Steven Huang October 5, 2020
Real Estate
Since the start of the Pandemic, many Bay Area urbanites seem to be heeding the call to go east and north. San Francisco’s Chief Economist Ted Egan last week conjectured that the City’s 43% sale tax drop is being triggered by a rare drop in population.
Other indicators are falling rents and BART ridership, which is now at 25% of normal. Home prices are up the most in Marin, Napa, and Contra Costa counties. Many remote workers are now suddenly released from downtown condos and trying out their green thumbs in the backyards of suburban and even rural homes and so it is that some would-be San Francisco homebuyers are now buying in Oakland, Pleasanton, or Richmond, pushing buyers there to the more affordable Central Valley. Many Sacramento agents, for example, are reporting a torrent of migration from the Bay Area.
Thinking about moving out of the City? Our team has served buyers in seven counties this year alone and we have a network of local agents out there. Want to take advantage of the unprecedented opportunity to buy a condo in the City? We can help!
Browse our blog posts to be in the know.
Navigating Airport & Freeway Noise in San Francisco
A Guide for Locals and Visitors
Full Guide to 79 different farmers’ markets in San Francisco and beyond.
Where Curiosity Meets Creativity – Top Early Learning Centers for Your Child’s Bright Beginning
A Parent’s Guide to Quality Childcare
Top Scenic Parks Near San Francisco for Nature Lovers
Discovering Your Perfect Bay Area Escape
Top Biking Trails Near San Francisco
Embrace the Ease of Travel Across the Bay Area
Unveiling the Best Amenities Near San Francisco
Your Guide to Fresh Finds and Specialty Foods in the Bay Area
A Creative Guide to the Top Schools Near San Francisco
Discover the Best Asian Markets Near San Francisco
Top Taquerias Near San Francisco
Best Hiking Trails Near San Francisco
Top Dog Parks Near San Francisco
Top 10 Must-Try Restaurants Near San Francisco
You’ve got questions and we can’t wait to answer them.