According to a quarterly report from Red Oak Realty, home values in Berkeley will benefit from declining inventory levels and the city’s growing population of high-tech employees, some of whom are heading to the East Bay because of high prices elsewhere in the Bay Area.
- Techies that live in Berkeley but work in San Francisco can commute back and forth via Transbay or BART.
- High home prices in San Francisco and the peninsula are driving more buyers to East Bay markets like Berkeley and Oakland.
- North Berkeley, Berkeley Hills and South Berkeley are the city's top neighborhoods for sales activity.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018