Articles Filed Under: San Jose (And South)

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Bay Area Employment Ticks Up, Unemployment Near Record Low

Bay Area Employment Ticks Up, Unemployment Near Record Low

Having dropped in August, the number of people living in San Francisco with a job increased by 7,900 over the past month to a record 577,500 in September while the labor force increased by 6,900 to 577,500 and the employment rate dropped from 2.4 percent to a near-record 2.2... Read More »

Bay Area Home Sales Remain at a 7-Year Low

Bay Area Home Sales Remain at a 7-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,659 in August, down 9.9 percent on a year-over-year basis and another 7-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 466 in August, down 4.3... Read More »

Palo Alto Prestige Now Listed for $1.5 Million Less

Palo Alto Prestige Now Listed for $1.5 Million Less

Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home which sits on a “prestigious Crescent Park” parcel at 1117 Hamilton Street returned to the market listed for $8.95 million in September of 2017. Relisted for $8.95 million this past February, the asking price for the... Read More »

Index for Bay Area Home Values Inches Up, Condos Slip

Index for Bay Area Home Values Inches Up, Condos Slip

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 July to a record high and is running 10.8 percent higher on a year-over-year basis but with uneven... Read More »

Bay Area Employment Drops along with Unemployment Rates

Bay Area Employment Drops along with Unemployment Rates

Having recorded an above-average bump in seasonal hires in July, the number of people residing in San Francisco with a job dropped by 3,000 over the past month to 557,200. But with the labor force having dropped by 3,300 to 570,900, the employment rate in the city dropped from... Read More »

Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Having hit the market with a bit of fanfare and an $88 million price tag back in 2015, the 21,400-square-foot Los Altos Hills home at 27500 La Vida Real was quietly listed behind an undisclosed address for $68 million early last year and subsequently reduced to $55 million this... Read More »

Bay Area Home Sales Slip to a 7-Year Seasonal Low

Bay Area Home Sales Slip to a 7-Year Seasonal Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,547 in July, slipping 0.3 percent on a year-over-year basis to a 7-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 482 in July, down an... Read More »

Index for Bay Area Home Values Inches Up, NY Slips, Vegas Jumps

Index for Bay Area Home Values Inches Up, NY Slips, Vegas Jumps

Having ticked up 1.1 percent in May, 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 0.5 percent in June to an all-time high and is running 10.7 percent higher... Read More »

Designer $8.4 Million Home Suddenly Returns

Designer $8.4 Million Home Suddenly Returns

As we wrote early last year: Designed by the owner-architect, Mary Maydan of Maydan Architecture, and built on a quarter-acre Palo Alto lot back in 2005, the still contemporary home at 925 Addison Street is now on the market with an $8.995 million price tag. The five-bedroom home measures... 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 »