Link Corkery has been tracking Bay Area job growth for over two decades. His findings have been the subject of many of his RHANAC (Rental Housing Association of Northern Alameda County) articles and analysis. We have found that by studying the trends in employment we can predict movement in the rental market.
Link predicted that rents would begin going up in 2005, and in November 2008 he accurately predicted that rents would peak that year. In November 2009 he stated that the East Bay rental market was currently going through the worst of the downturn and anticipated it would soon start a recovery. (more…)

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I went to my apartment building in Oakland California today to see a unit which we were turning over and stumbled across a super savvy couple who are flipping houses. It turns out they are updating and flipping the house right next door to my apartment at 5300 Walnut St in Oakland.

Dan and Martha of Marlee Properties

Dan and Martha of Marlee Properties with Nick Myerhoff at 5300 Walnut Street in Oakland


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SF Bay
The rental market in San Francisco has been on fire for months. I first noticed the trend around March 2011 when I called to get information on a nice little apartment building for sale in the Mission. The broker said he had 3 offers over asking. I knew immediately that the market had turned, and it has only goten stronger over the ensuing months as anyone in the real estate world can attest.

Young tech workers flush with huge salaries and stock options flock to desirable neighborhoods, driving up prices in an already competitive rental market. And when renters get priced out of San Francisco where do you think they go? You guessed it Oakland. Consequently the East Bay rental market, which lags about six months behind San Francisco, is beginning its run up. This is first seen in top markets such as Lake Merritt and Rockridge where BART provides easy access to San Francisco.
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