Monthly Archives: November 2020

San Francisco, Bay Area Rents Plummet Due To Space Concerns, COVID-19

On Tuesday, reports by several realtor and rent-tracking companies found that San Francisco has seen overall rent prices drop by up to 31% since September of 2019, with other Bay area locations also seeing significant drops in rent prices. According … Continue reading

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Facebook expands again in Fremont as big tech lifts real estate market

Facebook has signed two large office leases in Fremont despite the spread of remote work during the coronavirus pandemic, a positive sign of growth for the beleaguered Bay Area economy. The social media giant confirmed leases of 111,465 square feet … Continue reading

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Inventory Levels Drop in SF, Reductions Poised To Rise

As was to be expected, the number of homes on the market in San Francisco, net of new sales and contract activity, both pending and closed, ticked down another 3 percent over the past week to 1,790, which is down … Continue reading

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Here’s how much it cost to buy a house in the Bay Area (before the outbreak)

Market watchers in the Bay Area are curious to see what the ongoing pandemic will do to home sales in the near future. Even for those unable to buy or sell property, what happens to home value is a critical … Continue reading

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San Francisco turned ghost town? Here’s what’s happening with housing, real estate amid pandemic – KGO

SAN FRANCISCO (KGO) — Walking through San Francisco’s South of Market and Financial District feels like a ghost town. 90-percent of the city’s workforce is working from home and people are leaving the city. The ABC7 I-Team is digging into … Continue reading

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