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News Archives - The Ivy Group

Where the Bay Area ranks among the hottest U.S. hiring markets

By Andy Medici – Senior Reporter, The Playbook, The Business Journals Sep 3, 2024 The job marketing is softening nationally, but parts of Northern California and the Bay Area are still among solid hiring markets in the country, especially in terms of pay. That’s according to new data from the research arm of payroll giant ADP, which identified […]

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Bill aimed at regulating drug middlemen heads to Gov. Newsom

By Ron Leuty – Senior Reporter, San Francisco Business Times Aug 30, 2024 A bill that would regulate drug middlemen — known as pharmacy benefit managers, or PBMs — will head to California Gov. Gavin Newsom after state lawmakers passed the legislation Thursday. Senate Bill 966, introduced by Sen. Scott Wiener and Sen. Aisha Wahab, would require […]

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New rules are about to reshape residential real estate, and they could wash a lot of agents out of the business

By Ted Andersen – Digital Editor, San Francisco Business Times Aug 15, 2024 Residential real estate agents in the Bay Area are worried right now, and some may have good reason to be. In a few days, a shake-up takes place that many are calling the industry’s biggest ever. A new set of rules will blow up […]

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$20 billion Bay Area affordable housing bond booted off ballot

By Hannah Kanik – Reporter, San Francisco Business Times Aug 14, 2024 A $20 billion regional affordable housing bond poised for the November ballot will no longer be going before Bay Area voters this fall. The Bay Area Housing Finance Authority voted Wednesday morning to scrap the initiative for now, citing a pending lawsuit against the measure […]

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Top of the List: Family-Owned Businesses

By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Apr 22, 2024 This year’s Family-Owned Businesses list includes 50 businesses, with the top 25 accounting for over $7 billion in (combined) revenue in 2023. And, of the 45 businesses that provided employee numbers, that translates to 7,849 jobs. The top three businesses each had revenues north […]

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These are the most overvalued — and undervalued — housing markets

By Joanne Drilling – National Data Reporter, The Business Journals Jun 16, 2024 Updated Jun 16, 2024 11:19pm PDT If you’re searching for a good deal on a home, the Midwest could be a good place to look. California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone. That’s according to […]

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In major shift, S.F. real estate brokerage says goodbye to its agents in favor of AI

By Ted Andersen – Digital Editor, San Francisco Business Times Jun 12, 2024 Updated Jun 12, 2024 1:08pm PDT In a major shift, San Francisco-based Avenue 8 said it’s shutting down the residential real estate brokerage side of its business in favor of selling its AI-powered real estate assistant Sidekick. The company on Tuesday announced the “strategic realignment” […]

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The Wealthy 1000: Where the money lives

By Joanne Drilling – National Data Reporter, The Business Journals Jun 5, 2024 New York City stands alone when it comes to wealth. That’s according to The Business Journals Wealthy 1000, a new ranking of the nation’s wealthiest ZIP codes based on a weighted formula that looks at a number of wealth metrics. Nine of the top 10 ZIP […]

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Are San Francisco and Silicon Valley’s housing markets overvalued?

By Joanne Drilling – National Data Reporter, The Business Journals Jun 5, 2024 Soaring home prices in the Bay Area are eclipsing the median buying power of local residents at some of the highest levels in the nation. That’s according to data from First American Financial Corp., which found the housing markets in at least half of […]

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How small businesses are approaching real estate

By Joanne Drilling – National Data Reporter, The Business Journals May 2, 2024 Updated May 3, 2024 10:56am PDT How would you describe your future plans for your leased office space? Of your employees who were not working remotely prior to March 2020, how many days per week are those employees currently in the office now? Five days […]

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