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Articles Filed Under: East Bay

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Oakland Rents Increased 7 Percent in 2021 but Still Down

Oakland Rents Increased 7 Percent in 2021 but Still Down

Having ticked up a (1) percent in November, the weighted average asking rent for an apartment in Oakland inched up another 0.4 percent in December to $2,440 a month, which is 7 percent higher than at the end of last year and roughly in line with the muted rebound... Read More »

Indexes for Bay Area Home Values Hold, Poised to Turn

Indexes for Bay Area Home Values Hold, Poised to Turn

Having inched up 0.1 percent in September, 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 – was unchanged in October versus a 1.1 percent gain at the same time last year. And... Read More »

New Unemployment Claims Near Pre-Pandemic Levels, But…

New Unemployment Claims Near Pre-Pandemic Levels, But…

Having dropped to a pandemic-era low of 51,484 in October, the number of new unemployment claims filed across the Bay Area fell to 36,421 in November, which was within 40 percent of pre-pandemic levels and down from an average of nearly 200,000 new claims a month since March of... Read More »

Key Line(s) from Oakland’s “Final” Ballpark Report

Key Line(s) from Oakland’s “Final” Ballpark Report

Having received, cataloged and reviewed over 400 comments on the Draft Environmental Impact Report (DEIR) for the Oakland A’s proposed stadium, residential and commercial development to rise on the 50-acre-plus Howard Terminal site, Oakland’s Planning Department has released its responses to the aforementioned comments, both individually and in summary... Read More »

Nearly 500K Bay Area Jobs Have Been Recovered, 157K to Go

Nearly 500K Bay Area Jobs Have Been Recovered, 157K to Go

Having increased by a downwardly revised 4,500 in October, the net number of people living in San Francisco with a paycheck increased by 6,300 in November to 546,800, dropping the unemployment rate to 3.3 percent with 37,800 more employed residents in the city than there were at the same... Read More »

Asking Rents in Oakland Inch Up

Asking Rents in Oakland Inch Up

Having held at around $2,400 over the past three months, the weighted average asking rent for an apartment in Oakland has inched up a (1) percent over the past few weeks to $2,425 a month, which is around 7 percent higher than at the same time last year. That... Read More »

Bay Area Unemployment Claims Drop to a Pandemic-Era Low

Bay Area Unemployment Claims Drop to a Pandemic-Era Low

The number of new unemployment claims filed across the Bay Area dropped to 51,484 in October, which was down from 138,831 in September, the fewest new claims since the pandemic hit and down from an average of 125,372 new claims a month in the third quarter of this year.... Read More »

Index for Bay Area House Values Inches Up, Poised to Turn

Index for Bay Area House Values Inches Up, Poised to Turn

Having inched up 0.4 percent in August, 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 0.1 percent in September versus a 1.4 percent gain at the same time last... Read More »

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 »