Articles Filed Under: East Bay

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Bay Area Employment Is Actually on the Decline

Bay Area Employment Is Actually on the Decline

Having dropped to a record low of 1.9 percent in May, the unemployment rate in San Francisco inched up to 2.3 percent in June as the number of people living in the city with a paycheck fell by 3,400 to 565,800, which is down by 9,600 since February’s record... Read More »

Refined Designs for Building up in Berkeley

Refined Designs for Building up in Berkeley

As proposed, the Downtown Berkeley retail complex fronting the west side of Shattuck Avenue, between Durant Avenue and Channing Way, will be demolished and an eight-story development dubbed “Logan Park” will rise up to 87 feet in height across the 2352 Shattuck Avenue Site as newly rendered below by... Read More »

$135 Million East Bay Estate Now Listed for Over $100 Million Less

$135 Million East Bay Estate Now Listed for Over $100 Million Less

According to the agent for the 22-acre “Fieldhaven” estate at 7 Country Oak Lane in Alamo, David Duffield, the co-founder of PeopleSoft and Workday, invested over $135 million in building out the property, a build-out which was completed in 2013 by a team of over 200 craftsmen over the... Read More »

Bay Area Home Sales and Median Price Are…Down

Bay Area Home Sales and Median Price Are…Down

Following a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally driven 18.9 percent from April to May, total sales (8,310) were down 2.7 percent on a year-over-year basis. And... Read More »

Index for Bay Area Home Values Ticks Up, Condos Down YOY

Index for Bay Area Home Values Ticks Up, Condos Down YOY

Having ticked up a downwardly revised 2.0 percent in March, 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 1.6 percent in April. And while the index remains 0.4 percent... Read More »

Bay Area Unemployment Hits a Record Low, But…

Bay Area Unemployment Hits a Record Low, But…

The unemployment rate in San Francisco has dropped to a record low of 1.9 percent, with the ranks of the employed having increased by 2,900 to 569,300 in May. That being said, the ranks of the employed are still down by 6,100 from February’s record high and the rate... Read More »

Refined Plans for a 35-Story Oakland Tower (And More)

Refined Plans for a 35-Story Oakland Tower (And More)

As proposed and rendered along with a placeholder for the approved 24-story development to rise at 2270 Broadway, the building permits for which are in the works, the refined plans for a 35-story tower to rise on the parking lot parcel at 88 Grand Avenue, on the southern border... Read More »

East Bay BONE Home Fetches $3.3 Million

East Bay BONE Home Fetches $3.3 Million

As we outlined in early May: Listed as Project 16-693 in Bone Structure’s portfolio of buildings, the contemporary Claremont Pines home at 6226 Acacia Avenue, which sits above Oakland’s Rockridge neighborhood and overlooks the Claremont Country Club, was built with steel framing and finished in early 2017. The main... Read More »

Bay Area Home Sales Trending Down, Median Price Unchanged YOY

Bay Area Home Sales Trending Down, Median Price Unchanged YOY

Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally driven 13.7 percent from March to April, total sales (6,987) were down 7.6 percent on a year-over-year... Read More »

Below Average Returns for Bay Area Homes

Below Average Returns for Bay Area Homes

Having eked out a 0.6 percent gain in February, 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 2.1 percent in March.  That being said, the index is still down 1.7 percent... Read More »