Mortgage Rates Drift Down Amid Signs Of Weakening Recovery
The average rate for a conforming 30-year mortgage ticked down from 4.51 to 4.41 percent over the past week, 17 basis points below the 4.58 percent two-year high rate recorded…
A Designer Noe Home Gets Its Due And Goes For $3.225 Million
As we wrote about the Dumican Mosey Architects designed home above in December: Listed for $3,400,000 on November 10 with “Offers Due” at 1pm on November 21, the high-end Noe…
Mid-Market Rent Reductions: NEMA Drops A Few Dollars
When NEMA first started pre-leasing its North Tower units at Market and Tenth in early December, studios were priced starting at $2,575 per month for a 463-square-foot unit while one-bedrooms…
Fewer San Francisco Homes Sold In 2013 Versus 2012
In line with the drop in listed home sales we noted yesterday, the number of recorded San Francisco home sales in 2013 was 3.5 percent lower than the year before…
Mortgage Bankers Lower Forecast As Mortgage Applications Drop
“Despite an economic outlook of steady growth and a recovering job market, mortgage applications have been decreasing – likely due to a combination of rising rates and regulatory implementation, specifically…
Plans For Condos To Replace Prominent Mid-Market Porn Complex
Having drafted plans to raze the Market Street Cinema at 1075 Market Street and construct an 8-story building the site of the former “adult entertainment complex, that would have been…
8 Octavia Topped Out, Condos On Track For Summer Completion
The modern 47-unit building under construction at the intersection of Octavia and Market has topped out and 8 Octavia is on track to be ready for occupancy this summer.
Plans For Four Stories In The Avenues And A Neighbor Is Appalled
As proposed, the little two-story building with two small dwelling units and a bit of commercial space on the northwest corner of Clement Street and 26th Avenue will be razed,…
Listed Home Sales In San Francisco Slipped In 2013
With an inventory gap which started the year down 50 percent versus 2012 but closed to just about even in the last quarter of the year, the sales volume of…
A Density Carrot And TIC Stick In San Francisco
Supervisor Scott Wiener is preparing to introduce legislation which would allow developers in San Francisco to increase the density of a building in exchange for designating 20 percent of a…