Newly Reduced at the Ritz (To 35 Percent Below Its 2015 Price)
As we outlined earlier this year: 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 Fed Just Cut Rates, Might Not Be Done
With the Fed having formally signaled a more “patient” approach with respect to any future rate hikes back in January, the probability of an easing started to emerge, as we…
Getting Schooled in the Mission
As we first reported two years ago: While plans to convert the Mission District garage at 3140-3150 16th Street into a massive 20,000-square-foot restaurant and event space dubbed “The Albion…
Asking Rents in San Francisco and Oakland Tick Up
While the purchase market in San Francisco continues to drop, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger…
Indexed Returns for Bay Area Homes Nearing Negative Territory
Having ticked up 1.6 percent in April, 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…
Pending Home Sales in the US Tick Up
Having ticked up 1.1 percent in May, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, gained 2.8 percent in June…
Scofflaw Developer Settles for $1.2 Million
Having been accused of routinely engaging in the under-permitted renovation and expansion of residential properties throughout San Francisco, Ashok Gujral, a local real estate developer, has agreed to pay $1.2…
Looking for an Unfinished 19,000-Square-Foot Oakland Hills Home?
Sited on a nearly one-acre Chabot Park Highlands parcel in the Oakland Hills, the unfinished 19,000-square-foot home at 11270 Lochard Street is now back on the market as “a rare…
Supersized Plans for Building up on Geary Boulevard
As we first reported last year: Plans to raze the one-and-a-half-story building at 3565 Geary Boulevard, which is currently home to Grand Hot Pot Lounge, are in the works. And…
Reductions on the Rise as the Pace of Sales Slows in San Francisco
While the number of homes listed for sale in San Francisco slipped 4 percent over the past week with typical seasonality in play, inventory levels are running 3 percent higher…