Author: Agggregated News
What Will the Realtors’ Settlement Mean for the Bay Area Housing Market? – KQED
Alexis Madrigal Mar 26 at Save ArticleSave Article Failed to save article Please try again Old Victorian houses in San Francisco, California, USA. (Alexander Spatari via Getty Images) Guests: Nicole Friedman, reporter, Wall Street Journal – where she covers the U.S. housing market and the home building industry Vanessa Gamp, president, San Francisco Association of Realtors Jenny Schuetz, senior fellow, Brookings – where her research focuses on improving housing and land use policies
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San Francisco vacancies reach all-time high amid signs of a market shift – NBC Bay Area
Office vacancies in San Francisco reached an all-time high in the first quarter of 2024, but there are signs the market has reached a turning point, according to preliminary data released by real estate firm CBRE. The vacancy rate reached 36.6% in the first three months of 2024, up 1% from the final quarter of 2023. Compared to one year ago, the vacancy rate grew by nearly 12%. But metrics that the firm uses to forecast future demand signaled the beginning of a transition out of the four year downturn.…
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Realtors hold webinar to discuss landmark NAR settlement – NBC Bay Area
A new landmark court settlement changing how real estate brokers and agents are paid is leading to a lot of confusion and concern across the country. Right now, if approved by the courts, the settlement means a buyer can now negotiate their agent’s commission. Experts said it is likely to mean lower housing prices, but also could mean far fewer agents. Real estate company Keller Williams is trying to clear the muddy waters from the settlement agreement by the National Association of Realtors and held a webinar this week. The…
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Vacant San Francisco offices emptier amid positive signs | Business | sfexaminer.com – San Francisco Examiner
San Francisco’s office-vacancy rate rose to a new record high of 36.6% in the first quarter of the year, but there were positive signs that leasing activity and tenant demand might be on track to hit the highest level since 2019, according to preliminary data from the real-estate company CBRE. “The San Francisco office market is beginning to transition out of its four-year downturn. While it will take many years to rebalance supply and demand, we are starting to see positive signs,” said Colin Yasukochi, executive director of CBRE’s Tech…
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