Mortgage Rates Tick Up On Taper Talk
The average rate for a conforming 30-year mortgage ticked up to 4.47 percent over the past week to within 11 basis points of the 4.58 percent two-year high recorded this…
2,806 Applications For 60 Affordable Apartments South Of Market
With 2,806 applications for Bridge Housing’s new 60-unit below market rate building at 474 Natoma Street off Sixth, the Natoma Street Family Apartments, 98 percent of the applicants will need…
It’s RIP For Another Parking Lot As 333 Brannan Breaks Ground
Kilroy Realty will officially break ground at 333 Brannan Street this afternoon. The six-story building to rise on the former sixty-six space South Beach parking lot which is two blocks…
Existing Home Sales Drop Year-Over-Year For First Time Since 2011
The seasonally adjusted pace of existing-home sales in the U.S. fell 4.3 percent from a downwardly revised pace of 5.12 million in October to a 4.90 million pace in November,…
Speaking For The Trees In San Francisco: The Urban Forest Plan
Once a largely treeless landscape of grassy hills and sand dunes, there are now an estimated 670,000 trees growing in the “Urban Forest” of San Francisco with an estimated 105,000…
Stock Market Rockets After Fed Announces Stimulus Cuts
As we noted last month, the minutes from the Federal Open Market Committee’s October meeting suggested that the Fed was “likely to trim their monthly purchase of $85 billion in…
Sustainable Tower, Affordable Mid-Rise, And Retail Break Ground
The ground has been broken for a 32-story tower, mid-rise building, and townhomes to rise on Transbay Block 6 along Folsom, between Fremont and Beale. Retail will line the street.…
San Francisco’s Housing Pipeline Breaks The 50,000 Unit Mark
While only 1,600 new housing units were completed in San Francisco over the past year and commercial space in the city declined by 183,000 square feet (due to conversions to…
A Game Of Remodeling Jenga: Before The Collapse
It was yesterday morning that a plugged-in neighbor found himself looking up at the approved “remodeling” of 125 Crown Terrace underway and thinking, “that can’t be stable.” And it wasn’t.
Home Sales In San Francisco Slide Year-Over-Year
While a seasonal decline in home sales from October to November is to be expected with an average drop in San Francisco of 4.8 percent over the past ten years,…