CFAH

Articles Filed Under: East Bay

(630 posts)
Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 18.4 percent at the end of last year, roughly double the vacancy rate prior to the pandemic. In addition to 4.9 million square feet of un-leased space, the current vacancy rate... Read More »

Index for Bay Area Homes Has Dropped 13%, Headed Down

Index for Bay Area Homes Has Dropped 13%, Headed Down

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 down another 1.7 percent in October. While the “San Francisco” index is still 0.6 percent “higher than it was at the same... Read More »

Bay Area Employment Atypically Drops, Trending Down

Bay Area Employment Atypically Drops, Trending Down

While the number of people living in San Francisco with a paycheck typically ticks up in both October and November, driven by seasonal hiring for the holidays, net employment actually dropped for the second month in a row last month, decreasing by 3,700 to 560,700 in November, with 2,900... Read More »

Asking Rents in Oakland Tick Up, Nearing Pre-Covid Rates

Asking Rents in Oakland Tick Up, Nearing Pre-Covid Rates

While the weighted average asking rent for an apartment in San Francisco dropped 3 percent in November, the average asking rent in Oakland ticked up ticked up a little over 2 percent to $2,625 per month, which is 8 percent higher than at the same time last year and... Read More »

Index for Bay Area Home Values Has Dropped Nearly 12%

Index for Bay Area Home Values Has Dropped Nearly 12%

Having dropped 4.3 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 – fell another 2.9 percent in September. While the San Francisco index is still 2.3 percent higher than... Read More »

Bay Area Employment Slips

Bay Area Employment Slips

While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in October with seasonal hiring for the holidays, net employment actually slipped by 700 last month to 564,300. But with 700 people having left the local labor force as well,... Read More »

Asking Rents in San Francisco and Oakland Slip, Inventory Up

Asking Rents in San Francisco and Oakland Slip, Inventory Up

The weighted average asking rent for an apartment in San Francisco ticked down another (1) percent in October to $3,690 per month and has now ticked down for two months in a row. As such, while the average asking rent in San Francisco is 10 percent higher than at... Read More »

Drop in Bay Area House Values Is Really Accelerating

Drop in Bay Area House Values Is Really Accelerating

Having dropped 3.5 percent in July, 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 – fell another 4.3 percent in August, which was the largest month-over-month decline for the index since February... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Having ticked down from 18.1 percent at the end of last year to 16.3 percent three months ago, the office vacancy rate in the East Bay, not including Walnut Creek or further east, has ticked back up to 17.3 percent, with net negative absorption of 269,000 square feet of... Read More »

Bay Area Employment Holds, Inches Down in San Francisco

Bay Area Employment Holds, Inches Down in San Francisco

While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in September, net employment inched down by 600 last month to 565,200. But with 2,000 people having left the local labor force, the unemployment rate inched down from 2.3 to... Read More »