Category Archives: SF Bay Area News

Mid-century modern Bay Area home sells for $1 million over asking

The home, which hit the market in April, lasted a mere 10 days before a sale was pending. Listing agent Kevin Tannahill told KPIX the home received 11 offers, all at least $200,000 over asking. The owners accepted the offer that was … Continue reading

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One type of home loan has become cheaper than others as rates spike. Here’s what it means for Bay Area real estate

The widening gap is a stark example of the squeeze that high housing prices and rising mortgage rates are putting on average home buyers, especially those entering the market. “The conforming-loan buyers are usually first-time home buyers and they are … Continue reading

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‘Everything was a battle’: S.F. homelessness nonprofit leader leaves Bay Area as cost of living soars

The futility and hypocrisy simply became too much, he said in a series of phone interviews from his new home on the East Coast. “It’s a beautiful city,” he said about San Francisco. “But it’s fraudulent. We are a fraudulent … Continue reading

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Newsom wants $600 million to convert spaces like offices to housing. Will S.F. respond?

But developers have said there are numerous hurdles to converting offices to housing, including high construction costs and lack of access to light and air within structures. The city’s Planning Department database shows no major office to housing conversions have … Continue reading

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Office vacancies hit new high in San Francisco Bay Area

San Francisco’s commercial real estate vacancy hits 24% as companies such as Splunk downsize Data analytics company Splunk is not moving its headquarters, but it is downsizing its office space in downtown San Francisco. The move is part of a … Continue reading

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