Pace of New Home Sales in the U.S. Slips, Inventory Hits 9-Year High
Having rebounded a downwardly revised 3.9 percent in May, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.3 percent in June to an annual pace…
Rents in San Francisco Hold, Tick Up in Oakland
Having slipped a nominal 0.3 percent over the past month, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as those in larger…
“Whoops”
Purchased as an “Awesome Victorian Fixer with Spectacular Downtown Views” for $1.45 million in March of 2017, a permit to remove some decayed siding and a rotted door from the…
Pace of Existing Home Sales in the U.S. Drops, Inventory Increases
Having slipped an upwardly revised 0.7 percent in May, the pace of existing-home sales across the U.S. dropped another 0.6 percent in June to a seasonally adjusted annual rate of…
Modern Mission District Development Closer to Reality
In a move which shouldn’t catch any plugged-in readers by surprise, the formal application to move forward with the demolition of the shuttered Mission District garage at 1721 15th Street…
Bay Area Employment Slips, San Francisco Nears Negative Growth
The unemployment rate in San Francisco jumped from 2.1 to 2.7 percent in June as the number of people living in the city with a job dropped by 1,600 to…
Menlo Park House of Light Fetches $5.5 Million
Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot eight years ago, the award-winning “House of Light” at 625 Hobart Street, which first…
Real Life Aviato Club in the City’s Crosshairs
Purchased for $855,000 in 2004, the single-family home at 166 Newton Street in Crocker Amazon has been operating as an illegal “hacker/co-living house for entrepreneurs, developers, digital nomads and students.”…
Plans to Convert Historic Mini Dealership Building Progress
As we first reported earlier this year: While currently leased to Mini of San Francisco, plans to renovate and repurpose the historic Willis Polk and Co. designed building on the…
Plans to Permit Illegal Remodel of Scofflaw’s Property
Having secured a permit to simply conduct an “exploratory demo to determine sheetrock and termite damage,” the new owner of the Bernal Heights home at 310 Moncalm Street, which was…