Mortgage Rates Drop, Odds of a Rate Cut Rise
Having jumped 17 basis points in mid-September, the average rate for a 30-year mortgage has since shed 16 basis points and dropped back down to 3.57 percent, which is 133…
Record Office Rents in San Francisco Tick Up, Absorption Slows
Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which…
Study for Mid-Market Infill Tower About to Get Underway
The required Environmental Impact Report (EIR) for the proposed infill 27-story tower to rise on Nordstrom’s underdeveloped parking lot parcel at 469 Stevenson Street is about to be drafted by…
Pending Home Sales Activity in San Francisco Inches Up
While the number of homes that have traded hands in San Francisco since the start of the year is currently running at an eight-year low, pending sales activity in the…
Plans for Skinny 300-Foot-Tall Hotel Progress
The formal application for a 29-story tower to rise up to 300 feet in height upon the 40-foot-wide parcel at 570 Market Street – an angled 7,000-square-foot lot which stretches…
Partial Infill of Another SoMa Gas Station Site Slated for Approval
As we first reported back in 2016: With the lease for the Shell station on the corner of Fifth and Folsom expiring , plans for a slender eight-story building to…
Inventory of Homes on the Market in San Francisco Holds
With the number of homes newly listed for sale over the past week roughly matching the number of homes sold, the inventory of homes on the market in San Francisco…
Rarely Available Condo Trades Anew
Having sold for $1.4 million in October of 2014, the 1,700 square-foot condo #812W at 101 Lombard Street, which features a private terrace, high ceilings, a wood-burning fireplace and deeded…
City Seeking Proposals to Activate Tenderloin Site
As with the fenced parcel at the intersection of 7th and Brannan, and the mid-block SoMa parcel at 967 Mission Street, the Mayor’s Office of Housing and Community Development is…
Residential Infill Closer to Reality in Western SoMa
The refined plans for a seven-story building to rise up to 70 feet in height upon the former City Paints building site at 1088 Howard Street, a Western SoMa site…