Asking Rents in San Francisco Down Nearly 20% From Peak
With listing activity having spiked, the weighted average asking rent for an apartment in San Francisco has dropped another hundred dollars ($100), or roughly 3 percent, over the past two…
And Scene! in The Mission
While plans for a modern addition to rise atop the historic commercial building at 2965-2967 Mission Street had been drawn, said plans were panned by Planning, as we outlined last…
Delays for Supersized Development Articulated
Approved last August, the entitlements for the 1,032-unit “Hub” development designed to rise upon the 3-acre Caltrans lot at 500 Kirkham, across from The Crucible and a block from the…
Stylish Gold Certified Condo Trades Below Its 2013-era Price
With one of the sophisticated South Beach condos at 750 Second Street, a boutique, LEED Gold Certified 14-unit building “in the immediate vicinity of our city’s sports complexes…and all the…
Benchmark Mortgage Rate Just Hit a New All-Time Low
Having slipped back under 3 percent last week, the average rate for a benchmark 30-year mortgage has dropped another 11 basis points to 2.88 percent, which is 72 basis points…
Foreclosed Upon Noe Flop Liquidated at a Loss
The failed “Dreambuilders” flip of the Noe Valley home at 639 Grand View Avenue, which was foreclosed upon earlier this year and taken back by the financiers who were owed…
Apples-to-Apples for a Contemporary Cow Hollow Home
Purchased for a below-asking price of $4.35 million in November of 2014, the contemporary Cow Hollow home on a “coveted tree-lined block” at 2837 Greenwich Street returned to the market…
Price for Hacker Church and Rectory Dropped Nearly 50 Percent
As we outlined in October of last year: Built in 1912, the 15,000-square-foot Our Lady of Guadalupe Church at 906 Broadway was designated San Francisco Landmark #204 back in 1993.…
Reductions Rise as Inventory Levels Jump
With inventory levels in San Francisco having just hit recession-era levels, the number of homes on the market which have undergone at least one official price cut has ticked up…
Recession-Era Inventory Levels Hit San Francisco
Having hit a 10-year seasonal high last week, the number of homes on the market in San Francisco, net of new sales and contract activity, has ticked up another 3…