CFAH

Articles Filed Under: East Bay

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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 »

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 »