People are leaving S.F., but not for Austin or Miami. USPS data shows where they went
J.K. Dineen, San Francisco Chronicle Feb. 17, 2021 San Francisco residents abandoned the city in droves during the first eight months of the pandemic, but they generally did not venture very far, according to new data from the United States Postal Service. The postal...
People are leaving S.F., but not for Austin or Miami. USPS data shows where they went
J.K. Dineen,Feb. 17, 2021 San Francisco residents abandoned the city in droves during the first eight months of the pandemic, but they generally did not venture very far, according to new data from the United States Postal Service. The postal service analysis of...
Here’s what home prices look like right now for each Bay Area county
by Susie Neilson, SF Chronicle The coronavirus pandemic and struggling economy couldn’t keep a lid on Bay Area home prices, which hit new records in 2020, according to a new report. The median price for a single-family home in the Bay Area was $1.06 million in...
Where the San Francisco Bay Area rent market stands at the outset of 2021
Over the past year, Bay Area rental prices have plummeted at a historic pace as people fled the ultra-pricey market during the pandemic. But data shows that many didn’t look too far away for their next home. California’s capital region — the Sacramento area plus...
California leaders fear remote culture could fuel business departures
Tech company departures to lower-cost states during the pandemic stoke worries about companies moving elsewhere. By KATY MURPHY @ Politico SACRAMENTO — Fed-up Californians have been trading their cramped, pricey apartments for affordable living in cheaper states for...
Buying a house? Here’s where all-cash deals are most competitive.
PUBLISHED FRI, DEC 11 2020 Diana [email protected]/[email protected]@DIANAOLICK All-cash sales now make up about 36% of the market, according to realtor.com. Some markets are seeing a much lower share of cash buyers, such as Denver; San Diego’; Oakland, California; and...
San Francisco condos are the Bay Area’s weakest real estate market. So why aren’t home prices dropping more?
Kathleen Pender Oct. 27, 2020 Updated: Oct. 27, 2020 1:03 p.m. 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 —...
California, Sacramento, S.F. home sellers have record equity
Time to test the market? California home sellers walking away with record amounts of cash BY TONY BIZJAK, SACRAMENTO BEE, OCTOBER 22, 2020 Despite the economic downturn caused by the coronavirus pandemic, Californians who sold their homes this summer pocketed record...
Bay Area home buyers scoop up shrinking inventory at furious pace – SFChronicle.com
The Bay Area real estate market continued its roaring recovery in September, as buyers took advantage of ultra-low mortgage rates to scoop up a shrinking number of homes for sale at an astonishing pace. The median price for an existing, single-family home in the Bay...
JP Morgan Chase to spend $30 billion to close the racial wealth gap
By Charisse Jones USA TODAY Amid a national reckoning on racism, JP Morgan Chase says it will dedicate $30 billion to closing the racial wealth gap, from granting loans that help Black and Latino Americans purchase homes to helping the unbanked open checking and...