Category Archives: SF Bay Area News

What would happen to Bay Area home prices if a recession hit?

For those who never bought a home near the peak of a housing market, or tried to sell one during a trough, it may seem as though prices never fall, because over the long term they tend to go up, … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Bay Area home prices see largest May-to-June drop on record

The Bay Area’s once-scorching pandemic housing market continued to cool in June, with home prices plunging to the largest monthly drop for this time of the year in at least three decades. In June, the median price of existing single-family … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

House Prices in San Francisco & Bay Area Experience Steep Declines from April Peak Craziness, Down Year-over-Year

Sales volume plunged 38%. By Wolf Richter for WOLF STREET. The median price of single-family houses in the San Francisco Bay Area peaked in April and has dropped every month since then. By July, the median price, at $1.33 million, was down by … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Bay Area housing market sees rise of ‘second home’ sales

“I can’t afford a $2 million condo where I’m at in my business [in San Francisco]. This way I have a little summer house, a place where I can go jump in the pool … where I can move my … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Luxury developer ousting liveaboards in South San Francisco

KPIX says that the corporate developer served notices to longtime OCM residents on June 16, 2022.  “As a part of our planning for the neighborhood, we are currently re-evaluating the long-term use of the marina and intend to terminate all … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment