Tessa McLean

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So far Tessa McLean has created 8 blog entries.

San Francisco drops to third most expensive city to rent

A for-rent sign hangs outside an apartment building in San Francisco on Jan. 4, 2022.Douglas Zimmerman/SFGATE When New York City surpassed San Francisco as the most expensive city in which to rent an apartment in August 2021, it was the first time any major metro cost more than SF since Zumper started tracking rental data

By |2022-10-26T09:52:04-07:00October 25th, 2022|Industry News|

As companies face economic uncertainty, office vacancies in San Francisco continue to grow

San Francisco has 27.1 million square feet of office space available across the city, a record high, according to new data recently released by commercial real estate firm CBRE. If you need a visualization of that staggering number, that’s just over 20 Salesforce Tower’s worth of office space available — and SF’s tallest building has

By |2022-10-24T09:53:40-07:00October 24th, 2022|Industry News|

How interest rate hikes, stock market dips are affecting Bay Area real estate

Uncertainty continues to plague the Bay Area real estate market in the midst of another federal interest rate hike and an ongoing stock market slump. Although sales are cooling across the region, market analysts don’t think we’re in a buyer's market locally — yet. “We’re obviously going through some sort of market correction,” said Compass chief

By |2022-09-22T09:51:33-07:00September 22nd, 2022|Industry News|

San Francisco homes that sold for under $1 million in August

The Bay Area housing market is notoriously unaffordable, with homes often selling for way over their asking prices. Even with interest rates rising and the market showing signs of cooling, the median home price in San Francisco was nearly $1.5 million in July 2022, according to Redfin.That means it's pretty difficult to find a single-family

By |2022-09-05T09:50:44-07:00September 5th, 2022|Industry News|

Downtown Napa home with underground winery for sale

It’s not unusual for homes in wine country to have lavish wine cellars or even a small vineyard on a property. But this 1870s Victorian home has an underground winery right in the heart of downtown Napa. And now, it’s for sale for $2.5 million.The four-bedroom, three-and-a-half-bathroom house would be great for a home winemaker

By |2022-09-05T09:50:44-07:00September 5th, 2022|Industry News|
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