CFAH

Articles Filed Under: East Bay

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Bay Area Employment Slipped Last Month

Bay Area Employment Slipped Last Month

Having jumped by (a downwardly revised) 11,600 in July, the number of people living in San Francisco with a paycheck (529,600) slipped by 2,200 in August. But with 3,700 people having left the labor force, the unemployment rate actually inched down to 5.0 percent. And while there are still... Read More »

New Unemployment Claims Drop but Remain Historically High

New Unemployment Claims Drop but Remain Historically High

The number of new unemployment claims filed across the Bay Area dropped to 126,835 in July, which was the fewest new claims in a month since the pandemic hit, down from a pandemic high of 441,813 in March of last year and versus an average of 190,400 a month... Read More »

Index for Bay Area House Values Up 22.1 Percent YOY

Index for Bay Area House Values Up 22.1 Percent YOY

Having ticked up 2.6 percent in May, 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 another 2.6 percent in June and is now up 21.9 percent on a year-over-year... Read More »

West Oakland Déjà Vu

West Oakland Déjà Vu

Designed by Baran Studio Architecture and listed for “$849,000” in June of 2016, despite its nearly identical sister home with a yellow door having sold for $1.025 million the month prior, the sale of the modern West Oakland infill home at 864 Wood Street closed escrow with a contract... Read More »

Over 400K Bay Area Jobs Have Been Recovered, 248K Left to Go

Over 400K Bay Area Jobs Have Been Recovered, 248K Left to Go

Having increased by a downwardly revised 3,500 in June, the number of people living in San Francisco with a paycheck jumped by 12,200 in July to 532,400, representing the most employed residents in San Francisco since the pandemic hit and over 40,000 more employed residents in the city than... Read More »

Asking Rents Tick Up in Oakland, But…

Asking Rents Tick Up in Oakland, But…

As projected, the weighted average asking rent for an apartment in Oakland has ticked up around 2 percent over the past two months to around $2,340 a month, representing a total increase of around 3 percent since effectively bottoming in May. That being said, the weighted average asking rent... Read More »

Index for Bay Area House Values Up 18.2 Percent

Index for Bay Area House Values Up 18.2 Percent

Having gained 3.3 percent in April, 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 another 2.6 percent in May and is now up 18.2 percent on a year-over-year basis,... Read More »

Office Vacancy Rate in the East Bay Nearing 18 Percent

Office Vacancy Rate in the East Bay Nearing 18 Percent

With the office vacancy rate in San Francisco having ticked over 20 percent, with over 17 million square feet of vacant space, the vacancy rate for office space in the East Bay, not including Walnut Creek or further east, has ticked upfrom 16.8 in the first quarter of the... Read More »

Bay Area Employment Inches Up, Still Down Over 300K

Bay Area Employment Inches Up, Still Down Over 300K

Having increased by 5,700 in May, the number of people living in San Francisco with a paycheck increased by 4,700 in June to 521,400, representing the most employed residents in San Francisco since the pandemic hit and 33,100 more employed residents in the city than there were at the... Read More »

Serenity Estate Finally Trades at 60 Percent Below Original Price

Serenity Estate Finally Trades at 60 Percent Below Original Price

Custom built 14 years ago, the 101-acre Alamo estate at 10 Serenity Lane is centered around a nearly 13,000-square-foot “chateau,” with a state-of-the-art, 12,000-square-foot car barn/museum that can accommodate up to 20 cars; a 1,600-square-foot pool house with a one-bedroom apartment; an eight-acre gentleman’s vineyard with mature vines; and... Read More »