Lowest Bay Area Home Sales in 11 Years, Prices Drop
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 3,857 in January, down 14.9 percent on a year-over-year basis. And in addition to…
Master Schedule for Modernization of Caltrain Officially Slips
As we first reported last year, while the projected Revenue Service Date (RSD) for Caltrain’s electrification and modernization project hadn’t been moved from December of 2021, the projected timeline to…
Mortgage Rates Hold
The average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, but has since dropped 59 basis points, was unchanged over the…
Pending Home Sales in the U.S. Tick Up, Down Year-Over-Year
Having dropped 2.2 percent in December, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 4.6 percent in January…
$47.5 Million Woodside Estate Fetches Under $10 Million at Auction
Originally marketed by Sotheby’s with a $47.5 million price tag back in 2012, the asking price for “Woodhaven Manor” – which was built in 1988 and includes a 12,000-square-foot main…
Indexes for Bay Area Home and Condo Values Continue to Drop
Having dropped another 1.4 percent in December, which is the largest month-over-month decline in seven years, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan…
Oakland A’s Refine Design for Proposed Waterfront Development
From the Oakland A’s President, Dave Kaval: “Back in November, we were thrilled and humbled by the initial positive response to our preliminary concepts for the ballpark design. Fans and…
Asking Rents Inch up in San Francisco, Slip in Oakland
Having reversed course last year, the weighted average asking rent for an apartment in San Francisco has inched up over the past two months and slipped in Oakland. Including one-off…
Déjà Vu All over Again at the Ritz in San Francisco
Purchased as new for $1.53 million, or roughly $1,284 per square foot, in early 2008, right as the Great Recession was picking up steam, the two-bedroom Ritz-Carlton Residences unit #1702…
House-Like Russian Hill Gem Drops Below its 2016 Price
The three-bedroom Russian Hill townhome at 2201 Leavenworth street, which offers “fabled Bay views,” a remodeled kitchen with a restored Wedgewood stove, stacked parking for two cars in its garage…