Plans for Infilling Chestnut Street
Plans to level the long-standing Wells Fargo branch building at 2055 Chestnut Street in the Marina, which was built for Crocker Bank in 1974, have been drafted. As envisioned by…
Burned-Out Former Drug Den with Views Fetches Two Million Bucks
As we noted last year: Purchased for $440,000 in 1995, the Castro District duplex at 517-519 Sanchez Street has been raided numerous times over the past seven years, resulting in…
Waylaid Mission District Development Modified, Slated for Approval
Waylaid by a groundswell of local opposition, plans to mostly demolish the brick and timber Fitzgerald Furniture Company building on the northeast corner of 19th and Bryant Streets and develop…
Benchmark Mortgage Rate Slips, Short-Term Rate Inches Up
The average rate for a benchmark 30-year mortgage slipped 2 basis points over the past week to 4.55 percent but remains 67 basis points higher on a year-over-year basis and…
San Francisco’s Certified Election Results and Key Numbers
San Francisco’s Department of Elections has just finished their final review of the 253,583 ballot cast in the June 5 election and certified the election results. With 481,991 registered voters…
Supes Reject Recommendation to Encourage Development
As we first reported earlier this month: The former homes that stood on the underdeveloped Glen Park lot fronting Brompton Avenue and Kern Street were removed in the late 1960s,…
Timing for Massive India Basin Development Pushed Back, Again
Having quietly changed from “Q4 2017” to “Q1 2018/Q2 2018” in the fourth quarter of last year, Build Inc’s expected timeline to secure the necessary entitlements to move forward with…
Pending Home Sales in the U.S. Slip While Inventory Ticks Up
Having dropped 1.3 percent in April, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, slipped another 0.5 percent in May…
Asking Rents in San Francisco and Oakland Tick Up
Having ended last year lower than where they started, asking rents for apartments in San Francisco have since ticked up nearly 6 percent since the beginning of the year. But…
A Six-Figure Salary Is NOT ‘Low Income’ in San Francisco
Despite making for a shocking headline, a “six-figure salary” is not actually considered “low income” for residents of San Francisco. Yes, for a household of four in the city, a…