Monthly Archives: June 2020

Oakland, S.F. neighborhoods fastest gentrifying in U.S.

Nearly one-third of poor neighborhoods in Oakland and San Francisco experienced gentrification between 2013 and 2017, the highest rate in the country according to a new national study. San Jose was also among the top 10 cities in the U.S. … Continue reading

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Bay Area Rental Prices Dropping As Exodus From Region Continues

SAN FRANCISCO (KPIX 5) — The decrease in Bay Area rental prices has been significant this year, especially in the most expensive cities.  Some median prices have even dropped by double-digit percentages. San Francisco is still the most expensive city … Continue reading

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Once Booming San Francisco Apartment Market Goes in Reverse

Rents in San Francisco, the most expensive apartment market in the U.S., are tumbling as the city’s vaunted tech sector sheds jobs and more tenants leave the city. The apartment vacancy rate in San Francisco rose to 6.2% in May, … Continue reading

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Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks

Based on employment data through the second week of April, at which point the ongoing impact of the COVID-19 pandemic was still picking up steam, the estimated number of San Francisco residents with a paycheck has dropped by nearly 92,000 … Continue reading

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Bay Area home sales fall by half in May vs. last year; prices off 2.5%

The coronavirus pushed Bay Area home sales off a cliff in May. The number of existing, single-family home sales that closed last month fell 51.1% compared with the same month last year and the median price dropped 2.5%, according to … Continue reading

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