Having released a “preliminary draft” of its comprehensive plan to transform Downtown Oakland earlier this year, Oakland’s Planning Department will present its official Draft of the Downtown Oakland Specific Plan (DOSP) to the City’s Planning Commission this evening and solicit comments from the Commissioners and public. If adopted, the... Read More »

While the number of single-family homes and condos that traded hands across the greater Bay Area inched up 0.5 percent from June to just over 7,400 in July, sales were down 2.2 percent on a year-over-year basis and totaled an eight-year seasonal low, according to recorded sales data from... Read More »

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has inched up to around $4,350 per month, which is roughly 2 percent above its mark at the same time last year and within a percent of its... Read More »

Having inched up 0.3 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 – eked out a 0.2 percent gain in June. As such, the index is now 0.2 percent... Read More »

Facing continued pushback from Oakland’s Planning Department with respect to the “monotonous and bulky massing,” the lack of a “rich public-private interface” and a lackluster tower design for the proposed 1,032-unit “Hub” development to rise upon the 3-acre Caltrans lot across from The Crucible, a block from the West Oakland BART... Read More »

Having dropped to a record low of 1.9 percent in May, the unemployment rate in San Francisco has since inched up to 2.4 percent. But with a seasonally driven bump in employment as well, the number of people living in the city with a paycheck is back up to... Read More »

The first LEED Platinum Certified home in Northern California was built on a Rockridge lot with views at 5950 Margarido Drive. And having first hit the market in 2009 with a $5.5 million price tag, reduced to $4.795 million in early 2010 (and in contract for a few months),... Read More »

Having hit the market priced at $42 million back in early 2015, the list price for the 101-acre Alamo estate at 10 Serenity Lane was reduced to $35 at the end of that year and then to $28 million in the first quarter of 2016. In addition to a nearly... Read More »

First and foremost, we need to reiterate that changes in a market’s median sale price isn’t the same thing as appreciation/depreciation or an underlying change in value, especially as sales volumes drop and the mix of what’s selling changes. That being said, for those who hang their hats on... Read More »

While the purchase market in San Francisco continues to drop, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has ticked up to around $4,300 per month, which is roughly 2 percent above its mark at the... Read More »