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Real Estate

Development in Newark where more than 160 houses and townhomes will be built. (CBS)

New Homes Coming To Newark, Developers Paying Millions In Fees Instead Of Building Affordable Units

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.

06/23/2014

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

(photo credit: Thinkstock)

Study Shows Oakland Homes Appreciating At Faster Rate Than San Francisco’s

A new report from ZipRealty finds Oakland homes appreciating at a faster rate than San Francisco in the last year.

06/18/2014

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

Real Estate Expert Says China Cash Is Driving Soaring San Francisco House Prices

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.

06/01/2014

A sign advertising an apartment for rent hangs from a fire escape in front of an apartment building July 8, 2009 in San Francisco, California. As the economy continues to falter, vacancy rates for U.S. apartments have spiked to a twenty two year high of 7.5 percent, just short of the record high of 7.8 percent set in 1986. (Photo by Justin Sullivan/Getty Images)

Bill To Halt Mass Ellis Act Evictions In San Francisco Revived

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.

05/29/2014

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

Bay Area Residents Say Housing, Traffic Problems Reaching ‘Crisis’ Level In New Poll

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.

05/28/2014

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

Teachers Being Priced Out Of San Francisco’s Booming Real Estate Market

Teachers in San Francisco say they are being priced out of the city, and even their jobs.

05/27/2014

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

Hundreds of residential units, along with offices and retail could soon be built on this site in Larkspur. (CBS)

Larkspur Residents Concerned Over Proposed High-Density Housing

Residents in Larkspur are concerned over a proposed high-density housing project, saying it would become a nuisance.

05/22/2014

San Francisco Homes For Sale

Bay Area Home Buyers Need Four Times Income Of Some Other U.S. Residents To Afford Average Home

A study from home mortgage tracker HSH.com indicates the average worker in the San Francisco Bay Area needs to earn $137,129 a year to buy the median-priced home in the region, more than four times the salary required in the five cheapest metropolitan areas: Cleveland ($29k), Pittsburgh ($30k), St. Louis ($31), Cincinnati ($31) and Detroit ($32k).

05/20/2014

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