Articles Filed Under: East Bay

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Bay Area Employment Slips, Unemployment Inches Up

Bay Area Employment Slips, Unemployment Inches Up

Having benefited from a seasonal bump in the onboarding of new graduates in September, the number of people living in San Francisco with a paycheck inched up by another 100 in October and now totals a record 579,900. But with a labor force that increased by 900 over the... Read More »

Once in a Lifetime Opportunity Fails to Fetch its 2017 Price

Once in a Lifetime Opportunity Fails to Fetch its 2017 Price

As we outlined this past July: Designed by Alan Page and built on a nearly one-acre lot “in the heart of Lafayette’s sought–after Happy Valley,” the roughly 6,000-square-foot home at 22 Toledo Court boasts “elite craftsmanship, state-of-the-art technology, elegant lines and quality finishes throughout,” with an infinity-edge pool, outdoor... Read More »

First Platinum Certified Home in Northern CA Fetches $885 per Foot

First Platinum Certified Home in Northern CA Fetches $885 per Foot

The first LEED Platinum Certified home in Northern California was built on a Rockridge lot with views at 5950 Margarido Drive and hit the market in the fourth quarter of 2009 priced at $5.5 million or roughly $1,187 per square foot. Subsequently reduced by over two million dollars over... Read More »

Home Prices Rise in 93 Percent of Metro Areas, Bay Area Excluded

According to the National Association of Realtors, “single-family median home prices increased year-over-year in 93% of measured markets in the third quarter, with 166 of 178 metropolitan statistical areas showing sales price gains” and an average gain of 5.1 percent over the past year.  And that’s up from 91... Read More »

Appreciation for Bay Area Homes Turns Negative

Appreciation for Bay Area Homes Turns Negative

For the first time since early 2012, 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 – has dropped on a year-over-year basis, an outcome which shouldn’t catch any plugged-in readers by surprise.... Read More »

Asking Rents Tick up in Oakland, Slip in San Francisco

Asking Rents Tick up in Oakland, Slip in San Francisco

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, slipped another (1) percent over the past month with a bit of seasonality in play and now measures around $4,250 per month having peaked at around $4,450 per... Read More »

Office Vacancy Rate in Oakland Ticks Up, But…

Office Vacancy Rate in Oakland Ticks Up, But…

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven by the delivery of 600,000 square feet of new space at 601 City Center in Downtown Oakland, half of which was pre-leased... Read More »

Bay Area Unemployment Rates Drop to Record Lows

Bay Area Unemployment Rates Drop to Record Lows

Benefiting from a seasonal bump in the onboarding of new graduates, the number of people living in San Francisco with a paycheck increased by 7,100 in September and now totals a record 580,800. And with a labor force of 591,400, the unemployment rate has dropped to a record low... Read More »

Bay Area Home Sales and Median Price Trend Down

Bay Area Home Sales and Median Price Trend Down

The number of single-family homes and condos that traded hands across the greater Bay Area dropped 2.3 percent from July to 7,247 August, which was down nearly 6 percent on a year-over-year basis and a 9-year seasonal low, according to recorded sales data from CoreLogic. At the same time,... Read More »

Asking Rents in San Francisco and Oakland Slip, Gap Shrinks

Asking Rents in San Francisco and Oakland Slip, Gap Shrinks

Having ticked up around 5 percent through the first eight months of the year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, slipped a little under 2 percent over the past month to around $4,275, which... Read More »