Bay Area adds more than 23,000 jobs in November

The Bay Area gained more than 23,000 jobs during November, the region’s best one-month performance on record, illustrating the continued strength of the economy as the year comes to a close, a report released Friday shows.

The jump in employment …

SamTrans and developer reach deal to let San Carlos Transit Village project begin

SamTrans announced Monday that it has reached an agreement with developer Legacy Partners, paving the way for construction to begin on the San Carlos Transit Village.

According to its press release, SamTrans will receive $750,000 a year over the next …

Commercial Sites hot in San Mateo County

San Francisco and Santa Clara County are two of the hottest commercial real estate markets in the region, if not the nation.
So hot that some of the biggest names in tech town are looking fondly at an area smack …

San Francisco Apartment Dwellers See Little Respite from Escalating Rents

San Francisco’s pricey apartment market continues to put pressure on renters, and it appears that no immediate relief is in sight.

The amount of existing inventory and new projects under construction are inadequate to satisfy unceasing demand, said Blake Pierson, …

Silicon Valley Rents Keep Ramping Up

Apartment properties in Silicon Valley are benefiting from strong job growth in the technology sector and high home values continue to soar, according to a recent report from Marcus & Millichap.

San Jose is the first large metropolitan area to …

San Francisco Apartment Rents Soar

The San Francisco apartment market is among the strongest in the nation after a third-quarter surge in occupancy and rents lifted the metro out of a year of relatively mediocre performance. That is according to a recent report from Marcus …

Western Buyers are Out in Force

How do real estate professionals view the future of apartment market? To find out, Capital One Multifamily Finance polled 200 experts last month at the RealShare Apartments Conference in Los Angeles.

Their feelings came across loud and clear: Western buyers …

When will the Apt. Lights Begin to Dim?

As GlobeSt.com recently reported, Rick Sharga, EVP of Auction.com, cited the reason for the apartment market’s strength. “The continued strength of the apartment sector is directly related to the trends we’ve been seeing in residential real estate, namely the rise …

Apartment Living: It’s Not Just For Millennials

The apartment market is firing on all cylinders—or to be more precise, it is firing across all four areas of the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions. For the third quarter in a row the four …

Bay Area rents are the nation’s highest

As if Bay Area renters needed confirmation, a research firm says San Jose has the nation’s highest rents, with San Francisco coming in a close second.

The San Jose MSA has an average rent of $2,369 per month followed by …