East Bay Counties Fastest Growing in CA from the Mercury News
September 11, 2016
The most recent figures from the U.S. Census Bureau show the Bay Area’s population is increasing — and it’s increasing quickly, pushing home prices up and sending many renters scrambling for an affordable place to live.
The populations of San Francisco and the East Bay, especially around Oakland and Hayward, grew by more than 50,000 people between 2014 and last year, according to the bureau.
Only the Los Angeles, Long Beach, Riverside and San Bernardino areas experienced similar growth in California.
The San Jose area added about 22,500 people between 2014 and last year, according to the numbers released Thursday.
“It’s really not surprising at all,” said Rufus Jeffris of the Bay Area Council, a business-sponsored, public policy advocacy organization for the nine-county Bay Area. “The Bay Area is still a desirable place to live, despite the high cost of living. There’s great weather, good schools. There’s lots of reasons why people want to live here.”
Alameda County saw the second-highest population growth in the state between July 1, 2014, and the same period last year, rising by 1.6 percent, according to the bureau. Contra Costa County was the fifth-highest in the state, growing at 1.4 percent.
Nancy Moore, a realtor with Pacific Union in Oakland’s Montclair district, said the East Bay’s hot real estate market reflects the growing population.
At least 80 percent of her listings in the upscale neighborhood and in the Berkeley hills get multiple offers, said Moore, a realtor for 20 years.
“It could even be higher,” she said. “It’s certainly the highest that I have ever seen since I’ve been in the business.”
Read the article at The Mercury News