While the vacancy rate for larger, multi-unit apartment buildings in San Francisco had only ticked up from around 5 percent in the second quarter of last year to around 6 percent in the second quarter of 2020, that single percentage point increase represented around 1,500 newly vacated units, or... Read More »
Having slipped under $3,600 in August, the weighted average asking rent for an apartment in San Francisco has just dropped to under $3,400 a month, which is down nearly 6 percent over the past month alone (having dropped closer to 3 percent a month over the prior quarter), down... Read More »
Having slipped to just under $3,600 last month, the weighted average asking rent for an apartment in San Francisco has since dropped another 5 percent to $3,425, which is now down 20 percent on a year-over-year basis and 23 percent below a 2015-era peak, driven by a sharp increase... Read More »
As we outlined two months ago, back in early July: Despite the fact that the weighted average asking rent for an apartment in San Francisco is already down over 10 percent on a year-over-year basis and offers of complimentary rent are on the rise, vacancy rates are still ticking... Read More »
Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco overall ticked up another 1.1 percent... Read More »
Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco has ticked up another 4.5 percent in the... Read More »
Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of shiny new space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up another 2.2 percent... Read More »
According to a survey of apartment buildings by Cassidy Turley, the rental vacancy rate has dropped to 3.2 percent in San Francisco as average rents have climbed 9 percent over the past year, one point below the double-digit growth rate we noted to expect in May. Read More »
“The Fed sought to calm the post-covid inflationary environment by design. In that, this differs from...” [more]
“Cute piece of political rhetoric, I have to admit it's almost convincing. You must have spent a fair...” [more]
“The bay isn't the rest of the country though. My wife is a real estate agent/builder and the amount ...” [more]
“Huh, you must be missing the NATO calls to shift to wartime economy … plenty of wildcards. Also...” [more]
“Absolute steal of a deal. That is all....” [more]
“I haven't checked recently, is there some shortage of medical office and/or surgery space in The Cit...” [more]
“UPDATE: Following today's quarter point hike, the probability of the Fed having hiked rates "by at ...” [more]
“The travesty becomes apparent when a SF union member is out there trying to find hosing for their gr...” [more]
“UPDATE: Modern Day Classic Fetches Nearly $800K Less...” [more]
“UPDATE: As projected, the Bay Area index has now dropped on a year-over-year basis and conitues to ...” [more]