Tag Archives: Influx

San Francisco housing market booms bigger than ever

Plummeting inventory of homes for sale accompanied by a new wave of tech workers have San Francisco’s rental and real estate markets continuing to boom. The average monthly price of an apartment lease has risen to $2,734 — up 12.9 … Continue reading

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Facebook IPO Could Create at Least $1 Billion in Property Value

The Bay Area real estate market might be in a mini housing bubble that’s being fueled by Facebook’s IPO. This week the social media giant is expected to open its doors to the general public. Overnight, Facebook will become a … Continue reading

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Real estate recovery likely to be slow

Fair warning to U.S. real estate players: Resign yourselves to “a slowing grind-it-out recovery” in 2012, as “enduring economic doldrums” continue to weigh heavily on the market. Your best bets: a small handful of “property-wealth islands,” including San Francisco and … Continue reading

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Influx of workers drives up rental rates in San Francisco and San Mateo County

Rent costs are on the rise in San Francisco and San Mateo County due to a sluggish homeownership market and housing demand from tech industry workers opting to rent instead of buy, according to new data compiled by Novato-based RealFacts. … Continue reading

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