Rendering for Skinny Transbay District Tower Revealed
As we reported last week, plans for a skinny 44-story tower to rise on the Transbay District parcel at 540 Howard Street, upon which the three-story Temple nightclub building currently…
Mortgage Rates Slip along with the Odds of a Rate Hike in June
Having ticked up to a 7-year high, the average rate for a benchmark 30-year mortgage slipped 10 basis points over the past week to 4.56 percent but remains 62 basis…
Pending Home Sales Drop in the U.S. despite More Inventory
Having inched up 0.4 percent in March, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, declined 1.3 percent in April…
Shoehorned Home Sans Parking Fetches $3.5 Million
Purchased for $3.1 million in April of 2015, the 3,687-square-foot, four-bedroom Clarendon Heights home which was shoehorned between two existing homes, and originally built without any legal way to reach…
Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less
The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market…
Asking Rents Inch up in San Francisco and Oakland
Having ended last year lower than where they started, asking rents for apartments in San Francisco have since ticked up a little over 3 percent since the beginning of the…
Newly Approved Development on the Market in Dogpatch
As we wrote at the beginning of this year: Plans to redevelop the Dogpatch parcel at 2230 Third Street, upon which the one-story Leo’s Tire and Brake shop building which…
Another “V20” Penthouse Takes a Big Hit in the Mission
Purchased for $2.595 million ($1,411 per square foot) in mid-2015, the two-level penthouse unit #505 at 3590 20th and Valencia (a.k.a. the “V20” building) returned to the market listed as…
Index for Bay Area Home Values Jumps
Having ticked up 1.0 percent in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay…
Proposed Hub Heights Raised, Impact Report about to Be Drafted
With San Francisco’s ambitious Central SoMa Plan nearing adoption, the city’s Planning Department is about to start drafting the Environmental Impact Report (EIR) for the equally ambitious Hub District Plan.…