Housing
“Asking Rents” in SF Down Nearly 20% From Peak
City Insight, Housing Thanks to Socketsite for letting us know that “asking rents” (i.e. the rent that landlords are hoping to get in their advertisements) in San Francisco are down nearly 20% from their 2015-era peak and still appearing to drop. While the current weighted average of $3,600 a month still isn’t “cheap,” it’s more...
How to Negotiate Lower Rent with Your Landlord
Getting Help, Housing Thanks to SF Gate for letting us know that highlighting stories about how some local tenants are negotiating with landlords to reduce their rent. In an article published Thursday, reporter Emily Blaire highlighted several instances of Bay Area renters getting lower rent like 20% off a house in the Excelsior, $900/month more...
SF Renters May Finally Have More Negotiating Power
City Insight, Housing Thanks to KPIX for letting us know that the COVID rental market has shifted things in the Bay Area and that the rental market has “come back to earth.” “The balance of power has absolutely shifted” – Jeff Tucker, economist, Zillow According to Zillow, current lease holders and renters have more leverage more...
Breakdown of SF’s Rental Market by Neighborhood
City Insight, Housing Thanks to SFGATE for letting us know how the plunge in the San Francisco rental market breaks down by neighborhood. Zumper National Rent Report for July 2020 shows that one-bedroom rents are down 11.8% across the city, (June 2019 to June 2020) beating the previous month’s record of largest decline ever more...
SF’s Record-Breaking Rent Drop. Prices Down 11.8% from 2019
City Insight, Housing Thanks to ABC7 for letting us know that San Francisco rents are continuing to drop by a record pace as companies embrace remote work. According to Zumper, Rents for one-bedroom apartments in San Francisco have dropped by 11.8% since June 2019. That’s the largest year-over-year decline, beating last month’s record. Read the more...
