Bay Area Home Sales Rebound to an 11-Year Low
Having dropped to an absolute 11-year low in January, the number of single-family homes and condos that traded hands across the greater Bay Area increased 12.9 percent in February to…
Pending Home Sales in the U.S. Slip
Having ticked up 4.6 percent in January, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, slipped 1.0 percent in February…
Mortgage Rates Dramatically Drop, Inversion Spreads
With Fed officials having officially deemed the foregoing of any additional interest rate hikes in 2019 to “be best” for our economy in light of increasing global risks, which shouldn’t…
Initiative to Acquire and Transform Alcatraz Is Back
Having failed back in 2008, a ballot initiative which aims to transform Alcatraz Island into a “Global Peace and Creative Art Center” has been re-drafted and is positioning to qualify…
Another Institution on the Market in the Tenderloin
The Edinburgh Castle at 950 Geary Street is now on the market with a $3.995 million price tag. In addition to the iconic bar’s building, the asking price includes the…
Indexes for Bay Area Home Values Drop, Nearing Negative Territory
Having ended last year with 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 Area (which includes the…
Pending Home Sales in SF Remain Down (But Picking up Steam)
While the number of homes listed for sale in San Francisco remains around 10 percent higher versus the same time last year and at a 7-year seasonal high, the number…
Bay Area Employment Inches Up to Another Record High
With 2018 having ended the year with Bay Area employment at an all-time high, the number of people living in San Francisco with a paycheck has since inched up 700…
423-Foot-Tall Oakland Tower Approved, but There’s a Problem
The refined plans for Rubicon Point Partners’ proposed 37-story residential tower to rise up to 423 feet in height at 1750 Broadway, between 17th and 19th Streets in Uptown Oakland,…
Chic Central SoMa Loft Nearly Fetches its 2016 Price
Purchased for $1.2 million February of 2016, the “chic” penthouse unit #801 at the Palms on 4th Street, returned to the market listed for $1.295 million at the end of…