CFAH

Articles Filed Under: San Jose (And South)

(340 posts)
Index for Bay Area House Values Decelerates, Condo Index Slips

Index for Bay Area House Values Decelerates, Condo Index Slips

Having held in October, 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 November for a year-over-year gain of 18.2 percent, which was down 3.7 points from... Read More »

Over 500,000 Bay Area Jobs Have Been Recovered, But…

Over 500,000 Bay Area Jobs Have Been Recovered, But…

Having increased by 6,300 in November, the net number of people living in San Francisco with a paycheck ticked up by 2,600 in December to 549,400, dropping the local unemployment rate to 3.0 percent with 42,700 more employed residents in the city than there were at the end of... Read More »

Indexes for Bay Area Home Values Hold, Poised to Turn

Indexes for Bay Area Home Values Hold, Poised to Turn

Having inched up 0.1 percent in September, 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 unchanged in October versus a 1.1 percent gain at the same time last year. And... Read More »

New Unemployment Claims Near Pre-Pandemic Levels, But…

New Unemployment Claims Near Pre-Pandemic Levels, But…

Having dropped to a pandemic-era low of 51,484 in October, the number of new unemployment claims filed across the Bay Area fell to 36,421 in November, which was within 40 percent of pre-pandemic levels and down from an average of nearly 200,000 new claims a month since March of... Read More »

Nearly 500K Bay Area Jobs Have Been Recovered, 157K to Go

Nearly 500K Bay Area Jobs Have Been Recovered, 157K to Go

Having increased by a downwardly revised 4,500 in October, the net number of people living in San Francisco with a paycheck increased by 6,300 in November to 546,800, dropping the unemployment rate to 3.3 percent with 37,800 more employed residents in the city than there were at the same... Read More »

Bay Area Unemployment Claims Drop to a Pandemic-Era Low

Bay Area Unemployment Claims Drop to a Pandemic-Era Low

The number of new unemployment claims filed across the Bay Area dropped to 51,484 in October, which was down from 138,831 in September, the fewest new claims since the pandemic hit and down from an average of 125,372 new claims a month in the third quarter of this year.... Read More »

Musk’s Massive Silicon Valley Estate Sold for $30 Million

Musk’s Massive Silicon Valley Estate Sold for $30 Million

The resale of the 47.5-acre Silicon Valley estate at 891 Crystal Springs Road in Hillsborough, which Elon Musk purchased for $23.364 million in June of 2017 and returned to the market priced at $35 million last year, has closed escrow with a contract price of $30 million having been... Read More »

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 »