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Articles Filed Under: East Bay

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MLB Instructs the Oakland A’s to Explore a Move

MLB Instructs the Oakland A’s to Explore a Move

Citing “ with the rate of progress on the A’s new ballpark effort with local officials and other stakeholders in Oakland,” Major League Baseball has instructed the Oakland Athletics “to begin to explore other markets” in parallel to pursuing approval of their plans for a proposed stadium, residential and... Read More »

Asking Rents in Oakland Slip, Implied Vacancy Inches Up

Asking Rents in Oakland Slip, Implied Vacancy Inches Up

Having inched up a little under 2 percent at the end of the first quarter, the weighted average asking rent for an apartment in Oakland has since inched down a little over 2 percent and is back under $2,300 per month, which is 13.6 percent lower than at the... Read More »

Index for Bay Area House Values Ticks Up, Condo Index Too

Index for Bay Area House Values Ticks Up, Condo Index Too

Having inched up an upwardly revised 0.6 percent in January, 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 2.1 percent in February and was up 11.0 percent on a... Read More »

Office Vacancy Rate in the East Bay Nearing 17 Percent

Office Vacancy Rate in the East Bay Nearing 17 Percent

With the office vacancy rate in San Francisco nearing 19 percent, with nearly 16 million square feet of vacant space, the vacancy rate for office space in the East Bay, not including Walnut Creek or further east, has ticked up to 16.8 percent, with 4.3 million square feet of... Read More »

Bay Area Employment and Labor Force Slip

Bay Area Employment and Labor Force Slip

With the State’s Stay Home Order having been lifted in January, and local restrictions on indoor dining, gyms, museums and other indoor attractions having been relaxed in early March, the number of people living in San Francisco with a paycheck inched up by 300 in March to 513,100. And... Read More »

Bay Area House Values Hold, Condos Slip, Again

Bay Area House Values Hold, Condos Slip, Again

Having held in December, 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 0.2 percent in January for 9.1 percent year-over-year gain versus a 11.2 percent year-over-year gain nationally. At... Read More »

Asking Rents in Oakland Tick Up

Asking Rents in Oakland Tick Up

While the weighted average asking rent for an apartment in San Francisco has continued to inch down, despite some recent misreports to the contrary, the weighted average asking rent for an apartment in Oakland has inched up around 2 percent over the past month to a four-month high of... Read More »

Over 320,000 Bay Area Jobs Have Been Recovered, But…

Over 320,000 Bay Area Jobs Have Been Recovered, But…

Having dropped in January, the number of people living in San Francisco with a paycheck increased by 7,100 in February to 510,200, which is 31,500 more employed people than there were last April, at the height of pandemic unemployment locally, but still 60,600 fewer employed residents than there were... Read More »

Muted Appreciation for the Ghirardelli Mansion

Muted Appreciation for the Ghirardelli Mansion

Purchased for $4 million in late 2012, the 6,500-square-foot Piedmont mansion at 636 Highland Avenue, which was built for the Ghirardelli family in the early 1900’s, resold for $4.65 million in October of 2016, representing total appreciation of 16.3 percent for the restored East Bay mansion over those four... Read More »

Bay Area Employment Actually Dropped Again in January

Bay Area Employment Actually Dropped Again in January

While the unemployment rate in San Francisco inched down from 6.4 percent in December to 6.3 percent in January, prior to the State’s Stay Home Order having been lifted at the end of the month, the drop was once again driven by a reduction in the local labor force... Read More »