CFAH

Articles Filed Under: Rentals

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Asking Rents in Oakland Hold

Asking Rents in Oakland Hold

Having held in March, the weighted average asking rent for an apartment in Oakland was effectively unchanged in April as well, holding at just under $2,450 a month. As such, while the average asking rent in Oakland is now 7 percent higher than it was at the same time... Read More »

Rents Tick Up in San Francisco, Still Well Below Peak

Rents Tick Up in San Francisco, Still Well Below Peak

Having slipped around 2 percent in February, the weighted average asking rent for an apartment in San Francisco ticked back up around 2 percent in March to $3,400 month, which was 11 percent higher than at the same time last year. That being said, the average asking rent in... Read More »

Asking Rents in Oakland Effectively Held in March

Asking Rents in Oakland Effectively Held in March

Having ticked down a little over 2 percent in February, the weighted average asking rent for an apartment in Oakland was effectively unchanged in March, holding at just under $2,450 a month, with a slight uptick in the average asking rent for two-bedrooms ($2,800) offset by declines for larger... 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 »

Asking Rents in S.F. Slip, Listings Drop to Pre-Pandemic Levels

Asking Rents in S.F. Slip, Listings Drop to Pre-Pandemic Levels

Having ticked up in January, the weighted average asking rent for an apartment in San Francisco slipped around 2 percent in February to $3,340 month, which is roughly 6 percent higher than at the same time last year but still 19 percent ($760) lower than prior to the pandemic... Read More »

Tenant Buyouts Ticked Up In San Francisco Last Year

Tenant Buyouts Ticked Up In San Francisco Last Year

Landlords in San Francisco inked 391 legally recorded tenant buyout agreements last year, as mapped above, up from 333 agreements in 2020 and including a couple of deals which had been in the works since 2016. According to our queries of the City’s database, the highest reported buyout agreement... 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 »

San Francisco Law Prohibiting Egregious Rent Increases Upheld

San Francisco Law Prohibiting Egregious Rent Increases Upheld

Section 37.10B of San Francisco’s Rent Ordinance, which defines Tenant Harassment, was amended in January of 2019 to prohibit landlords from attempting to circumvent eviction controls for non-rent controlled units in the city by way of a punitive or egregious increase in rent that is “imposed with an intent... Read More »

Rents in San Francisco Tick Up, Inventory Follows

Rents in San Francisco Tick Up, Inventory Follows

Having ended last year 8 percent higher than the year before, the weighted average asking rent for an apartment in San Francisco has since ticked up 2.6 percent to $3,400, which is 10 percent higher than at the same time last year but still 17 percent ($700) lower than... 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 »