East Bay Market Report January 2023
Multifamily While there is some uncertainty about the pandemic’s full long-term ramifications, including how remote working affects office use and commute patterns, East Bay demand is expected to remain strong
Multifamily While there is some uncertainty about the pandemic’s full long-term ramifications, including how remote working affects office use and commute patterns, East Bay demand is expected to remain strong
Multifamily San Jose’s apartment market has largely recovered from the steep demand and rent losses that resulted from the onset of the pandemic. Remote working will remain a prevalent trend
Multifamily The San Francisco apartment market underwent an unprecedented downturn during the pandemic, as the young mobile workforce fled the locked-down city in search of less expensive alternatives. Apartment vacancy
Multifamily The East Bay had been leading the Bay Area in housing development for years, consistently outpacing San Jose and San Francisco. New projects are typically aimed at higher-income renters,
During the pandemic’s peak, many people switched from the urban environment to more suburban and rural settings. The flexibility of remote work led to a desire for more space at
Multifamily San Jose’s apartment market has largely recovered from the steep demand and rent losses that resulted from the onset of the pandemic. Renters have made their way back into
Multifamily As San Francisco emerges from pandemic restrictions, renters are returning nearly as quickly as they left. While likely below where it would have been had the pandemic not occurred,
Multifamily Record demand in 2021 helped offset the negative effects on market fundamentals experienced from the onset of the pandemic in 2020 when net absorption ended the year flat. However,
Over the next few years, the East Bay is set to lead the San Francisco Bay Area in multifamily construction. The region allows for more apartment development with ample and
As expected due to the coronavirus pandemic, asking rent prices have dropped since March 1st in many places around Northern California and the Bay Area. However, that hasn’t been true