Number of Homes for Sale Nearing Recession-Era Levels in S.F.
Continuing a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, ticked up…
114,000 Bay Area Residents Returned to Work Last Month, But…
While an estimated 16,000 San Francisco residents were either newly hired or returned to work last month, for a total of 499,100 employed, there are still 74,800 fewer employed people…
Price Cutting Is Picking Up Steam
Having hit a 9-year high last week, the number of homes on the market in San Francisco which have undergone at least one official price cut has ticked up another…
Bigger Plans for Previously Torpedoed Infill Site
Having never recovered from stated concerns that a proposed four-story hotel to rise on the former Tower Records Annex turned bike rental parcel at 1196 Columbus Avenue, a development which…
Big Bayview Project Permitted to Rise
With the 1980s-era plan for the redevelopment of the Bayview Industrial Triangle having just expired, along with its restriction on residential development within said triangle, the approved plans for an…
Benchmark Mortgage Rate Drops Below 3 Percent
Having inched down another 5 basis points (0.05 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures an unprecedented 2.98 percent, which is…
Price of Renting a Room Down 16 Percent from Peak
With the weighted average asking price of renting an apartment in San Francisco already down over 10 percent on a year-over-year basis and continuing to drop, the average price for…
Infamous Sea Cliff Mansion Slated for Foreclosure, Again
On the market for $19.675 million back 2016, having avoided being foreclosed upon by way of a Bankruptcy filing, the seven-bedroom home at 224 Sea Cliff Avenue appeared to have…
Muted Appreciation for a Modernized Victorian (And Its Past)
As we outlined back in June of 2017: Purchased as a 2,136-square-foot home for $1.995 million in 2014, the Cole Valley Victorian at 164 Belvedere Street (which had once been…
Big Landlord Ups the Concession Ante for Signing a New Lease
As we highlighted last month, offers of complimentary rent have been on the rise in San Francisco. And with the weakness in San Francisco’s rental market accelerating, and Oakland now…