COVID Case Rate Drops to a 4-Month Low in San Francisco
Having hit a revised pandemic high of 375 on January 8, the 7-day average number of daily new COVID-19 cases diagnosed in San Francisco has dropped to 52, which is…
Challenged Infill on Valencia Street Slated for Approval
Speaking of bonus-sized infill buildings poised to rise in the Mission, the refined plans for a 65-foot-tall building to rise on the San Francisco Auto Works parcel at 1021 Valencia…
Inventory Levels Inch Up in San Francisco
Having slipped last week, the net number of homes on the market in San Francisco has since inched back up 1 percent to 980, representing 35 percent more inventory than…
Bonus-Sized Development in the Mission Closer to Reality
As we first revealed back in 2019, a redesign of the proposed development to rise on the shuttered Mission District garage site at 1721 15th Street was in the works,…
Behind the Big Sale of the Dalziel Building
While the 24,000-square-foot Dalziel Building at 2741 16th Street was recently renovated, converted into modern R&D space and fully leased to Ouster, a leading LiDAR technology firm, its sale for…
Another Ambitious Infill Development on the Boards
The irregularly-shaped, 36,406-square-foot lot in the middle of the Crocker Amazon that’s block bounded by the homes fronting Guttenberg, Morse, Brunswick and Lowell streets, was purchased for $1.9 million in…
Benchmark Mortgage Rate Inches Over 3 Percent
Having jumped 16 basis points (0.16 percentage points) last week, the average rate for a benchmark 30-year mortgage has since inched up another 5 basis points to 3.02 percent, which…
Presidio Heights Remodel Raises a Few Red Flags
Purchased as a “grand and totally vacant” 2-unit building, “with ample opportunity for expansion and renovation in a prime Presidio Heights location,” for $3.95 million in October of 2019, a…
Mortgage Loan Activity Ticks Up, But…
Having dropped 10 percent last week, mortgage loan activity across the U.S. ticked up 2.0 percent this week, with purchase loan activity ticking up 5 percent and refinancing activity inching…
San Francisco Drops to the “Red” Tier of Risk
As projected, the COVID-19 related risk level for San Francisco has just been downgraded from “Purple” (Widespread) to “Red” (Substantial), a move which will allow for indoor dining at restaurants…