Housing Bubble 2 Hits Rough Spot in California
by Wolf Richter
Tripped up by “eroding affordability and persistently low inventory.”
Pending home sales in California, based on signed contracts, fell 2.6% in October compared to a year ago, the...
Greystar Proposes Massive 6-Block, 590,000 SQFT Office and 272-Unit Residential Project in Redwood City
By Vladimir Bosanac
Charleston, SC-based Greystar is no stranger to Redwood City. But the company’s newest proposal for a massive mixed-use development on El Camino Real will look to redefine...
After Spending $49MM on San Jose Property, Developer Brings Plans to Light
By Michele Chandler
The site of a folksy but aging shopping strip and one-time Christmas tree lot in San Jose could transform into a modern “urban village” containing townhomes and...
The US Cities With The Biggest Housing Bubbles
But red-hot Seattle has first back-to-back declines since 2014!
By Wolf Richter
The S&P CoreLogic Case-Shiller National Home Price Index for October, released this morning, jumped 6.2% year-over-year (not-seasonally-adjusted), up from 6.1%...
New 28-Story Mixed-Use Development Planned for Downtown Oakland
By Meghan Hall
As the housing market improves and job opportunities in the Bay Area have increased, so has development in downtown Oakland. The East Bay city is in the...
Oakland’s Massive Brooklyn Basin Development Set to Break Ground in April
After securing a financing agreement with Swiss banking giant UBS, Oakland-based Signature Development Group will finally break ground on a $1.5 billion, 65-acre project that when finished will feature...
McNellis: A Broken Compass?
By John McNellis
Does outspending your competition buy you the best talent? Of course. Does it guarantee you the World Series championship? Not so much. Just ask last year’s Los...
Redwood City Council Approves First Development in New Waterfront District
By Meghan Hall
Redwood City’s waterfront — specifically the Inner Harbor — has long sat underutilized and undeveloped, despite its easy access to the San Francisco Peninsula and Silicon Valley....
502-Unit Phase 4 of Trinity Place in San Francisco Breaks Ground
By Jon Peterson
Trinity Properties, founded by Angelo and Yvonne Sangiacomo in the early 1960s, has started construction on the fourth phase of the Trinity Place apartment complex in San...
SJSC Towers Project Gets Green Light From San Jose
By Jacob Bourne
The SJSC Towers mixed-use project proposed for San Jose’s Downtown received approval on March 15 at a Planning Director’s hearing. The project site is right across from...
