CFAH

Articles Filed Under: East Bay

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459,000 Bay Area Jobs Have Been Recovered, 192,000 Left to Go

459,000 Bay Area Jobs Have Been Recovered, 192,000 Left to Go

Having increased by an upwardly revised 6,600 in September, the net number of people living in San Francisco with a paycheck increased by 4,200 in October to 540,200, dropping the unemployment rate to 3.9 percent with 31,500 more employed residents in the city than there were at the same... Read More »

Right to Negotiate for Half of Coliseum Site Has Been Awarded

Right to Negotiate for Half of Coliseum Site Has Been Awarded

Oakland’s City Council has granted the Oakland-based African American Sports And Entertainment Group (AASEG) the right to enter into an Exclusive Negotiating Agreement (ENA) for the City’s undivided share of the Oakland-Alameda Coliseum Complex Site. As such, AASEG will have up to two years to reach an agreement for... Read More »

Index for Bay Area House Values Inches Up, YOY Gain Slips

Index for Bay Area House Values Inches Up, YOY Gain Slips

Having ticked up a downwardly revised 1.1 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 – inched up 0.4 percent in August, for a year-over-year gain of 21.2 percent,... Read More »

430K Bay Area Jobs Have Been Recovered, 220K Left to Go

430K Bay Area Jobs Have Been Recovered, 220K Left to Go

Having slipped by (an upwardly revised) 2,400 in August, the number of people living in San Francisco with a paycheck increased by 6,300 in September to 535,700, dropping the unemployment rate to 4.1 percent with 42,500 more employed residents in the city than there were at the same time... Read More »

Rebound in Oakland Rents Has Stalled

Rebound in Oakland Rents Has Stalled

Having ticked up in late August, the weighted average asking rent in Oakland has since held at around $2,400 a month, with the average asking rent for a one-bedroom in the city having effectively held at $2,000 a month since the third quarter of last year. As such, while... Read More »

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 17.9 percent at the end of September, which includes 4.6 million square feet of un-leased space and 1.2 million square feet of space which has been leased but is sitting vacant... Read More »

West Oakland Home Fetches “41 Percent Over Asking!” But…

West Oakland Home Fetches “41 Percent Over Asking!” But…

As we outlined back in August: 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... Read More »

Index for Bay Area House Values Ticks Up 1.2 Percent

Index for Bay Area House Values Ticks Up 1.2 Percent

Having gained 2.7 percent in June, 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 1.2 percent in July and effectively held at a year-over-year gain of 22 percent, which... Read More »

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 »