There Were 365 Tenant Buyouts in SF Last Year, One Hit $325K
Landlords in San Francisco negotiated and inked a total of 365 legally reported buyout agreements with tenants last year, as mapped above, down slightly from 379 in 2018. For the…
Asking Rents Inch Up in San Francisco, Slip in Oakland
Having dropped a little over 5 percent at the end of last year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as…
Re-Approved Development in Play (Save Its Penthouse Unit)
Purchased for $2.75 million in 2005 with approved plans for a 13-story, 41-unit residential building to rise on the site, the two-story commercial building which had occupied the 7,000-square-foot parcel…
Dilapidated Postcard Row Victorian Trades for $3.55 Million
The seven Victorian homes on the 700 block of Steiner Street, a number of which were nearly demolished in the 1970s, were developed by Matthew Kavanaugh between 1892 and 1896…
Mortgage Rates Continue to Drop, Odds of Another Easing Jump
The average rate for a 30-year mortgage dropped another 9 basis points over the past week to 3.51 percent, which is 95 basis points (0.95 percentage points) below its mark…
Plan to Transform Burgeoning Area Positioned for Adoption
The proposed framework for rezoning San Francisco’s 84-acre Hub District, a burgeoning area which is effectively centered around the intersection of Van Ness and Market, within the City’s Market and…
Pending Home Sales Activity in the U.S. Drops
While the pace of home sales across the U.S. ended the year up, with contract activity having ticked up 1.2 percent in November, the National Association of Realtors Pending Home…
Refined Plans for Building up (On) Geary Boulevard
As we first outlined last year, plans to level the now shuttered Firestone Complete Auto Care shop at 2800 Geary Boulevard and build a bonus-sized development on its Laurel Heights/Lone…
Index For Bay Area Home Values Ekes Out A Gain
Having dropped a total of 1.5 percent from July through October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the…
Change of Plans for Development to Transform Tenderloin Block
As we first revealed last year: Plans to redevelop the Tenderloin parcel upon which the columned Fifth Church of Christ, Scientist sits at 450 O’Farrell Street were approved , with…