Reductions Continue to Rise in SF as Inventory Levels Drop

Reductions Continue to Rise in SF as Inventory Levels Drop

Having peaked last month at an 8-year high, as expected, the number of homes on the market in San Francisco has since dropped a seasonally driven 19 percent to 840 and is currently running 3 percent lower than at the same time last year. At the same time, the... Read More »

Revised Plans for Major Redevelopment Emerge

Revised Plans for Major Redevelopment Emerge

While ambitious plans to redevelop the nearly 6-acre Recology site at 900 7th Street – which is bounded by 7th, Berry, De Haro, Carolina and Channel – are moving forward and entering the environmental impact phase, the parameters of the proposed development have changed. As originally proposed, the preliminary... Read More »

Bay Area Employment Slips, Unemployment Inches Up

Bay Area Employment Slips, Unemployment Inches Up

Having benefited from a seasonal bump in the onboarding of new graduates in September, the number of people living in San Francisco with a paycheck inched up by another 100 in October and now totals a record 579,900. But with a labor force that increased by 900 over the... Read More »

Appreciation for a Classic Downtown Condo

Appreciation for a Classic Downtown Condo

Designed by Frederick Herman Meyer and finished in 1913, the Belgravia at 795 Sutter Street is a classic 18-unit building. Purchased for $1.5 million in May of 2016, unit #301 measures roughly 2,000 square feet and features a proportionate 9-foot ceiling, beautifully maintained finishes and a three-bedroom, two-bath layout... Read More »

New Four Seasons Tower Has Topped Off, Opening Next Year

New Four Seasons Tower Has Topped Off, Opening Next Year

The 45-story tower rising at 706 Mission Street, which was officially flagged a Four Seasons residential development last year, as we first reported at the time, has officially topped off. Once again, the building’s 146 condos will be managed by Four Seasons staff, with typical units ranging in size... Read More »

Once in a Lifetime Opportunity Fails to Fetch its 2017 Price

Once in a Lifetime Opportunity Fails to Fetch its 2017 Price

As we outlined this past July: Designed by Alan Page and built on a nearly one-acre lot “in the heart of Lafayette’s sought–after Happy Valley,” the roughly 6,000-square-foot home at 22 Toledo Court boasts “elite craftsmanship, state-of-the-art technology, elegant lines and quality finishes throughout,” with an infinity-edge pool, outdoor... Read More »

First Platinum Certified Home in Northern CA Fetches $885 per Foot

First Platinum Certified Home in Northern CA Fetches $885 per Foot

The first LEED Platinum Certified home in Northern California was built on a Rockridge lot with views at 5950 Margarido Drive and hit the market in the fourth quarter of 2009 priced at $5.5 million or roughly $1,187 per square foot. Subsequently reduced by over two million dollars over... Read More »

Prevalence of Price Cuts on the Rise in San Francisco

As is typical for early November, the number of homes on the market in San Francisco has ticked down 2 percent over the the past week to 930, which is dead even with the same time last year. At a more granular level, the number of condos listed for... Read More »

Bonus Plans for Autonomous Living Units to Rise in the Tenderloin

Bonus Plans for Autonomous Living Units to Rise in the Tenderloin

New plans for a nine-story building to rise up to 86 feet in height on the Tenderloin parcel at 468 Turk Street, upon which the two-story building which had been home to San Francisco’s Coalition on Homelessness currently sits, have been drawn by Macy Architecture. As envisioned by the... Read More »

Speaking of Mission District Infill Projects…

Speaking of Mission District Infill Projects…

Speaking of Mission District infill projects on the boards, plans to raze the three green buildings between 2316 and 2326 Mission Street (i.e., the Mission Thrift, Mission Loan and Pawnbrokers buildings) are in the works as well. As envisioned, the three lots on the historic “Miracle Mile” block would... Read More »