Plans to Transform the Van Ness Motel
Built in 1955, plans to double the capacity of the three-story Van Ness Motel turned “Van Ness Inn” have been drafted. As proposed, the second and third floors of the…
Modern Mixed-Use Infill Project Closer to Reality
As we first revealed back in 2018: Plans for a new mixed-use office building to rise on the southwest corner of 3rd and Harrison are in the works. While the…
Pace of New Home Sales Takes a Hit, Plummets Out West
Having dropped (a downwardly revised) 4.6 percent in February, prior to the impact of COVID-19 having taken hold, the pace of new single-family home sales in the U.S. dropped another…
Benchmark Mortgage Rate Inches Up, Short-Term Rate Slips
Having inched down to within 2 basis points (0.02 percentage points) of an all-time low last week, the average rate for a benchmark 30-year mortgage has since inched back up…
Pending Home Sales Down Nearly 50 Percent in San Francisco
While the number of homes listed for sale in San Francisco has started to tick up, the pace of sales has further declined. As we outlined three weeks ago, the…
Plan to Transform Burgeoning Area Slated for Key Approval(s)
As we outlined earlier this year: 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…
Legislation to Restrict Demolition of Unaffordable Homes in SF
Intended as a means by which to preserve “relatively affordable, existing housing” in San Francisco, Section 317 of San Francisco’s Planning Code was adopted back in 2008 and requires the…
Pace of Existing-Home Sales Drops, Poised to Plummet
Having jumped 6.5 percent in February, prior to the stock market having dropped and the impact of COVID-19 having taken hold, the seasonally adjusted pace of existing-home sales across the…
Within 3 Percent of 2014 Pricing for a Chic Marina Home
Having been further updated a bit since it was purchased as an already “perfected” home for $3.31 million in September of 2014, the recent resale of the “chic, light-filled marina…
Inventory Levels in San Francisco Tick Up, Sales Down
Having held last week, the net number of homes listed for sale in San Francisco (i.e., listed inventory) has since ticked up 17 percent to around 500, which is still…