As if things weren’t changing fast enough in Silicon Valley’s real estate market, the new Levi’s Stadium is shifting things into overdrive. The 49ers have yet to take the field in their new home, but the gold rush is already on in the neighborhoods surrounding the new park.
The latest residential data shows key indicators in housing are mixed. The market is said to be recovering, but not yet recovered.
In his Bubble Watch blog post, Jed Kolko writes that while national prices among the top 100 markets are 3% undervalued, that’s not the case in most California markets. All three Bay Area Cities included in the survey, San Jose (6th most overvalued), Oakland (7th) and San Francisco (10th). The value determination is found by comparing current prices with historic values, income and rents.
Empty lots will soon turn into Newark’s first new housing in years. But most people will be priced out, and city leaders may prefer it that way.
New data on the Bay Area housing market indicates a sharp increase in home values paired with higher rents across the region.
A new report from ZipRealty finds Oakland homes appreciating at a faster rate than San Francisco in the last year.
More and more, home buyers are bringing a once-rare tactic to the negotiation — all-cash offers. In San Francisco, a lot of those buyers are coming from China.
A bill that would allow the city of San Francisco to limit the mass eviction of tenants in rent-controlled properties has squeaked through the state Senate after the author agreed to make changes.
Most Bay Area residents belive the region’s high cost of housing and increasing congestion on local roadways are reaching “crisis” levels, according to a new poll released Wednesday.
Teachers in San Francisco say they are being priced out of the city, and even their jobs.