1BR Rentals – Now Average $2,800 in SF!

SOMA Leads the Way, with an Average Rent of $3,475/mo, from SFList.com

 

Image via Priceonomics.com.
Unless you’ve been living under a (rent-controlled) rock, you know that rental wars are in full swing, and another rent map shows just how expensive the city has become. According to the map, the average rent for a one bedroom in the city is now about $2,800, a two bedroom is $3,875, and a three bedroom is $4,750.

The map is put together by online price guide Priceonomics, whose genesis story (“We hate getting ripped off or […]

Western States Lead Rebound in Home Prices

Strong price growth in California and other Western states helped the U.S. see its biggest year-over-year jump in home prices in almost seven years.

U.S. home prices in February rose 10.2 percent from a year earlier, the research firm CoreLogic said. It was the 12th straight month of steadily rising prices — up 0.5 percent from January.

“The rebound in prices is heavily driven by Western states,” Mark Fleming, CoreLogic’s chief economist, said in a statement. “Eight of the top ten highest appreciating large markets are in California, […]