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Articles Filed Under: East Bay

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Index for Bay Area Home Values Ticks Up, Drops Year-Over-Year

Index for Bay Area Home Values Ticks Up, Drops Year-Over-Year

Having ticked up a percent 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 another three percent in March but with the majority of the uptick (75 percent)... Read More »

Bay Area Employment Slips Despite Drop in Unemployment

Bay Area Employment Slips Despite Drop in Unemployment

While the unemployment rate in San Francisco slipped back under 3 percent last month, the number of employed residents with a job actually dropped by 5,100 to 559,300, with an even larger decline in the labor force, which dropped by 7,000 to 574,900, driving the unemployment rate down.  As... Read More »

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

Having dropped for eight months in a row, 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 one (1) percent in February with a pinch of seasonally in play (the... Read More »

Bay Area Employment Inches Up, Unemployment Rate as Well

Bay Area Employment Inches Up, Unemployment Rate as Well

Having dropped by 5,400 at the beginning of the year, the net number of people living in San Francisco with a job has since ticked back up by 3,500 to just over 564,000, with an unemployment rate of 3.0 percent, based on updated data from the State. With the... Read More »

Oakland A’s East Bay Ballpark Deal and Development Is Dead

Oakland A’s East Bay Ballpark Deal and Development Is Dead

The Oakland A’s have finalized a deal to purchase a 49-arce site off the Las Vegas Strip, across the freeway from the T-Mobile Arena and a little north of the Raider’s new Allegiant Stadium, upon which they intend to build a new billion dollar ballpark with up to 35,000... Read More »

East Bay Office Landlords Trying to Hold Firm, But…

East Bay Office Landlords Trying to Hold Firm, But…

The office vacancy rate in the East Bay, not including Walnut Creek or further east, nor life science/lab space, which is a methodological change, ticked up 80 basis points in the first quarter of 2023 to 19.4 percent, which is roughly double the vacancy rate prior to the pandemic,... Read More »

Asking Rents in Oakland Slip, Discount to S.F. Ticks Up

Asking Rents in Oakland Slip, Discount to S.F. Ticks Up

Having ticked up a couple percent in February, the average asking rent in Oakland slipped a percent in March to $2,600 per month. As such, while the average asking rent in Oakland is 6 percent higher than at the same time last year, it’s still 3 percent below its... Read More »

Index for Bay Area Homes Has Dropped 17%, Trending Down

Index for Bay Area Homes Has Dropped 17%, Trending 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 1.3 percent in January and is now 7.6 percent lower than at the start of last year, representing the largest... Read More »

Bay Area Employment Drops, Trending Back Down

Bay Area Employment Drops, Trending Back Down

Having ended 2022 nearing its pre-pandemic peak, the net number of people living in San Francisco with a paycheck dropped by 5,400 in January to 560,600 as the impact of tech layoffs and new unemployment claims started to be realized, based on updated data from the State. That being... Read More »

Index for Bay Area Homes Has Dropped 16%, Trending Down

Index for Bay Area Homes Has Dropped 16%, Trending 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 1.8 percent this past December and is now 4.2 percent lower than at the end of 2021, representing the largest... Read More »