Apples-to-Apples on the Edge of Pacific Heights

Apples-to-Apples on the Edge of Pacific Heights

Set back from street with a protected rear deck, “ideal for everyday living & entertaining,” the 1,463-square-foot, top floor condo at 2243 Franklin Street, on the edge of Pacific Heights, was purchased for $1.950 million in February of 2016. Offering “old world San Francisco charm with today’s modern amenities,” the... Read More »

Home Sales in San Francisco Poised to Drop, Again

Having dropped 9.0 percent on a year-over-year basis in August, recorded home sales in San Francisco are poised to drop again in September. And that’s despite the fact that September home sales in San Francisco were the lowest in over 15 years in 2018. In fact, if recorded sales... Read More »

Office Vacancy Rate in Oakland Ticks Up, But…

Office Vacancy Rate in Oakland Ticks Up, But…

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven by the delivery of 600,000 square feet of new space at 601 City Center in Downtown Oakland, half of which was pre-leased... Read More »

Pace of Existing Home Sales in the U.S. Drops

Pace of Existing Home Sales in the U.S. Drops

Having ticked up 1.3 percent in August, the seasonally adjusted pace of existing-home sales across the U.S. dropped 2.2 percent in September to an annual rate of 5.38 million sales but remains 3.9 percent above its mark at the same time last year, according to the National Association of... Read More »

More Time for Banked Trendyloin Entitlement Now Being Sought

More Time for Banked Trendyloin Entitlement Now Being Sought

As we outlined back in the third quarter of 2017: Purchased as an un-entitled Tenderloin parcel for $1.6 million , plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City... Read More »

New Plans for Landmark Sentinel Building Have Been Drawn

New Plans for Landmark Sentinel Building Have Been Drawn

Finished in 1907, having been under construction during the great quake of 1906, the now landmark Columbus Tower/Sentinel Building at 916 Kearny Street was purchased by Francis Ford Coppola in the early 70s and is currently configured as six floors of office/film studio space over the ground floor Café... Read More »

Inventory Levels Inch Up, Reductions on the Rise

With the number of homes newly listed for sale over the past week having outpaced the number of new contracts written, the inventory of homes on the market in San Francisco has ticked up one (1) percent to 1,040, which is 8 percent higher than at the same time... Read More »

Crime Down, Legal Motions Up, Surrounding Navigation Center Site

Crime Down, Legal Motions Up, Surrounding Navigation Center Site

Having been denied a temporary restraining order to halt construction, the neighborhood group fighting to block the opening of a temporary Navigation Center upon the Port’s parking lot parcel known as Seawall Lot 330, adjacent to the Watermark and across from Piers 30-32, has just filed a new legal... Read More »

Bay Area Unemployment Rates Drop to Record Lows

Bay Area Unemployment Rates Drop to Record Lows

Benefiting from a seasonal bump in the onboarding of new graduates, the number of people living in San Francisco with a paycheck increased by 7,100 in September and now totals a record 580,800. And with a labor force of 591,400, the unemployment rate has dropped to a record low... Read More »

Bigger Plans for Ocean Avenue Development Closer to Reality

Bigger Plans for Ocean Avenue Development Closer to Reality

As we outlined two years ago, nearly to the day: The designs for a 125-unit development to rise up to five stories in height upon the former Crayon Box/Little Bear preschool site at 65 Ocean Avenue, between Cayuga Avenue and Alemany Boulevard, have been newly rendered by rg-architecture and... Read More »