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Articles Recently Tagged: COVID-19

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COVID Case Rate Spikes in San Francisco, Hospitalizations Jump

COVID Case Rate Spikes in San Francisco, Hospitalizations Jump

While 69 percent of San Francisco residents have been fully vaccinated for COVID-19, and another 7 percent of the population has received their first dose of the vaccine, the Covid-19 case rate in San Francisco has spiked from an average of under 15 new cases per day in June... Read More »

Rebound in S.F. Rents Slows, Still Down Over 20 Percent

Rebound in S.F. Rents Slows, Still Down Over 20 Percent

Having rebounded a combined 6 percent in May and June, the weighted average asking rent for an apartment in San Francisco has since ticked up around (1) percent to $3,275 per month. As such, the average asking rent for an apartment in the city is still over 20 percent... Read More »

Bay Area Employment Inches Up, Still Down Over 300K

Bay Area Employment Inches Up, Still Down Over 300K

Having increased by 5,700 in May, the number of people living in San Francisco with a paycheck increased by 4,700 in June to 521,400, representing the most employed residents in San Francisco since the pandemic hit and 33,100 more employed residents in the city than there were at the... Read More »

Eviction Moratoriums Extended [UPDATED]

With over 6 million households in the U.S. still in arrears on their rents, the Centers for Disease Control and Prevention has just extended the federal moratorium on evictions, which was slated to expire at the end of this month, through July 31, 2021, noting that this is intended... Read More »

Rents Have Ticked Up an Uneven 4 Percent in San Francisco

Rents Have Ticked Up an Uneven 4 Percent in San Francisco

Having bottomed out in May, the weighted average asking rent for an apartment in San Francisco has since ticked up a little over 4 percent to $3,175 per month, but with the average asking rent for studios and one-bedrooms having only ticked up around 2 percent versus a 5... Read More »

Bay Area Employment Rebounding, But…

Bay Area Employment Rebounding, But…

Having slipped in April, the number of people living in San Francisco with a paycheck increased by 5,300 in May to 516,300, representing the most employed residents in the city since the pandemic hit and 37,500 more employed residents than at the same time last year. That being said,... Read More »

San Francisco Reopened, Unscheduled Open Houses Allowed

For the first time since early 2020, real estate Open Houses and showings can once again be held in San Francisco without any capacity, distancing or scheduling requirements in place, as all pandemic related business and activity restrictions, other than for “mega-events” events with more than 5,000 people indoors,... Read More »

Rents in San Francisco Tick Up as Vacancy Rate Drops, But…

Rents in San Francisco Tick Up as Vacancy Rate Drops, But…

Having bottomed out at around $3,050 last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in San Francisco has since ticked up around 2 percent to $3,125 per month but is still 24 percent lower than prior to the... Read More »

Bay Area Employment and Labor Force Slip

Bay Area Employment and Labor Force Slip

While the State’s Stay Home Order were lifted in January and local restrictions on indoor dining, gyms, museums and other indoor attractions were relaxed in early March, with bars having since been allowed to reopen as well, the number of people living in San Francisco with a paycheck actually... Read More »

Apartment Rents in San Francisco Appear to Have Bottomed

Apartment Rents in San Francisco Appear to Have Bottomed

Having continued to inch down last month, the weighted average asking rent for an apartment in San Francisco appears to have bottomed at around $3,050 a month, down around 25 percent since the pandemic hit and nearly 32 percent below a 2015-era peak. And with the average asking rent... Read More »