Benchmark Mortgage Rate Drops To A Three-Month Low
Having dipped back below 4 percent four weeks ago, the average rate for a 30-year mortgage has dropped to 3.84 percent, the lowest average rate since May and versus 4.10…
Locksley Hall Fetches $47.5 Million
Locksley Hall, the 9,235 square foot mansion perched on an acre of land with a pool at the southern tip of Belvedere, overlooking San Francisco with bridge to bridge views,…
Pending U.S. Home Sales Index Relatively Unchanged In July
Having slipped from a nine-year high in June, the National Association of Realtors Pending Home Sales Index eked out a 0.5 percent gain in July. The index, for which 100…
San Francisco Home Sales And Median Price Slip
Recorded sales activity for single-family homes and condos in San Francisco slipped 4.6 percent from June to July and is running 2.0 percent lower versus the same time last year…
Grubstake Buyer Pursuing Redevelopment Plans
Prior to closing escrow on his purchase of the iconic Grubstake restaurant at 1525 Pine Street, buyer Nicholas Pigott quietly engaged D-Scheme Studio to draft plans for razing the restaurant…
Development Will Level This Popular Flower Stand, But…
Plans to level the Sunset District flower stand and two undeveloped lots on the southwest corner of Quintara and 19th Avenue have been submitted to Planning. And as proposed and…
Pace Of New U.S. Home Sales Ticks Up In July
Having suddenly dropped 6.8 percent in June to the slowest pace in seven months, the seasonally adjusted pace of new single-family home sales in the U.S. gained 5.4 percent in…
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The Infamous “G” Slashes Infinity Penthouse Price by 27 Percent
While it was never officially listed on the MLS, the infamous Gurbaksh Chahal (a.k.a. “G”) has been trying to unload his 3,355 square foot penthouse unit #37B atop the Infinity…
Bay Area Condo Values Slip, Single-Family Home Values Tick Up
Single-family home values within the San Francisco Metropolitan Area gained 0.4 percent in June while condominium values slipped 0.5 percent, according to the latest S&P Case-Shiller Home Price Index. The…
It Was Black Monday In China And U.S. Markets Sang The Blues
China’s benchmark Shanghai Composite Index tumbled 8.5 percent today and the U.S. markets followed suit, with the Dow Jones Industrial Average shedding 3.6 percent to 15,871.35 and the S&P 500…