Monthly Archives: October 2020

Biden recently discussed raising income taxes north of 60% in California and that would disincentivize many from investing there. If people aren’t spending the money then the market isn’t moving; San Francisco has seen a huge slowdown in their number … Continue reading →

Median one-bedroom prices were down 20.7% compared with October 2019, dropping to an average of $2,800. The two-bedroom median dropped 2.9% from the month prior to $3,690. SF hit a plateau for its price drops, staying pretty steady from September … Continue reading →

The Transamerica Pyramid, arguably the most iconic figure in San Francisco’s skyline, has been sold for $650 million to a New York investment firm in the most expensive U.S. commercial real estate deal since the start of the coronavirus pandemic, … Continue reading →

While the vacancy rate for larger, multi-unit apartment buildings in San Francisco had only ticked up from around 5 percent in the second quarter of last year to around 6 percent in the second quarter of 2020, that single percentage … Continue reading →

It took a virus, not political action, to prune the pricing power of California landlords. The coronavirus has hammered the state economy, and the once rock-solid residential rental market has been especially hard hit. Data from the Consumer Price Index … Continue reading →