Over 21 Salesforce Towers Worth of Vacant Office Space in S.F.
As we outlined yesterday, the amount of vacant office space in San Francisco now totals over 29 million square feet, having increased by over a million square feet in the…
Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Continuing a trend that shouldn’t catch any plugged-in readers, other than the most obstinate, by surprise, the office vacancy rate in San Francisco ticked up to 33.9 percent at the…
Recently Shuttered Fast Food Parcel In Play
The recently shuttered KFC site on the northwest corner of Duboce and Gurerro, a block south of Market Street on the northern border of the Mission, is on the market…
Redeveloped Marina Boulevard Mediterranean Finally Trades
Purchased for $5.688 million in May of 2018, the “Stunning Mediterranean View Home” with a sprawling backyard at 669 Marina Boulevard returned to the market priced at $7.999 million in…
Asking Rents in Oakland Continue to Tick Down, Discount Up
Having dropped to a two-year low at the end of last year, the average asking rent for an apartment in Oakland has since ticked down another 4 percent to around…
Average Rent in S.F. Continues to Drop, Over 25 Percent Below Peak
Having dropped last month, at which point it was down 5 percent year-over-year, the weighted average asking rent for an apartment in San Francisco has since dropped another 3 percent…
Design & Architecture
Industry Stuff
Listings (for sale)
Real Estate Economics
Seemingly Random
Trends
The Claws Are Coming Out, Right Here in River City
From the active listing for a condo in the “ost sought after location in all SF,” which is currently listed below its stated assessed value (in 2022), having been “emodeled…
Benchmark Mortgage Rate Inches Down to 6.79 Percent
With the expected value of the Fed’s rate cuts holding at a total of three (3) quarter-point rate cuts in 2024, as we first calculated a few weeks ago and…
Breaking News
Bubble (Or Not)
East Bay
Industry Stuff
Marin (And Points North)
Real Estate Economics
San Jose (And South)
Trends
Index for Bay Area Home Values Slips, Condos Drop (Again)
Having inched down a downwardly revised 0.9 percent in December, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes…
Breaking News
East Bay
Industry Stuff
Marin (And Points North)
Real Estate Economics
San Jose (And South)
Trends
Bay Area Employment Drops Year-Over-Year, Nearing 2015 Levels
While the net number of San Francisco residents with a job was unchanged from January to February, there were over 16,000 fewer employed residents than at the same time last…