Articles Filed Under: San Jose (And South)

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Bay Area Employment Slips, Unemployment Inches Up

Bay Area Employment Slips, Unemployment Inches Up

Having benefited from a seasonal bump in the onboarding of new graduates in September, the number of people living in San Francisco with a paycheck inched up by another 100 in October and now totals a record 579,900. But with a labor force that increased by 900 over the... Read More »

Home Prices Rise in 93 Percent of Metro Areas, Bay Area Excluded

According to the National Association of Realtors, “single-family median home prices increased year-over-year in 93% of measured markets in the third quarter, with 166 of 178 metropolitan statistical areas showing sales price gains” and an average gain of 5.1 percent over the past year.  And that’s up from 91... Read More »

Appreciation for Bay Area Homes Turns Negative

Appreciation for Bay Area Homes Turns Negative

For the first time since early 2012, 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 – has dropped on a year-over-year basis, an outcome which shouldn’t catch any plugged-in readers by surprise.... Read More »

Bay Area Unemployment Rates Drop to Record Lows

Bay Area Unemployment Rates Drop to Record Lows

Benefiting from a seasonal bump in the onboarding of new graduates, the number of people living in San Francisco with a paycheck increased by 7,100 in September and now totals a record 580,800. And with a labor force of 591,400, the unemployment rate has dropped to a record low... Read More »

Tech Mogul’s Silicon Valley Lair Now Listed for 55 Percent Less

Tech Mogul’s Silicon Valley Lair Now Listed for 55 Percent Less

Speaking of big reductions, as we outlined in September of last year: Having hit the market with a bit of fanfare and an $88 million price tag back in 2015, the 21,400-square-foot Los Altos Hills home at 27500 La Vida Real was quietly listed behind an undisclosed address for... Read More »

Bay Area Home Sales and Median Price Trend Down

Bay Area Home Sales and Median Price Trend Down

The number of single-family homes and condos that traded hands across the greater Bay Area dropped 2.3 percent from July to 7,247 August, which was down nearly 6 percent on a year-over-year basis and a 9-year seasonal low, according to recorded sales data from CoreLogic. At the same time,... Read More »

Indexed Appreciation for Bay Area Homes Drops to 0.2 Percent

Indexed Appreciation for Bay Area Homes Drops to 0.2 Percent

Having eked out a 0.2 percent gain in June, 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 flat in July. And as such, the index is now up a total... Read More »

Bay Area Employment Holds, Unemployment Rate Down

Bay Area Employment Holds, Unemployment Rate Down

Having benefited from a seasonal bump in July, the number of people living in San Francisco with a paycheck, which is now estimated at 573,600, was unchanged in August. But with the labor force having since shed 1,100 people, the unemployment rate in the city has dropped from 2.4... Read More »

Bay Area Home Sales and Median Price Were Down, Again

Bay Area Home Sales and Median Price Were Down, Again

While the number of single-family homes and condos that traded hands across the greater Bay Area inched up 0.5 percent from June to just over 7,400 in July, sales were down 2.2 percent on a year-over-year basis and totaled an eight-year seasonal low, according to recorded sales data from... Read More »

House of Light Returns Listed for a Million More

House of Light Returns Listed for a Million More

Having hit the market priced at $8.5 million in 2016, the award-winning “House of Light,” which was designed by the late modernist architect John Thodos and built on a wooded Menlo Park parcel back in 2010, ended up selling for $5,537,500, or roughly $1,099 per square foot, last year.... Read More »