Benchmark Mortgage Rate Effectively Hits a Seven-Year High
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.65 percent, which is 82 basis points above its mark at…
Sixth Straight Year-Over-Year Decline for Existing U.S. Home Sales
Having dropped 4.6 percent since the end of the first quarter, the seasonally adjusted pace of existing-home sales across the U.S. held at an annual rate of 5.34 million sales…
Asking Rents in SF and Oakland Ticked Up but Didn’t Peak in Q3
Having ticked up a little over one (1) percent from the second to third quarter of this year, the weighted average asking rent for an apartment in San Francisco –…
Refined Plans and Timing for Semi-Massive Redevelopment
With an Environmental Impact Report (EIR) for the formally proposed semi-massive redevelopment of CPMC’s nearly 5-acre California Hospital Campus at 3700 California Street about to be drafted, the project team…
Sexy Time Development Take Two
Plans to raze the recently shuttered Institute for Advanced Study of Human Sexuality building at 1523 Franklin Street and construct a decidedly modern building designed by Alan Tse and Charles…
End of Days for the Elbo Room? Building on the Market for $4.2M
With the Elbo Room’s lease now set to expire on January 1, 2019 and plans to redevelop its site having been approved, the corner building which it currently occupies at…
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Whitewashed Victorian Fetches $250K More
Purchased for $2.55 million last year, the “Exceptional Eureka Valley Home” at 3751-3753 17th Street, which had been “lovingly curated” by the same owner for over 40 years, was subsequently…
Inventory of Homes for Sale in San Francisco Hits 7-Year High
Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes actively listed for sale in the San Francisco (900) has just hit a 7-year high…
Plans to Raze Regal Residence Abandoned, Staged Instead
As we first reported last year: When the hedge fund manager who lives in the 4,400-square-foot Presidio Heights home at the corner of Walnut and Jackson learned that the home…
Growing Demand in Southern Bayview
A number of large Production, Distribution and Repair (PDR) spaces in San Franciscos Southern Bayview District, as well as elsewhere in the city, have been quietly been converted to indoor…