Articles Filed Under: Bubble (Or Not)

(435 posts)
Benchmark Mortgage Rate Back Down to a 3-Year Low

Benchmark Mortgage Rate Back Down to a 3-Year Low

The average rate for a benchmark 30-year mortgage has dropped back down to the 3-year low of 3.45 percent it hit three weeks ago, which is within 14 basis points (0.14 percentage points) of the all-time low it hit in November of 2012 and 90 basis points below its... Read More »

Macy’s Shuttering Dot-Com HQ in SF, Expanding in Atlanta

Macy’s Shuttering Dot-Com HQ in SF, Expanding in Atlanta

While Macy’s is shuttering its 243,000-square-foot dot-com space at 680 Folsom Street in San Francisco, which is currently home to around 1,000 macys.com employees and contractors, the company isn’t reducing its ongoing investment in technology or focus on digital growth. In fact, the company is actually planning to expand... Read More »

Luxury Two-Bedroom Fetches $225K Less

Luxury Two-Bedroom Fetches $225K Less

As we outlined in September, having sold for $2.425 million in April of 2016 (with 35 percent down and a below average 2.848 percent interest rate on a $1.58 million loan), the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market priced at... Read More »

Down a Million in Dolores Heights

Down a Million in Dolores Heights

The “one-of-a-kind” view home at 352 Cumberland Street, which totals around 2,800 square feet of space, including two vacant studio units which front the street, and occupies a 2,850-square-foot parcel on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, was... Read More »

Luxury One-Bedroom Takes a $180K Hit

Luxury One-Bedroom Takes a $180K Hit

As we outlined in October: Purchased from the sales office for $1.57 million in February of 2016, the 993-square-foot, one-plus-bedroom unit #8J atop the Lumina plaza building at 333 Beale Street returned to the market priced at $1.449 million this past September. In addition to twelve-foot ceilings, two “spa-inspired... Read More »

Index for Bay Area Home Values Drops Despite Gains Nationwide

Index for Bay Area Home Values Drops Despite Gains Nationwide

Having turned negative last month, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – has shed another 0.6 percent, an outcome which shouldn’t catch any plugged-in readers by surprise. As such, the... Read More »

Home Prices Rise in 93 Percent of Metro Areas, Bay Area Excluded

According to the National Association of Realtors, “single-family median home prices increased year-over-year in 93% of measured markets in the third quarter, with 166 of 178 metropolitan statistical areas showing sales price gains” and an average gain of 5.1 percent over the past year.  And that’s up from 91... Read More »

Timing for Another Approved Tower Pushed Back, Again

Timing for Another Approved Tower Pushed Back, Again

As we outlined early last year, while plans for a skinny 495-foot-tall tower with up to 334 condos, or 72 condos over a 273-room hotel, “depending upon market conditions,” were approved to rise on the downtown parking lot parcel at 524 Howard Street back in 2016, the ground has... Read More »

Appreciation for Bay Area Homes Turns Negative

Appreciation for Bay Area Homes Turns Negative

For the first time since early 2012, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – has dropped on a year-over-year basis, an outcome which shouldn’t catch any plugged-in readers by surprise.... Read More »

View Home Drops Further Below Its 2014 Price in the Heights

View Home Drops Further Below Its 2014 Price in the Heights

As we outlined back in the first quarter of this year: “Touting its location, location, location on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, the “one-of-a-kind home” at 352 Cumberland Street, which totals around 2,800 square feet (including two... Read More »