WeWork Will Be Allowed to Bid for 30-Acre Site in the Presidio
While it wasn’t endorsed by the Trust’s staff, and their concept proposal wasn’t deemed to be mission driven nor backed by a qualified team, WeWork has made the Presidio Trust…
Refined Plans for “Too Tall” Hotel Tower
Having rejected the Planning Department’s recommendation that the height of a proposed tower to rise upon the Il Massimo building’s parcel at 439 Washington Street, which sits in a “transitional…
SF’s Ambitious Central SoMa Plan Could be Adopted Next Month
With San Francisco’s Board of Supervisors having upheld the certification of the City’s plan to mitigate the projected environmental impacts of its ambitious Central SoMa Plan, rejecting a handful of…
Bay Area Home Sales Remain at a 7-Year Low
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,659 in August, down 9.9 percent on a year-over-year basis and another 7-year seasonal…
Benchmark Mortgage Rate Rises to New Seven-Year High
The average rate for a benchmark 30-year mortgage jumped another 7 basis points over the past week to 4.72 percent, which is 89 basis points above its mark at the…
Pending Home Sales in the U.S. Drop
Having slipped 0.7 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.8 percent in August to…
Second Cracked Beam Found in New Salesforce Transit Center
Having discovered a second, adjacent, cracked beam in the new Salesforce Transit Center, the center will remain closed for “at least another week” as inspections continue and engineers attempt to…
The Fed Raises Rates, Signals Another Hike in 2018
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for another quarter-point…
Apples To Apples
Design & Architecture
Listings (for sale)
RealRecentReductions
San Jose (And South)
Palo Alto Prestige Now Listed for $1.5 Million Less
Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home which sits on a “prestigious Crescent Park” parcel at 1117 Hamilton Street returned to the market listed…
Pace of New U.S. Home Sales Ticks Up, Inventory at a 9-Year High
Having slipped a downwardly revised 1.6 percent in July, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 3.5 percent in August to an annual…