Articles Filed Under: San Jose (And South)

(174 posts)
Menlo Park House of Light Reduced Another Million

Menlo Park House of Light Reduced Another Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot seven years ago, the award-winning “House of Light” at 625 Hobart Street hit the market early last year priced at $8.5 million or roughly $1,690 per square foot. Reduced to $6.8 million at... Read More »

Projected Timing for Electrification of Caltrain Pushed Back to 2022

Projected Timing for Electrification of Caltrain Pushed Back to 2022

While the Caltrain electrification project officially broke ground this past July, at which point the electrified service was expected to be up and running by the second to last day of 2021, including five months of budgeted leeway for project risk factors, the latest forecast for completing the project... Read More »

San Francisco Home Sales Take a Hit

San Francisco Home Sales Take a Hit

While the number of single-family homes and condos that traded hands in San Francisco proper only dropped 0.8 percent from 485 in July to 481 in August, the sales volume was down 14.0 percent versus the same time last year and the month-over-month decline was muted by a downward... Read More »

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Having hit the market priced at $12.4 million five months ago, the nearly 8-acre Woodside estate owned by Yahoo’s former Chief Marketing Officer has just been relisted anew for $10.5 million. Dubbed “The Perch,” the compound at 835 La Honda Road includes over 7,000 square feet of finished space,... Read More »

Employment in SF Hits Record High but Unemployment Ticks up Too

Employment in SF Hits Record High but Unemployment Ticks up Too

The number of people living in San Francisco with a job inched up by 600 in August to a record 548,500. But with the labor force having grown by 1,000 to 568,300, and the number of unemployed residents having increased to 19,700 (which is the highest tally in a... Read More »

Bay Area Home Sales Drop to a Six-Year Low, Median Price Slips

Bay Area Home Sales Drop to a Six-Year Low, Median Price Slips

While Bay Area home sales typically drop around 6 percent from June to July with normal seasonality in play, the sale volume dropped over 17 percent in 2017, from 9,114 sales in June to 7,534 in July which is down 2.6 percent versus the same time last year and... Read More »

Woodside Estate Drops to 34 Percent of 2012 Price

Woodside Estate Drops to 34 Percent of 2012 Price

As we wrote earlier this year: Originally marketed by Sotheby’s for $47.5 million in 2012, the 3.4-acre Woodside estate dubbed “Woodhaven Manor” at 700 Kings Mountain Road – which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a 1,000-square-foot guest house –... Read More »

Massive Silicon Valley Ranch has Just Sold

Massive Silicon Valley Ranch has Just Sold

Adjacent to the even more massive San Felipe Ranch, which totals over 28,000 acres of Silicon Valley land and is owned by the heirs of Bill Hewlett and David Packard, the 3,653-acre Richmond Ranch at 7500 San Felipe Road has traded hands for $25 million. While the former cattle... Read More »

Bay Area Home Sales and Prices Moved Rather Unevenly in June

Bay Area Home Sales and Prices Moved Rather Unevenly in June

The number of single-family homes and condos that traded hands in San Francisco inched up 0.7 percent from 566 in May to 570 in June versus a typical seasonal gain of closer to 3 percent. And on a year-over-year basis, sales actually slipped a percent versus an 11.0 percent... Read More »

SF Employment Dropped in First Half of 2017, First Time since 2009

SF Employment Dropped in First Half of 2017, First Time since 2009

With no growth in the number of people living in San Francisco with a job last month (542,100), despite an increase in the labor force by 2,800 to 559,800, the unemployment rate in San Francisco ticked up from 2.7 to 3.2 percent in June. And for the first time... Read More »