Tag Archives: Downturn

Apartment Demand Ebbs as ‘Avalanche’ of New Units Open

One of the biggest upsides to the downturn in housing has been a surge in demand for apartments. Whether burned by foreclosure or afraid of losing money in homeownership, Americans have run in droves to rent. That resulted in a … Continue reading

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SF property values rebounding

San Francisco property values, as seen through the prism of annual tax assessments, are showing strong signs of rebounding, according to Assessor Phil Ting. Meanwhile, a separate report showed the number of underwater homes in the nine Bay Area counties … Continue reading

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Bay Area June Home Sales Fall in June

July 30, 2012 (Brian Michael) Monthly sales of existing single-family homes and condominiums in the San Francisco Bay area fell from May to June but were still higher year-over-year for the 12th consecutive month according to real estate information provider … Continue reading

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San Francisco Bay Area housing market improves in June

The San Francisco Bay Area’s housing market strengthened in June as increased sales of pricier homes helped push a key gauge of price strength to near a four-year high. The region’s median home price was up 4.3% from May and … Continue reading

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Property tax assessments gradually bouncing back

After several years of downturns, property tax assessments are back up in most Bay Area counties this year, a sign that the beleaguered real estate market is finding stability, even while Silicon Valley firms are in full expansion mode. Still, … Continue reading

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