BAY AREA WEEKLY RECAP

Live from the Bay Area — this week’s newsletter breaks down the biggest housing moves, development updates, new food worth trying, and free community events happening across the Peninsula and Santa Clara County.

New Homes at Point Martin, Daly City

An interest list is now forming for Point Martin, a new hilltop community in Daly City with sweeping San Francisco Bay views. Pricing starts from $1,382,511, with modern new construction homes in a prime Peninsula location.

Why it stands out
  • Scenic hilltop setting with bay views

  • Close to BART, Caltrain, US 101, and SFO

  • Near Thornton State Beach, Mussel Rock Park, and Serramonte Center

  • Flexible floor plans with 3 to 4 beds and 2 car garages

  • Ability to personalize layouts and finishes

📩 Want to discuss your options?
Email [email protected] and we’ll help you decide if Point Martin is the right move for you.

BAY AREA DEVELOPMENTS & REAL ESTATE

California Housing Bond
A proposed $10B statewide housing bond could appear on the June ballot, funding affordable housing, rentals, wildfire prevention, and first time buyer programs. The goal is to move already approved projects into real construction.

Redwood City Downtown Plan
Redwood City is advancing a new downtown plan with housing near Caltrain, mixed use districts, more retail and nightlife, and climate focused upgrades like green space and safer streets.

Martinez Waterfront
Martinez is exploring a $500M marina and waterfront redevelopment with a hotel, event spaces, dining, and retail to create a new regional destination.

South San Francisco Biotech Growth
Healthpeak bought a 1.4M sq ft life science campus for $600M, growing its South San Francisco footprint to 6.5M sq ft and signaling continued biotech investment.

MARKET TRENDS

  • Prices remain elevated across much of the Bay Area, with single family homes and luxury segments leading gains, especially in core SF and Peninsula neighborhoods.

  • Inventory is still tight, keeping competition strong for well priced homes despite slower overall sales activity compared to peak years.

  • Mortgage rates have eased into the low 6 percent range, improving affordability slightly and pulling more buyers back into the market.

  • Market conditions vary by subregion with San Francisco and the Peninsula staying competitive, while parts of the East Bay show more balanced conditions and negotiation room.

  • Early 2026 outlook points to steady demand heading into spring, driven by lower rates, limited supply, and renewed confidence tied to tech and AI driven job growth.Overall months of inventory held low at 1.4, keeping sellers in a strong position.

📩 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].

JUST LISTED BY OWN REAL ESTATE

2440 Tipperary Avenue, South San Francisco
4 Bed | 2 Bath | 1,500 Sq. Ft.

What you can expect:

Light filled living room with large windows and recessed lighting
🍽️ Open dining and family room layout designed for everyday living
🔥 Family room with electric fireplace, exposed ceiling beams, and backyard access
🍳 Updated kitchen with new stainless steel appliances and ample cabinetry
🛁 Updated bathrooms with quartz counters, LED mirrors, and modern finishes
🌿 Expansive paved backyard ideal for entertaining and outdoor use
🚗 Attached 2 car garage, updated roof, insulation, and new concrete driveway

Interested in touring? Reach out!

Wilson Leung | DRE 01904259
📩 [email protected]
📞 650.280.8888 Call or Text

FOOD & DRINK

JUST OPENED IN THE BAY AREA

BICI COFFEE

Coffee shop in a nice modern space with outdoor seating.

MENLO PARK

SANGRIA & SALT

Bold, flavor packed plates that blend Latin Caribbean and Cajun influences, from jerk chicken chilaquiles and ropa vieja pappardelle to Cajun shrimp pasta, rich sauces, and shareable tapas made for lingering over drinks.

SAN FRANCISCO

WATCH MORE

SF Just Approved a Massive 67-Story Tower

Last Time the Market Was This Expensive, Investors Waited 14 Years to Break Even

In 1999, the S&P 500 peaked. Then it took 14 years to gradually recover by 2013.

Today? Goldman Sachs sounds crazy forecasting 3% returns for 2024 to 2034.

But we’re currently seeing the highest price for the S&P 500 compared to earnings since the dot-com boom.

So, maybe that’s why they’re not alone; Vanguard projects about 5%.

In fact, now just about everything seems priced near all time highs. Equities, gold, crypto, etc.

But billionaires have long diversified a slice of their portfolios with one asset class that is poised to rebound.

It’s post war and contemporary art.

Sounds crazy, but over 70,000 investors have followed suit since 2019—with Masterworks.

You can invest in shares of artworks featuring Banksy, Basquiat, Picasso, and more.

24 exits later, results speak for themselves: net annualized returns like 14.6%, 17.6%, and 17.8%.*

My subscribers can skip the waitlist.

*Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.

UPCOMING EVENTS

KEEP AN EYE OUT!

  • Global Village Multicultural Festival - Quinlan Community Center, Cupertino (Feb 1, 2026).

  • Media, Information, & AI Literacy - Mitchell Park Library, Palo Alto (Feb 15, 2026).

  • South FIRST FRIDAYS ArtWalkSJ - SoFA District on South 1st Street, San Jose (Feb 6, 2026).

  • First Fridays at San Jose Museum of Art - San Jose Museum of Art, San Jose (Feb 6, 2026).

  • Family Movie: Wonder - Sunnyvale Public Library, Sunnyvale (Feb 8, 2026).

  • Viva CalleSJ - San Jose (Apr 19, 2026).

  • Free First Fridays - San Mateo County History Museum, Redwood City (Feb 6, 2026).

  • 15th Annual Lunar New Year Celebration - Courthouse Square, Redwood City (Feb 28, 2026).

  • Free Computer Classes - East Palo Alto Library, East Palo Alto (Feb 24, 2026).

  • Stories in the Park: Magical Bridge - Magical Bridge Playground, Redwood City (Feb 24, 2026).

THIS NEWSLETTER IS BROUGHT TO YOU BY OWN REAL ESTATE

That’s this week’s Bay Area snapshot, covering housing, development, food, and free things to do across the region. If you’re thinking about buying, selling, or just want to understand how these changes connect to your neighborhood, we’re always happy to talk. Thanks for reading — and we’ll see you next week.

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

That's it for this week's newsletter. If you found something useful, please share it with friends. Stay tuned for more updates on detailed developments, new restaurants, news, and other Bay Area things. If you would like us to cover something you know about, please let us know!

— Wilson Leung

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