Tag Archives: homes millbrae

Why recession could hit San Francisco harder than other cities

Egan sees the Federal Reserve’s plan to raise interest rates as the likeliest trigger for a recession. “Tech is probably the sector of the economy that’s more sensitive to interest rates,” Egan said. “That places us at greater risk.” Higher … Continue reading

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Zillow data shows impact of rising mortgage rates on how much San Francisco home buyers are paying

“Home prices in the Bay Area have shot up since the pandemic, but historically low mortgage rates have kept monthly payments somewhat affordable,” said Matt Kreamer, data spokesperson for Zillow, in an email. “Now that rates are ballooning, more and … Continue reading

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Editorial: San Francisco’s plan to end single-family zoning is a cheap lie

Undeterred, white property owners searched for legal end-arounds. And they found one in single-family zoning. White elites had almost exclusive access to the kind of capital needed to purchase a freestanding home. And so single-family zoning became a tool for … Continue reading

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S.F. rents have diverged from every other big U.S. city in one key way

The data illustrates just how much the Bay Area’s economy and rental market stand apart from other big U.S. cities, especially the population centers in the Sun Belt, which saw an influx of renters during the pandemic that caused vacancies … Continue reading

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Bay Area home prices go up again, but experts say a cooldown is coming

Bay Area home prices saw another month of double-digit increases this spring — with the biggest bump coming in Santa Clara County. But experts are waiting for high mortgage interest rates to pour a little cold water on that heat … Continue reading

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