Home prices

home_oakland

Silicon Valley Exodus Is Real, Even Techies Can’t Afford The Bay Area Anymore

After years of techies and start ups flocking to Silicon Valley, now they are flocking away, for better pay and more affordable places to live.

05/26/2015

SF apartment rentals on Craigslist. (CBS)

Think Bay Area Rent Is High? Rents Are Rising Everywhere Faster Than Inflation, Experts Say It’s Going To Get Worse

The average U.S. rent has climbed 14% to $1,124 since 2010. That’s four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period.

04/14/2015

Bel-Air

Silicon Valley Techies Ditch Pricey Bay Area, Head South To Buy Mansions, Pied-A-Terres For Less

Los Angeles real estate agent Tami Pardee says tech buyers from Silicon Valley make up about 10 percent of her current clients. “They’re buying second homes — or third or fourth homes.”

03/21/2015

(Justin Sullivan/Getty Images)

San Mateo County Sees Drop In Home Inventory, Dramatic Rise In Prices

It’s a seller’s market in the Bay Area right now. Inventory is low, particularly in San Mateo County.

03/15/2015

A sale pending sign stands in front of a home for sale in San Francisco. (Justin Sullivan/Getty Images)

Listing Prove Some European Castles More Affordable Than A San Francisco Condo

And these castles aren’t exactly fixer-uppers either — these are liveable, go-ahead-and-fill-the-moat, literally-fit-for-a-king residences that you can actually move into.

03/13/2015

A sale pending sign stands in front of a home for sale in San Francisco. (Justin Sullivan/Getty Images)

San Francisco Bayview-Hunters Point Real Estate Prices Soaring; $100,000 Over Asking Price Is Common

One of the most economically disadvantaged neighborhoods of San Francisco is seeing home prices soar as it joins the current real estate boom.

07/28/2014

A home for sale in San Francisco

May Home Survey Finds Another Big Jump In Bay Area Prices, Rents

New data on the Bay Area housing market indicates a sharp increase in home values paired with higher rents across the region.

06/23/2014

Rows of new homes line a street in a housing development on December 4, 2013 in Oakland, California. (Justin Sullivan/Getty Images)

Noted California Economist Expects Economic Boom To Soon Hit East Bay

Chris Thornberg, founding partner of Beacon Economics, said businesses will eventually follow, as many people with jobs in San Francisco and Silicon Valley have already moved to the East Bay.

05/29/2014

realestateflyer

Would-Be Berkeley Home Buyers Advertise They Are Flush With Cash

Usually it’s sellers who take out real estate ads, but in the Bay Area’s searing hot housing market, one Berkeley couple fed up with being outbid has resorted to advertising the millions in cash they’re ready to spend on a dream home.

05/23/2014

KPIX 5's Juliette Goodrich grew up at this home in Pleasanton. Her parents bought this home in 1973 for $56,000. It is currently worth about $850,000. (CBS)

KPIX 5 Juliette Goodrich’s Childhood Home An Example Of Hot Real Estate Market

With the Bay Area real estate market red hot, it’s hard to believe that houses were once sold for five figures. KPIX 5 reporter Juliette Goodrich went back to the East Bay home she grew up in to explore how the market has changed.

05/02/2014

more