Lot's of little projects popping up and reservations for them mounting up. In a way I'm sorta glad to see this happening. It's better than the alternative. The projects that are going up, at least in my farm, (North County Coastal) are higher end in nature.
As a land finder for several developers, my phone rings three or four times each week with land acquisition managers pleading with me to find them land to build on. I've found plenty of land, but few owners willing to sell it. This is the common story in Bay Area real estate - lots of buyers, few sellers.
The home builders are back at work in the City. You can see construction everywhere, mostly condominium towers being built in many locations along Market Street, Van Ness. Some of them will be rental properties. The condominiums are also selling quickly before construction is completed.
I have notice similar situation in the East Bay, I noticed Emeryville has many new projects going on.
Some are being built as rentals but not that many.
Everywhere you look there are recently built condos or towers currently under construction.