Articles Filed Under: Industry Stuff

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Rents in San Francisco Drop Even More, But…

Rents in San Francisco Drop Even More, But…

Having slipped to just under $3,600 last month, the weighted average asking rent for an apartment in San Francisco has since dropped another 5 percent to $3,425, which is now down 20 percent on a year-over-year basis and 23 percent below a 2015-era peak, driven by a sharp increase... Read More »

High-End Loft Reduced 27 Percent, Going the “Auction” Route

High-End Loft Reduced 27 Percent, Going the “Auction” Route

As we highlighted in June of last year: We’ve been intrigued by the truly high-end conversion of unit #102 at 355 Bryant Street since the 2,200-square-foot loft hit the market listed for $2.195 million, or roughly $1,000 per square foot, back in 2006, outfitted with Italian cabinetry, hardware, wall... Read More »

Asking Rents in Oakland Drop, Listings Jump

Having slipped last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in Oakland has since dropped nearly 5 percent to a little under $2,500 a month, which is now down over 13 percent since the end of last year... Read More »

Number of Homes for Sale in San Francisco Continues to Tick Up

Number of Homes for Sale in San Francisco Continues to Tick Up

The number of homes on the market in San Francisco, net of new sales and contract activity, ticked up another 5 percent over the past week to 1,680, representing 85 percent more inventory on the market than at the same last year and a new 10-year high in the... Read More »

Hillside Plans Newly Rendered and Massed for Effect

Hillside Plans Newly Rendered and Massed for Effect

As we first revealed earlier this year, plans for a 24-unit development to rise up to 40 feet in height along Diamond Street, on the hillside overlooking Noe Valley, between the intersection of Diamond Heights Boulevard and 29th Street, were in the works but San Francisco’s Planning Department was... Read More »

Warriors Hotel and Condo Project by the Numbers (and Dates)

Warriors Hotel and Condo Project by the Numbers (and Dates)

Having been approved by San Francisco’s Board of Supervisors earlier this year, the Redevelopment Plan for Mission Bay South is slated to be amended this afternoon, clearing the way for the Golden State Warriors to demolish the existing three-story retail building on the northeast corner of the new Chase... Read More »

Short-Term Rental Restrictions Will Be Lifted Monday [UPDATED]

In addition to allowing salons, barber shops, gyms, and massage/tattoo parlors to reopen with limited capacities on Monday, September 14, restrictions on (registered) short-term rentals and hotels in San Francisco will be lifted as well. Indoor museums, zoos, and aquariums that have implemented a health and safety plan will... Read More »

Vacancy Rate Continues to Climb in San Francisco

Vacancy Rate Continues to Climb in San Francisco

As we outlined two months ago, back in early July: Despite the fact that the weighted average asking rent for an apartment in San Francisco is already down over 10 percent on a year-over-year basis and offers of complimentary rent are on the rise, vacancy rates are still ticking... Read More »

The Proposals for Piers 30-32 and Lot Across the Street

The Proposals for Piers 30-32 and Lot Across the Street

The Port of San Francisco received three qualified responses to its Request for Proposals for redeveloping Piers 30-32 and Seawall Lot 330 across the street (upon which the hotly contested Embarcadero Navigation Center was constructed at the base of the Watermark). As proposed by the Strada Investment Group and... Read More »

Number of Homes for Sale in San Francisco Poised to Jump

Number of Homes for Sale in San Francisco Poised to Jump

Having effectively plateaued over the past couple of weeks at above recession-era levels, the number of homes on the market in San Francisco, net of all new sales and contract activity, has ticked up to 1,600, which is twice as many homes on the market than there were at... Read More »