#bay-area-housing-market tag

AI is quietly splitting the housing market in two: Bay Area luxury homes are up 13%, affordable ones are collapsing | Fortune

Some owners of lower-end properties have missed out on the AI boom, with home prices in the most affordable Bay Area zip codes declining over the past two years. It's another sign of the K-shaped economy taking shape in the Bay Area, with AI lifting the fortunes of some households and neighborhoods much more than others.

Silicon Valley real estate

Real estate

fromwww.mercurynews.com

2 months ago

San Jose apartments with failed loan have suffered plunge in value

A San Jose 50-unit apartment complex, The Neo on First, defaulted on a $21 million loan and faces likely foreclosure after significant valuation decline.

East Bay real estate

fromwww.mercurynews.com

7 months ago

Which 10 the Bay Area homes had the best prices the week of Sept. 1?

An Oakland house sold for $307,000, the week’s most affordable Bay Area sale, while the area average home price was $1.6 million.

East Bay real estate

fromThe Mercury News

7 months ago

How to negotiate commissions with your real estate agent

A recent legal settlement lets buyers and sellers negotiate who pays broker commissions, creating opportunities to reduce or reallocate typical 2.5–3% buyer-agent fees.

#san-jose-real-estate

fromThe Mercury News

7 months ago