Articles Filed Under: East Bay

(405 posts)
Average Asking Rents in San Francisco and Oakland Slip

Average Asking Rents in San Francisco and Oakland Slip

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as those in larger developments, slipped another 1.4 percent over the past month to $4,170, which is 2.0 percent lower than at the same time last year and 6.6 percent below a peak... Read More »

Seasonal Hiring Pushes Bay Area Employment to a Record High

Seasonal Hiring Pushes Bay Area Employment to a Record High

With an above-average bump in seasonal hires, the unemployment rate in San Francisco dropped from 2.7 percent in June to 2.4 percent in July, with the labor force having increased by 8,700 to 574,400 and the number of people residing in the city with a job, including summer interns... Read More »

Oakland Tower Newly Rendered, City Seeks Outstanding Design

Oakland Tower Newly Rendered, City Seeks Outstanding Design

As we first reported earlier this year: Plans for a pair of residential towers to rise up to 275 feet in height at 325 Seventh Street, on the edge of Oakland’s Chinatown, were first approved by the city seven years ago, the ground for which has yet to be... Read More »

East Bay Office Market Lull

East Bay Office Market Lull

While still below average, the vacancy rate for East Bay office space has ticked up from 8.2 percent at the beginning of the year to over 9 percent today, including an uptick in the vacancy rate for existing office space in Oakland’s Central Business District (from 6.6 percent to... Read More »

Approved Berkeley Project in Play

Approved Berkeley Project in Play

As we first reported last year: Plans to level the former Northwest Berkeley service station turned abandoned tax office at 1740 San Pablo Avenue are in the works. And as proposed, a five-story building with 48 apartments over 4 street level live/work units and a stacked garage for 53... Read More »

Refined Design for Taller Oakland Tower

Refined Design for Taller Oakland Tower

With an extra 15 feet of height and an additional 19 units approved last month, the final design review for the now 452-unit tower approved to rise up to 395 feet in height at 1900 Broadway, adjacent to the historic Tapscott Building in Uptown Oakland, which is to be... Read More »

Index for Bay Area Home Values Ticks Up, Led by the Middle Again

Index for Bay Area Home Values Ticks Up, Led by the Middle Again

Having ticked up a percent in April, 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 another 1.1 percent in May to a new record high and is now running... Read More »

Median Price Holds but Bay Area Home Sales Drop to a 4-Year Low

Median Price Holds but Bay Area Home Sales Drop to a 4-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 8,337 in June, a 9.2 percent drop in sales on a year-over-year basis and a 4-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 593 last... Read More »

Rents in San Francisco Hold, Tick Up in Oakland

Rents in San Francisco Hold, Tick Up in Oakland

Having slipped a nominal 0.3 percent over the past month, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as those in larger developments, is now running around $4,230 a month, which is 0.6 percent higher than at the same time last... Read More »

Bay Area Employment Slips, San Francisco Nears Negative Growth

Bay Area Employment Slips, San Francisco Nears Negative Growth

The unemployment rate in San Francisco jumped from 2.1 to 2.7 percent in June as the number of people living in the city with a job dropped by 1,600 to 550,600 while the labor force increased by 1,600 to 565,600. And while there are still 113,900 more people living... Read More »