Pace of New Home Sales in the U.S. Slows, Inventory Inches Up
The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in August, slipped 3.5 percent in September to an annualized rate of 959,000…
Number of Homes for Sale in S.F. Has Likely Peaked
Having hit a two-decade high last week, the number of homes on the market in San Francisco, net of all sales and contract activity, both pending and closed, has since…
Visualizing the Vacant Office Space in San Francisco
As we noted last week, there is nearly 12 million square feet of vacant office space now spread across San Francisco, including 5.6 million square feet of un-leased space and…
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Proposed Terraced Tower and Expectations Take Three
As we first revealed back in early 2017: The designs for a modern 200-foot-tall hotel and condo building to rise at 447 Battery Street, a site which is currently occupied…
Oakland Rents Drop, Down Nearly 20 Percent (YOY)
While asking rents for an apartment in San Francisco have been on the decline since the start of the year, a decline which was amplified by the pandemic and really…
Mortgage Rates Inch Down to New Lows
The average rate for a benchmark 30-year mortgage, which dropped to a new all-time low of 2.81 percent last week, has inched down another basis point to 2.80 percent, which…
Pace of Home Sales in the U.S. Jumps, Driving Inventory Down
Having hit a 14-year high in August, the seasonally adjusted pace of existing-home sales across the U.S. jumped another 9.4 percent in September to an annual rate of 6.54 million…
Plans To Transform the Dilapidated ‘Station A’ Into an Icon
While plans to raze the dilapidated, but historic, “Station A” building on the Potrero Power Plant site were in the works, the Station A structure is now slated to retained,…
Offices Allowed to Reopen Next Week, Bars on Tap [UPDATED]
With San Francisco’s COVID-19 risk level having dropped to “Minimal”/”Yellow” status per the State’s “Blueprint for a Safer Economy,” office spaces that have remained shuttered by the pandemic will be…
Massive ‘Sorry to Bother You’ Mansion Trades at a Loss
As we outlined in March of last year: Designed by John Hudson Thomas and built for John Hopkins Spring, a real estate developer, in 1914, the 12,000-square-foot Spring Mansion which…