Articles Filed Under: San Jose (And South)

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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 »

Former Yahoo Exec’s Perch Fetches 54 Percent of Original Price

Former Yahoo Exec’s Perch Fetches 54 Percent of Original Price

Dubbed “The Perch,” the nearly 8-acre Silicon Valley estate owned by Yahoo’s former Chief Marketing Officer in Woodside, which includes over 7,000 square feet of finished space, with a four-bedroom main home, a pool house with a full kitchen, an adjacent guest house, an exercise studio, terraced lawns, a... 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 »

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 »

Menlo Park House of Light Fetches $5.5 Million

Menlo Park House of Light Fetches $5.5 Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot eight years ago, the award-winning “House of Light” at 625 Hobart Street, which first hit the market in 2016 priced at $8.5 million, has sold for $5,537,500 or roughly $1,099 per square foot.... Read More »

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

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

Having jumped 2.1 percent in March to a record high, 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 one (1.0) percent in March and is now running 10.9... Read More »

Bay Area Employment Inches Up, but Not in San Francisco

Bay Area Employment Inches Up, but Not in San Francisco

While the unemployment rate in San Francisco is holding at a record low 2.1 percent, the number of people living in the city with job has actually dropped by 4,900 to 552,900 since the beginning of the year. And while the estimated change in employment last month was a... Read More »

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

New Feng Shui Selling Points for that Modern $30 Million Mansion

New Feng Shui Selling Points for that Modern $30 Million Mansion

With a buyer yet to emerge for the modern Atherton mansion which sits on a 1.6-acre parcel at 96 Ridge View Drive, the marketing materials for the Stanley Saitowitz designed home, which currently sports a $29.8 million price tag, have just been updated to highlight nine “Feng Shui Features”... Read More »

Bay Area Unemployment Drops, but Employment Drops as Well

Bay Area Unemployment Drops, but Employment Drops as Well

While the unemployment rate in San Francisco has just dropped to a record low 2.1 percent, the number of people living in the city with job has actually dropped by 5,400 to 552,400 since the beginning of the year, having dropped by 3,200 last month alone. But with the... Read More »