San Francisco
REAL ESTATE
San Francisco Bay's only private island hits the real estate market
Purportedly won in a bet, the Bay Area's only private island is up for sale with an asking price of $25 million. A tour of one of Chris Lim's real estate listings in the San Francisco Bay Area requires a trip on the water. As the former president of Christie's International Real Estate, he's had his fair share of unique listings. "I've been selling real estate for 21 years. I love a really interesting challenge," he said. "A fire house, a church, a parking spot." But a $25,000,000 private island? "This is my very first," he said. Lim is the listing...
San Francisco benefits from housing law that streamlines approval
SAN FRANCISCO - To address the state's housing crisis, California enacted a Statewide Housing Plan in 2022. It says that every city and county must build its share of new homes to meet a total of 2.5 million new homes the state estimates it will need by 2031. San Francisco's part of the job is to build 82,000 units by the same deadline.
Berkeley housing prices projected to increase next year, mirroring Bay Area trends
With the median price for a single-family home in the Bay Area reaching $1.46 million in May — a 12% increase from last year that nears a record $1.5 million median price set in April 2022 — Berkeley’s housing market remains an outlier with its current decline in prices.
Index for Bay Area Home Values Ticks Up, YOY Gain Slows
Having ticked up 2.6 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East Bay, North Bay and Peninsula) ticked up another 2.0 percent in April, albeit with some seasonality still in play.
220 Park in Burlingame Signs Office, Retail Tenants
Joint venture partners Dostart Development Company, LLC and Sares Regis Group of Northern California recently secured two new leases at the newly completed 220 Park development in downtown Burlingame. Private equity firm SkyKnight Capital confirmed to the San Francisco Business Times that it had leased approximately 10,000 square feet of office space, relocating its headquarters from San Francisco to the new 185,000-square-foot Class A office and retail project.
Real Estate Listing Agent in Larkspur, CA – Oliver Burgelman – Marks 21 Years of Market Expertise
Oliver Burgelman, an experienced real estate listing agent in Larkspur, CA, is celebrating 21 years of outstanding service in the real estate industry. His journey has been marked by an unwavering dedication to his clients and an in-depth understanding of the local market dynamics. Since beginning his career at Zephyr Real Estate and later transitioning to Vanguard Properties, Oliver has consistently leveraged his vast experience to benefit his clients in every transaction.
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