COVID: Rents Falling Fast In San Francisco-Bay Area Cities Due To Pandemic

San Leandro CA

29 December, 2020

1:38 PM

Description

By Joe Vazquez, CBS San Francisco December 28, 2020 SAN FRANCISCO (KPIX) – Rents continue to fall and disproportionately impact the San Francisco Bay Area housing market, according to a new study. Analysts at AdvisorSmith found that ten of the top 25 cities in the U.S. where rents are falling the most, are in the Bay Area, as compared year-to-year. San Francisco is number 4 in the nation, after Odessa, TX (1); Midland, TX (2); and Williston, North Dakota (3). Other Bay Area communities include Mountain View (5), Sunnyvale (6), Redwood City (8), San Mateo (11), Oakland (15) and San Jose (19). Read more at CBS San Francisco