Benchmark Mortgage Rate Slips Post Hike
With last week’s expected rate hike already priced in, and the 10-year Treasury having dipped following said hike, the average rate for a benchmark 30-year mortgage slipped 5 basis points…
Plans for Infilling Another Central SoMa Parking Lot
Plans for a new mixed-use office building to rise on the southwest corner of 3rd and Harrison are in the works. While the 50-car parking lot site is slated to…
Pace of Existing Home Sales in the U.S. Slips, Inventory Ticks Up
Having dropped 2.5 percent in April, the pace of existing-home sales across the U.S. slipped another 0.4 percent in May to a seasonally adjusted annual rate of 5.45 million sales…
Mission Bay Ferry Clears Environmental Hurdle
As we first reported earlier this year: If the Port’s plans are approved as proposed, and dredging commences in mid-2019 as currently envisioned, San Francisco’s future Mission Bay Ferry Landing…
Planning for the Population Doubling and Public Realm of Dogpatch
With around 3,000 units of housing expected to be built in Dogpatch over the next decade, not including another 2,700 units which could eventually rise on the Potrero Power Plant…
More Height, Less Parking, New Design for Approved Oakland Tower
Plans for a 33-story building with 345 apartments to rise up to 330 feet in height at 1900 Broadway, adjacent to the historic Tapscott Building in Uptown Oakland, which is…
Sleek Russian Hill Remodel Nearly Fetches Its 2015 Price
Remodeled with a decidedly minimalist/modern aesthetic, and to leverage its panoramic Bay View, the two-bedroom Russian Hill unit #201 at 1070 Green Street hit the market listed for $2.9 million…
Record Pipeline of Residential Development in San Francisco Grows
With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units that finished up construction, the overall pipeline of apartments…
Bay Area Employment Inches Up, but Not in San Francisco
While the unemployment rate in San Francisco is holding at a record low 2.1 percent, the number of people living in the city with job has actually dropped by 4,900…
Central SoMa Development Closer to Reality Sans X Space
Having qualified for a streamlined environmental review, plans to raze the former Pacific Bicycles building at 345 4th Street could be approved by San Francisco’s Planning Commission next week. And…