Articles Filed Under: East Bay

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Bay Area Employment Actually Dropped Last Month

Bay Area Employment Actually Dropped Last Month

Having hit a record high in February, the number of people living in San Francisco with a paycheck, which typically ticks up in March, actually decreased by 3,400 last month to 572,000 and the unemployment rate, which hit a record low of 2.1 percent at the end of last... Read More »

Asking Rents in San Francisco and Oakland Slip in First Quarter

Asking Rents in San Francisco and Oakland Slip in First Quarter

Having reversed course last year, the weighted average asking rent for an apartment in San Francisco and Oakland slipped a little over one (1) percent in the first quarter of 2019 but with a bit of seasonality in play. Including one-off rentals, as well as those in larger developments,... Read More »

Over Asking on Alameda’s Gold Coast (But at an Actual Loss)

Over Asking on Alameda’s Gold Coast (But at an Actual Loss)

Built on Alameda’s Gold Coast back in 1903, the year after a new shipping canal turned the former East Bay peninsula into an island, the 4,700-sqaure-foot home at 1405 San Antonio Avenue sold for $2 million in October of 2015 having been well kept by the same family for... Read More »

Seventh Extension for Oakland Tower Now on Tap

Seventh Extension for Oakland Tower Now on Tap

As we outlined last June: “Plans for a pair of residential towers to rise up to 275 feet in height at 325 Seventh Street, on the edge of Oakland’s Chinatown, were first approved by the city seven years ago , the ground for which has yet... Read More »

Bay Area Home Sales Rebound to an 11-Year Low

Bay Area Home Sales Rebound to an 11-Year Low

Having dropped to an absolute 11-year low in January, the number of single-family homes and condos that traded hands across the greater Bay Area increased 12.9 percent in February to 4,354, which was an above-average seasonal jump but remains 12.8 percent below the sales volume at the same time... Read More »

Indexes for Bay Area Home Values Drop, Nearing Negative Territory

Indexes for Bay Area Home Values Drop, Nearing Negative Territory

Having ended last year with the largest month-over-month decline in seven years, 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) dropped another 1.3 percent in January. The index has dropped a total of... Read More »

Bay Area Employment Inches Up to Another Record High

Bay Area Employment Inches Up to Another Record High

With 2018 having ended the year with Bay Area employment at an all-time high, the number of people living in San Francisco with a paycheck has since inched up 700 to a record 574,900 while the unemployment rate in the city, which ended the year at a record low... Read More »

423-Foot-Tall Oakland Tower Approved, but There’s a Problem

423-Foot-Tall Oakland Tower Approved, but There’s a Problem

The refined plans for Rubicon Point Partners’ proposed 37-story residential tower to rise up to 423 feet in height at 1750 Broadway, between 17th and 19th Streets in Uptown Oakland, have been approved by the City’s Planning Department. But there’s still a problem to solve before the development can... Read More »

Massive Berkeley Mansion Now Listed at a Loss

Massive Berkeley Mansion Now Listed at a Loss

Designed by John Hudson Thomas and built for John Hopkins Spring, a real estate developer, in 1914, the 12,000-square-foot Spring Mansion which sits at 1960 San Antonio Avenue in the Berkeley hills and was modeled on the Achilleion Palace in Greece, was purchased by John Park, the founder of... Read More »

Alternative Designs for Rejected Oakland Tower Revealed

Alternative Designs for Rejected Oakland Tower Revealed

With Oakland’s Planning Commission having formally rejected the plans for a proposed 460-foot-tall, and seemingly split, tower to rise at 1261 Harrison Street, on the historic King Block in Downtown Oakland, a move which shouldn’t have caught any plugged-in readers by surprise, the project team has been working on... Read More »