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Lender Seizes Foreclosed San Jose Office Property

Lender Seizes Foreclosed San Jose Office Property

by Phil Hall | May 28, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
Report: Bay Area Affordable Housing Development Falling Short of Target

Report: Bay Area Affordable Housing Development Falling Short of Target

by Phil Hall | May 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is good news and not-so-good news regarding the state of affordable housing in California’s Bay Area. First, the good news: data from the newly published Bay Area Affordable Housing Pipeline 2024 Report detailed that 433 projects are now in various stages of...

Outbound Migration from the Bay Area Down 13% Year-Over-Year

by Phil Hall | Jan 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bay Area recorded a net outflow of 26,000 homebuyers in the fourth quarter of 2023, down 13% from one year earlier, according to a new data report from Redfin (NASDAQ:RDFN). An analysis of home search activity on Redfin.com determined the flow of homebuyers...
First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Aro Homes, an early-stage company focused on designing and building carbon negative, sustainably built, single-family homes, announced its first completed residence designed by Olson Kundig, the Seattle-based global design practice, has been listed for sale at $4.2...
New Portal to Highlight Affordable Housing in the Bay Area

New Portal to Highlight Affordable Housing in the Bay Area

by Phil Hall | Jun 30, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bay Area Housing Finance Authority (BAHFA) has introduced the Doorway Housing Portal as a new platform for locating affordable housing in California’s Bay Area. According to BAHFA, the Doorway Housing Portal will centralize housing listings across the region and...
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