Items Tagged with 'Bay Area'

ARTICLES

  • Home sales continue to soar in Bay Area

    Sales over $1 million reach record high
    The Bay Area continues to see homes fly off the market even amid rapidly rising home prices. Not only does the median home price continue to increase, but the number of homes that sold for $1 million or more this February rose about 33% year over year, to a record high level.
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  • Monday Morning Cup of Coffee: LinkedIn invests $10m in Silicon Valley affordable housing

    The rent is too damn high!
    Every week, it seems like there’s another example of people (or companies) going to extremes to secure housing in the Bay Area. Earlier this year, Facebook and Google both announced plans to help build new, affordable housing in Silicon Valley. And now, LinkedIn is joining in too. All that, and more, in your Monday Morning Cup of Coffee.
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  • Bay Area residents consider great exodus in response to rising home prices

    Median home price hits $804,000
    A recent report from the California Association of Realtors showed the state’s infamous housing situation isn’t getting any better, with the number of people that can afford the Golden State’s averaged-priced home dropping even lower. Now, these growing home prices sparked more than half of its residents to express their desire to leave the Bay Area.
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  • Bay Area suddenly heats up again

    Home sales increase by 10% in November
    After California’s recent cool-down in home sales, the Bay Area is heating up once again with increases in home sales during November. But is this a temporary post-election spike, or a new housing trend?
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  • San Francisco home sales fall to lowest level since crisis

    Distressed property sales fall to 15-year low
    It’s still getting more expensive to buy a home in the San Francisco Bay Area, and those continually rising costs are depressing home sales in the area to levels not seen since the housing crisis. Here are more details on the Bay Area housing market, and a look at what the future holds.
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  • From HW Magazine

    A perfect storm in Silicon Valley

    How the Bay Area’s insane job market creates an unsustainable and even crazier housing situation
    The Silicon Valley area added 385,000 jobs between 2010 and 2015, but only issued building permits for 58,000 units in that same time frame, creating an unsustainable housing marker that shuts out all but the richest buyers. What, if anything, can be done to cool off skyrocketing home prices?
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  • Bay Area's high housing costs leave local commuter trains without engineers

    New rail line cites housing costs in struggle to find employees
    The famously high cost of housing in San Francisco and the surrounding Bay Area has a new commuter train line in desperate need of new engineers as candidates for the position repeatedly tell the Sonoma-Marin Area Rail Transit agency that it's simply too expensive for them to live where they’d be working.
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