141 Below Market Rate Modular Studios Even Closer to Reality
As we outlined earlier this year: The ground for the 141-unit modular development to rise on Mission Bay South Block 9, adjacent to San Francisco’s new Public Safety Building and…
Benchmark Mortgage Rate Holding Near an All-Time Low
Having dropped 32 basis points (0.32 percentage points) since mid-March, the average rate for a benchmark 30-year mortgage is now holding at 3.33 percent, which is 79 basis points below…
Waylaid Infill Development Re-Slated for Judgment this Week
Slated to be heard last month but then waylaid (anew) by the City’s Stay-at-Home order, San Francisco’s Planning Commission is now expected to virtually render its judgment on the refined…
The Big Plans for Condos to Rise on Sloat Garden Center Site
Plans to raze the landmark Sloat Garden Center at 2700 Sloat Boulevard, which has occupied the Outer Parkside block bounded by Sloat, 46th Avenue, Wawona Street and 45th Avenue since…
Pace of Home Sales Down 30 Percent in San Francisco
As we outlined last week, the pace of home sales in San Francisco was already “down 20 percent on a year-over-year basis and dropping fast.” As we noted yesterday, the…
Balboa Reservoir Redevelopment Positioned for Approval, But…
With the detailed Design Standards and Guidelines (DSG) document for the proposed redevelopment of San Francisco’s Balboa Reservoir having been drafted, the project team is now positioning to secure approvals…
Number of Homes for Sale in San Francisco Ticks Up
Having dropped nearly 50 percent over the previous two weeks, following San Francisco’s initial stay-at-home order having been issued, the number of homes on the market in San Francisco has…
Asking Rents in San Francisco and Oakland Drop, Listings Up
Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco dropped around 2 percent in March…
Dolores Heights View Home’s Value Dropped 11 Percent
As we first outlined back in October of last year: Joining the ranks of newly reduced homes is 4085 20th Street, a modern 3,720-square-foot Dolores Heights home perched above Dolores…
First 30-Year Rate “Inversion” Since 2009
In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage has dropped another 17 basis points over the past week for…