Tag Archives: homes millbrae

SF’s Iconic Transamerica Pyramid Sells for $650 Million: Report

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

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Another Wave of Vacancies Poised to Roil the Market in SF

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

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Pandemic rent control? Bay Area landlords lose their pricing power

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

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San Francisco condos are the Bay Area’s weakest real estate market. So why aren’t home prices dropping more?

San Francisco is the softest spot in the Bay Area’s mostly booming real estate market, and its condo segment is weakest of all. Inventory has been growing faster than sales, and price reductions — mostly in the condo segment — … Continue reading

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Bay Area rents keep plummeting, especially in S.F. — the latest data by city

Housing rents continue to decline in the Bay Area amid the coronavirus pandemic, especially in San Francisco, which has notoriously had the country’s highest rental prices after overtaking New York City years ago. According to the most recent reports from … Continue reading

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