate

Despite the unemployment rate in San Francisco having declined from 6.7 percent in October to 5.7 percent in November, the number of people living in San Francisco with a paycheck actually dropped by 6,600 last month to 534,100, which is 44,000 fewer employed residents than at the same time... Read More »

Bay Area Stay Home Order Has Been Triggered

Bay Area Stay Home Order Has Been Triggered

The ICU availability for the greater Bay Area Region just dropped to 12.9 percent, triggering a Regional Stay Home Order which will go into effect on Thursday, December 17 at 11:59PM and will remain in effect until at least January 8, 2021. As such, interhousehold gatherings of any size,... Read More »

More Apartments on the Market in San Francisco and Oakland

Despite the fact that the average asking rent for an apartment in San Francisco has dropped 24 percent since the end of February and the average asking rent for a one-bedroom is back under $2,700 a month for the first time since 2012, listing activity for available units continues... Read More »

Bay Area Unemployment Claims Dropped in October, But…

Bay Area Unemployment Claims Dropped in October, But…

Having spiked to 281,462 in September, the number of new unemployment claims filed across the Bay Area dropped 17 percent to 232,908 in October but was still higher than in May, June, July or August and prior to two rounds of pandemic driven reopening rollbacks last month. And in... Read More »

Index for Bay Area House Values Ticks Up, Condos Down

Index for Bay Area House Values Ticks Up, Condos Down

Having inched up an upwardly revised 0.9 percent in August, 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 1.0 percent in September for a year-over-gain of 6.0 percent in... Read More »