Bay Area Home Sales Rebound to a 7-Year Seasonal Low
Having plunged to an 11-year seasonal low in September, the number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,158 in October, up 19.8…
New Tower Flagged a Four Seasons
The 45-story tower rising at 706 Mission Street will be flagged a Four Seasons development and its 146 Private Residences (condos) will be managed by Four Seasons staff, positioned to…
Coveted Two-Bedroom Nearly Fetches Its 2016 Price
Measuring a 1,403 square feet and dubbed “one of the most coveted view homes at LUMINA,” the two-bedroom unit #16C in the tower at 201 Folsom Street was purchased for…
Benchmark Mortgage Rate Holding, Odds of a Rate Hike Tick Up
Having dropped 13 basis points over the past two weeks, the average rate for a benchmark 30-year mortgage is now holding around 4.81 percent, which remains 91 basis points higher…
Pending Home Sales in the U.S. Drop, Well Below Average Out West
Having inched up 0.5 percent in September, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, declined 2.6 percent in October…
Oakland A’s Reveal BIG Plans for Waterfront Ballpark and More
The Oakland A’s have just released their detailed plans for building a new 34,000-seat baseball stadium on the city’s 55-acre Howard Terminal site, adjacent to Jack London Square. As designed…
New Home Sales in the U.S. Take a Hit, Inventory Nears 10-Year High
The seasonally adjusted pace of new single-family home sales in the U.S. dropped 8.9 percent in October to an annual pace of 544,000 sales which is 12.0 percent lower on…
Closer to Fine (But Not Quite) for Supersized West Oakland Project
Facing pushback from Oakland’s Planning Department with respect to the “monotonous and bulky massing” of the proposed 1,032-unit “Hub” development to rise up to 23 stories in height upon the…
Index for Bay Area Home Values Holds, Middle Market/Condos Slip
Having slipped 0.3 percent in August, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and…
Proposed Oakland Tower Design Refined, Sticking Point Remains
Responding to feedback from Oakland’s Design Review Committee, the facade of Rubicon Point Partners’ proposed 37-story tower to rise up to 423 feet in height at 1750 Broadway, between 17th…