CFAH

Articles Filed Under: San Jose (And South)

(323 posts)
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 »

Prestigious Palo Alto Home Reduced, Listed for a(nother) Loss

Prestigious Palo Alto Home Reduced, Listed for a(nother) Loss

As we outlined last month: Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home at 1117 Hamilton Street, which measures 3,376 square feet, sits on a prestigious 10,000-square-foot Crescent Park parcel, and features “exquisite architectural and interior design, exotically-sourced materials, hand-crafted finishes, and elegant appointments... Read More »

Index for Bay Area House Values Inches Up, YOY Gain Slips

Index for Bay Area House Values Inches Up, YOY Gain Slips

Having ticked up a downwardly revised 1.1 percent in July, 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 0.4 percent in August, for a year-over-year gain of 21.2 percent,... Read More »

430K Bay Area Jobs Have Been Recovered, 220K Left to Go

430K Bay Area Jobs Have Been Recovered, 220K Left to Go

Having slipped by (an upwardly revised) 2,400 in August, the number of people living in San Francisco with a paycheck increased by 6,300 in September to 535,700, dropping the unemployment rate to 4.1 percent with 42,500 more employed residents in the city than there were at the same time... Read More »

Prestigious Palo Alto Déjà Vu

Prestigious Palo Alto Déjà Vu

Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home at 1117 Hamilton Street, which measures 3,376 square feet, sits on a prestigious 10,000-square-foot Crescent Park parcel, and features “exquisite architectural and interior design, exotically-sourced materials, hand-crafted finishes, and elegant appointments throughout,” with five bedroom suites... Read More »

Index for Bay Area House Values Ticks Up 1.2 Percent

Index for Bay Area House Values Ticks Up 1.2 Percent

Having gained 2.7 percent 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 – ticked up 1.2 percent in July and effectively held at a year-over-year gain of 22 percent, which... Read More »

Auctioned Estate Resells “Well Below Appraised Value”

Auctioned Estate Resells “Well Below Appraised Value”

Marketed by Sotheby’s with a $47.5 million price tag back in 2012, subsequently reduced a number of times and listed for as little as $15.99 million in late 2017, “Woodhaven Manor” – which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a... Read More »

Bay Area Employment Slipped Last Month

Bay Area Employment Slipped Last Month

Having jumped by (a downwardly revised) 11,600 in July, the number of people living in San Francisco with a paycheck (529,600) slipped by 2,200 in August. But with 3,700 people having left the labor force, the unemployment rate actually inched down to 5.0 percent. And while there are still... Read More »

New Unemployment Claims Drop but Remain Historically High

New Unemployment Claims Drop but Remain Historically High

The number of new unemployment claims filed across the Bay Area dropped to 126,835 in July, which was the fewest new claims in a month since the pandemic hit, down from a pandemic high of 441,813 in March of last year and versus an average of 190,400 a month... Read More »