Articles Filed Under: San Jose (And South)

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Proposed Timeline and Route for New Rail Line over the Bay

Proposed Timeline and Route for New Rail Line over the Bay

As envisioned by Cross Bay Transit Partners, which is private affiliation between Facebook and Plenary, in conjunction with the San Mateo County Transit District, the Dumbarton Transportation Project would yield a new high-capacity rail link “between residential neighborhoods in the East Bay and job centers on the San Francisco... Read More »

Bay Area Home Sales Dropped to Another 11-Year Low

Bay Area Home Sales Dropped to Another 11-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 5,341 this past December, that’s down 13.2 percent from November (versus typically ticking up), down 21.6 percent on a year-over-year basis, and the lowest December sales total since 2007, which marks another 11-year seasonal low,... Read More »

Indexes for Bay Area Home Values Drop, Condos Hit Particularly Hard

Indexes for Bay Area Home Values Drop, Condos Hit Particularly Hard

Having slipped another 0.7 percent in November, 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 – has shed 1.4 percent over the past quarter and its year-over-year gain has dropped nearly five... Read More »

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Having been priced at $29.8 million early last year, touting nine Feng Shui selling points (including that the “grounded nature of the home will allow the owner to expand their income”), the list price for modern Atherton mansion at 96 Ridge View Drive was reduced to $27.8 Million in... Read More »

2018 Ended with Bay Area Employment at a Record High

2018 Ended with Bay Area Employment at a Record High

The number of people living in San Francisco with a job ticked up by 2,000 in December to a record 572,800, roughly matching the December increase in the labor force (1,900) which held the unemployment rate in the city, which hit a record low of 2.1 percent this past... Read More »

Bay Area Home Sales Drop, Median Price Trending Down

Bay Area Home Sales Drop, Median Price Trending Down

Having rebounded to a 7-year seasonal low in September, the number of single-family homes and condos that traded hands across the greater Bay Area totaled 6,147 in November, down 14.1 percent on a month-over-month basis (versus a typical seasonal drop of around 10 percent) and 15.2 percent lower versus... Read More »

Palo Alto Prestige Trades for Nearly $2 Million Less

Palo Alto Prestige Trades for Nearly $2 Million Less

Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home at 1117 Hamilton Street, which sits on a “prestigious Crescent Park” parcel and features “exquisite architectural and interior design, exotically-sourced materials, hand-crafted finishes, and elegant appointments throughout,” returned to the market listed for $8.95 million in... Read More »

Indexes for Bay Area Home Values Slip and Fall

Indexes for Bay Area Home Values Slip and Fall

Having slipped 0.7 percent in October, 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 – has shed a total of 1.0 percent over the past quarter and its year-over-year gain has dropped... Read More »

Bay Area Employment Trends up to Another Record High

Bay Area Employment Trends up to Another Record High

Having ticked up in October, the number of people living in San Francisco with a job increase by another 5,500 over the past month to a record 571,000 at the end of November and the labor force increased by 5,000 to 583,700, pushing the unemployment rate, which hit a... Read More »

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

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

Having plunged to an 11-year seasonal low in September, the number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,158 in October, up 19.8 percent on a month-over-month basis but 6.5 percent lower versus the same time last year and a mere 7-year... Read More »