Drop in Bay Area House Values Is Accelerating

Having dropped 3.5 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – fell another 4.3 percent in August, which was the largest month-over-mont … | Continue reading


@socketsite.com | 2 years ago

Office Vacancy Rate in San Francisco Just Hit a New High

As we outlined earlier this week, the amount of vacant office space in San Francisco has just hit a new pandemic high of 19.9 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, cont … | Continue reading


@socketsite.com | 2 years ago

Office Vacancy Rate in San Francisco Just Hit a New High

Having held at a pandemic high of 21.7 percent in the second quarter of this year, the effective office vacancy rate in San Francisco ticked up another 130 basis points in the third quarter to 23.0 percent, representing 19.9 million square feet of vacant office space in the city, … | Continue reading


@socketsite.com | 2 years ago

Rents in San Francisco Are Up 10 Percent

Despite some recent misreports to the contrary, apartment rents in San Francisco have not risen 18 percent since the start of the year. The weighted average asking rent for an apartment in the city has rebounded around 10 percent from its pandemic-era low last quarter, however, i … | Continue reading


@socketsite.com | 3 years ago

Visualizing All the Vacant Office Space in San Francisco

This is the third print spooler vulnerability to emerge in just five weeks. While a critical flaw was originally identified and patched in June, a similar flaw... | Continue reading


@socketsite.com | 3 years ago

Senior Building Inspector Under Investigation in San Francisco

Bending time and space in slow motionSubscribe: https://bit.ly/3cl3KIuMusic by Epidemicsound: https://bit.ly/3uVlPmI | Continue reading


@socketsite.com | 3 years ago

Asking Rents in San Francisco Continue to Slip

Despite some misreports in the media, apartment rents in San Francisco haven’t started to rebound, as we outlined last month. And in fact, the weighted average asking rent for an apartment in the city has now inched down to $3,050 month, which is down 24 percent on a year-over-ye … | Continue reading


@socketsite.com | 3 years ago

Office Vacancy Rate Continues to Climb in San Francisco

In addition to 7.87 million square feet of un-leased office space now spread across the city of San Francisco, which is up from 6.7 million square feet of un-leased space just three months ago, there is now another 7.99 million square feet of office space which has been leased bu … | Continue reading


@socketsite.com | 3 years ago

Average Rent in San Francisco Has Dropped $1k This Year

With the average asking rent for a one-bedroom apartment in San Francisco having dropped 23 percent over the past year to under $2,700 a month and the average asking rent for a studio having dropped even more, the weighted average asking rent for an apartment in the city, which c … | Continue reading


@socketsite.com | 3 years ago

Visualizing the Vacant Office Space in San Francisco

As we noted last week, there is nearly 12 million square feet of vacant office space now spread across San Francisco, including 5.6 million square feet of un-leased space and 6.2 million square feet of space which has been leased but is now sitting vacant and actively seeking a s … | Continue reading


@socketsite.com | 4 years ago

Nearly 12M Square Feet of Vacant Office Space in S.F

In addition to 5.6 million square feet of directly vacant, un-leased office space spread across the city, which is up from around 3.7 million square feet of un-leased space at the same time last year, there is now 6.2 million square feet of office space in San Francisco which has … | Continue reading


@socketsite.com | 4 years ago

Asking Rents Slip in San Francisco, Nearing Peak in Oakland

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, dropped a little over 5 percent over the past quarter to $4,050 per month. While an end of year drop is typical, keep in mind that the average as … | Continue reading


@socketsite.com | 4 years ago