South Bay Market Report Q1 2024
Multifamily In the first quarter of 2024, San Jose’s multifamily market is in good shape. Demand has certainly fallen since the record peak of 2021-2022, when annual absorption peaked at
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The Mary Alam Team recent sale of a former Aaron Brothers location at 5600 Geary Boulevard in San Francisco was featured in a Hoodline article announcing that the buyer plans to turn it into a Russian Jewish community center.
Multifamily In the first quarter of 2024, San Jose’s multifamily market is in good shape. Demand has certainly fallen since the record peak of 2021-2022, when annual absorption peaked at
Multifamily In the first quarter of 2024, the San Francisco multifamily market is continuing the steady improvement of the past three years. Over the longer term, the apartment market in
Multifamily Most areas of the region had reclaimed pre-pandemic rent levels, but year-over-year growth of-1.1% has stalled after a recent five-year peak of 5.4%. Submarkets in more-densely populated urban areas