Here’s a quick look at some of the biggest stories shaping housing, development, and local life around the Bay Area this week.

Candlestick Megaproject
Construction could finally begin on the long planned Candlestick Point redevelopment at the former Candlestick Park site in southeast San Francisco. The 280 acre waterfront project already has approvals for about 7,200 homes along with parks and commercial space and could become one of the city’s largest new neighborhoods if it moves forward this year.

Marin Workforce Housing
Marin County is exploring the Oak Hill Workforce Housing Project near the San Quentin Rehabilitation Center that would create 135 apartments for teachers, school staff, and county employees struggling to live where they work. Officials say the project could help reduce long commutes and retain essential workers in one of the Bay Area’s most expensive counties.

Affordable Housing Fund
San Francisco based nonprofit BRIDGE Housing announced a $92 million first close for a new Impact Fund aimed at acquiring and preserving affordable and workforce housing across the West Coast. The fund could grow to $350 million and support roughly $1 billion in housing investments including about 3,500 homes.

• Bay Area home prices remain extremely high. The regional median home price is around $1.25M, with prices holding relatively steady despite higher borrowing costs.

• San Francisco prices are rising again. The median home price in San Francisco reached about $1.5M, up roughly 7.7% year over year, with homes selling in about 14 days on average.

• Mortgage rates are still shaping buyer behavior. The average 30 year mortgage rate is just above 6%, creating affordability pressure but still encouraging some buyers ahead of the spring market.

• Inventory remains tight, keeping competition strong. Limited listings across many Bay Area markets continue to support home values and drive multiple offer situations in desirable neighborhoods.

📩 Want to better understand what this means for the future of Bay Area housing? We’re here to help — send us a message at [email protected].

San Francisco St. Patrick’s Day Parade [March 14, 2026 - 2nd and Market to Civic Center Plaza, San Francisco]

Giants FanFest Open House [March 14, 2026 - Oracle Park, San Francisco]

Hands on History, Second Saturdays on Angel Island [March 14, 2026 - Detention Barracks Museum, Angel Island]

Makers Market Local Artist Street Fair [March 14, 2026 - Santana Row, San Jose]

Mexica New Year Ceremony and Celebration [March 14 to 15, 2026 - Emma Prusch Park, San Jose]

St. Patrick’s Day Celebration [March 14 to 15, 2026 - Civic Center, Dublin]

International Cultural Festival [March 21, 2026 - International House, UC Berkeley]

Tulip Day [March 21, 2026 - Union Square, San Francisco]

Friday Happy Hour at Golden Gate Bandshell [March 20, 2026 - Golden Gate Bandshell, San Francisco]

5th Annual Kids Festival at Golden Gate Bandshell [March 28, 2026 - Golden Gate Bandshell, San Francisco]

Crucial Reggae Sunday [March 29, 2026 - Golden Gate Bandshell, San Francisco]

That’s it for this week’s newsletter. If you found something useful, share it with a friend, and if you are thinking about buying, selling, or just trying to make sense of the Bay Area market, reach out anytime.

Want to discuss your options? Reach out anytime at [email protected]