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Articles Filed Under: East Bay

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Bay Area Employment Back to 96 Percent of Pre-Pandemic Count

Bay Area Employment Back to 96 Percent of Pre-Pandemic Count

Having been downwardly revised, the net number of people living in San Francisco with a paycheck actually slipped by a thousand in January but then rebounded by 8,500 in February to 551,200, representing 48,400 more employed residents in the city than there were in February of last year and... Read More »

Bay Area Unemployment Claims Near Pre-Pandemic Levels

Bay Area Unemployment Claims Near Pre-Pandemic Levels

While the number of new unemployment claims filed across the Bay Area inched up in January to 36,803, which was still 24 percent higher than in January of 2020, prior to the pandemic having hit the local economy, the number of new claims filed in February dropped to 26,414,... Read More »

Bay Area Employment Slipped in January

Bay Area Employment Slipped in January

Having increased by an upwardly revised 3,400 in December, the net number of people living in San Francisco with a paycheck ticked up by 1,100 in January to (a downwardly revised) 544,800.  But with an upwardly revised 564,200 people in the labor force, the local unemployment rate inched up... Read More »

Asking Rents in Oakland Slip, Inventory Still Up

Asking Rents in Oakland Slip, Inventory Still Up

Having ticked up 3 percent in January, the weighted average asking rent for an apartment in Oakland slipped a little over 2 percent in February to $2,450 a month, which is 7 percent higher than at the same time last year but still 8 percent lower than prior to... Read More »

Index for Bay Area House Values Gained 18.8 Percent in 2021

Index for Bay Area House Values Gained 18.8 Percent in 2021

Having inched up an upwardly revised 0.6 percent in November, 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 – gained 0.8 percent in December to end the year up 18.8 percent, matching... Read More »

Modern Claremont Hills Home/Estate Fetches $8.65M

Modern Claremont Hills Home/Estate Fetches $8.65M

Designed by David Stark Wilson and built on a 1.4-acre (Lower) Claremont Hills lot back in 2007, the modern 4,775-square-foot home at 54 Vicente Road, which is now buffered by an orchard of fire resistant olive trees, hit the market priced at $12 million in May of 2020. A... Read More »

Asking Rents in Oakland Tick Up Another 3 Percent

Asking Rents in Oakland Tick Up Another 3 Percent

Having increased 7 percent last year, the weighted average asking rent for an apartment in Oakland has ticked up nearly 3 percent over the past few weeks to $2,500 a month, which is 8 percent higher than at the same time last year, driven by a 5 percent increase... Read More »

Index for Bay Area House Values Decelerates, Condo Index Slips

Index for Bay Area House Values Decelerates, Condo Index Slips

Having held in October, 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 0.6 percent in November for a year-over-year gain of 18.2 percent, which was down 3.7 points from... Read More »

Over 500,000 Bay Area Jobs Have Been Recovered, But…

Over 500,000 Bay Area Jobs Have Been Recovered, But…

Having increased by 6,300 in November, the net number of people living in San Francisco with a paycheck ticked up by 2,600 in December to 549,400, dropping the local unemployment rate to 3.0 percent with 42,700 more employed residents in the city than there were at the end of... Read More »

Office Vacancy Rate in the East Bay Inches Up

Office Vacancy Rate in the East Bay Inches Up

The office vacancy rate in the East Bay, not including Walnut Creek or further east, inched up from 17.9 percent at the end of September to 18.1 percent at the end of 2021, which includes 4.8 million square feet of un-leased space and 1.1 million square feet of space... Read More »