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Condo & Townhouse Sales Falling Behind
We know that real estate is booming, but not all homes are created equal.
Buyer's Market in SF???
For the first time since 2011, the number of homes for sale in San Francisco reached levels similar to that of our last recession with 50% more single family homes on the market than this time last year, and 130% more condos.
High End Buyers Bolster Market
Apparently June was the ideal time for buying a luxury home in San Francisco.
3,000 Units Added to Downtown Oakland
To help remedy the housing shortage, a rush of proposals for new Oakland towers have been submitted.
Slowdown of SF Commercial Property
Despite the rising home prices, SF's commercial real estate market may be foretelling a slowdown in the city's heated tech-driven economy.
15 Companies Moving From SF to Oakland
Quoted directly from SF Business Times (because I could never be so eloquent):
Uber Takes Over Historic Sears Building
Uber plans to open a global headquarter in Oakland by 2017, taking over the iconic Sears building in the middle of Uptown Oakland.
The Gas We Pass
In an effort to build a cleaner and healthier city, Oakland City Council just banned natural gas in all new buildings.
To stay in the city, or not to stay in the city?
With big companies like Facebook, Twitter, and Shopify setting the trend for employees to work from home forever-ish, potential home buyers are wondering why they're living in a pricey city to be close to work when work is actually just their dining table most days anyway.
What does it cost to live near BART?
Here are the ten “most expensive stops” and relative commute times to Downtown San Francisco (defined as Embarcadero station):
You need $6 million to be wealthy in Bay Area
Oh, that's it? Apologies in advance for the buzzkill, but according to a new Charles Schwab survey, to be considered "wealthy" in the Bay Area, you need a net worth of at least $6 million
It's our pandemiversary
Remember last March when the world shut down and we all rushed to the grocery stores to buy toilet paper in an irrational panic?
Bidding War Frenzy
It's rough out there for home buyers—bidding wars, crazy fast appreciation, and homes going into contract in a week!
You Get What You Pay For
Which house would you buy if you had an extra $1.5million lying around?
2021 Breaking All the Real Estate Records
Low interest rates, housing shortage, everyone working from home, etc etc etc., all of which came together to create the perfect storm for another record-breaking year in real estate.
Building a cottage in your Berkeley yard? Just tell your neighbors.
Anyone else read the word “cottage” and think of a quaint little home surrounded by wildflowers in the middle of a forest? No? Just me? Ok cool.
Owning a Home Made More Money Than Your Actual Job
According to Zillow, 2021 U.S. homeowners made more money on average from home appreciation than the median worker earned from their job.