Monthly Archives: October 2022

SAN FRANCISCO (KGO) — As consumers are hit with rising interest rates for the third time, a local economist predicts big impacts will soon hit the Bay Area rental market. Whether it’s at the grocery store or the gas pump, … Continue reading →

And this was during the summer rally as mortgage rates dropped to 5%, stocks bounced, the Fed “pivoted,” and the Good Times started all over again. By Wolf Richter for WOLF STREET. Home sales that closed in August were made somewhere from a … Continue reading →

Leasing activity totaled around 800,000 square feet, the lowest level in two years. The vacancy rate is more than six times higher than it was at the start of the pandemic, when it was 4%, and is up from 20% … Continue reading →

“We’re creating a smaller venue, and for the same amount of folks, but it’s a smaller venue and we’re hoping that really drives a life in the building: more energy, more activity,” Tenanes told the Wall Street Journal.  That includes … Continue reading →

English High-rise condos near San Francisco’s downtown—which account for the bulk of San Francisco’s newer housing stock—are piling up amid rising interest rates and a shift in the city’s housing market. The luxury condos are another casualty of San Francisco’s … Continue reading →