Articles Filed Under: San Jose (And South)

(251 posts)
Bay Area Employment Really Drops, Unemployment Rate as Well

Bay Area Employment Really Drops, Unemployment Rate as Well

While the unemployment rate in San Francisco returned to a record low 2.1 percent last month, the drop was driven by a reduction in the size of the labor force and the number of people living in San Francisco with a paycheck actually decreased by 5,700 to 566,200, which... Read More »

Former Facebook COO Lists Palo Alto Home for $40M

Former Facebook COO Lists Palo Alto Home for $40M

Purchased by Owen Van Natta, the onetime Facebook COO and former executive at MySpace, Zynga and Amazon, for $9.0 million in June of 2011, the gated Palo Alto neo-Tudor which sits on over an acre of land at 369 Churchill Avenue has since been completed renovated and expanded to... Read More »

Population Growth of San Francisco Really Slows Its Roll

Having grown at an average rate of over one percent per year over the past decade, peaking at 1.7 percent in 2012, the estimated population of San Francisco proper inched up 0.3 percent in 2018, from a downwardly revised 880,980 at the start of last year to 883,869 as... Read More »

Index for Bay Area Home Values Ekes Out a Gain

Index for Bay Area Home Values Ekes Out a Gain

Having dropped 1.3 percent in January, 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 February. That being said, the index has still dropped 3.7 percent since the third... Read More »

Bay Area Home Sales Are Down, Median Price Has Slipped

Bay Area Home Sales Are Down, Median Price Has Slipped

Following a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally driven 39.4 percent from February to March, total sales (6,124) were down 14.8 percent on a year-over-year basis.  And... Read More »

Modern Silicon Valley Mansion Finally Fetches $1,300 Per Foot

Modern Silicon Valley Mansion Finally Fetches $1,300 Per Foot

Having hit the market priced at $29.8 million early last year, touting nine Feng Shui selling points, the modern Atherton mansion at 96 Ridge View Drive has finally fetched a $21 million contract price. Designed by Stanley Saitowitz and sited on a 1.6-acre parcel with views to San Francisco,... Read More »

Bay Area Employment Actually Dropped Last Month

Bay Area Employment Actually Dropped Last Month

Having hit a record high in February, the number of people living in San Francisco with a paycheck, which typically ticks up in March, actually decreased by 3,400 last month to 572,000 and the unemployment rate, which hit a record low of 2.1 percent at the end of last... Read More »

Bay Area Home Sales Rebound to an 11-Year Low

Bay Area Home Sales Rebound to an 11-Year Low

Having dropped to an absolute 11-year low in January, the number of single-family homes and condos that traded hands across the greater Bay Area increased 12.9 percent in February to 4,354, which was an above-average seasonal jump but remains 12.8 percent below the sales volume at the same time... Read More »

Indexes for Bay Area Home Values Drop, Nearing Negative Territory

Indexes for Bay Area Home Values Drop, Nearing Negative Territory

Having ended last year with the largest month-over-month decline in seven years, 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) dropped another 1.3 percent in January. The index has dropped a total of... Read More »

Bay Area Employment Inches Up to Another Record High

Bay Area Employment Inches Up to Another Record High

With 2018 having ended the year with Bay Area employment at an all-time high, the number of people living in San Francisco with a paycheck has since inched up 700 to a record 574,900 while the unemployment rate in the city, which ended the year at a record low... Read More »