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year to year 52% reduction in the availability of homes for sale. property managers tell me that real estate rebound is because of a kind of perfect storm. the price interest rates, and growth, economic growth. reporter: he showed me the new condos, this bath unit, about 450,000, he says well below the replacement costs, the urban housing for 10,000 residents, entertainment and dining. but the image, an uphill battle, even for people working in oakland. putting family first, making sure people are safe. a lot of upsides, more than down sides. i think oakland is changing. a lot, and i love oakland, but san francisco, i think is still a more fun environment for me right now. reporter: that is the new battle of the bay, john fowler, ktvu channel 2 action news. and the man known as america s oldest teen died today. dick clark suffered a massive heart attack following out patient procedure at a hospital in santa monica. he was 82. clark was a fixture for 40 years