Pace of Home Sales Slows in S.F. But Still Elevated
With around 800 homes in contract across San Francisco, sales activity is not only up over 200 percent on a year-over-year basis, but around 60 percent higher than at the…
Office Vacancy Rate in the East Bay Nearing 17 Percent
With the office vacancy rate in San Francisco nearing 19 percent, with nearly 16 million square feet of vacant space, the vacancy rate for office space in the East Bay,…
Asking Rents in San Francisco Continue to Slip, But…
Despite some misreports in the media, apartment rents in San Francisco haven’t started to rebound, as we outlined last month. And in fact, the weighted average asking rent for an…
Pace of Home Sales in the U.S. Drops to a 6-Month Low
Having dropped 6.6 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 3.7 percent in March to an annual rate of 6.01 million sales,…
Twitter Co-Founder’s Former Noe Home Fetches $4.5 Million
As we outlined earlier this year: Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched down another 7 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 2.97 percent, which is 36 basis points below…
Iconic Jazz Mural Building on the Market
Prominently positioned on the northwest corner of Broadway and Columbus and adorned with the iconic Jazz Mural that Bill Weber first painted in 1987, and has since restored, the four-story…
Another Bigger Infill Tower on the Boards
Speaking of bonus-based plans for new infill towers to rise, plans for a 35-story tower to rise on the 90-space parking lot parcel at 395 3rd Street, on the northeast…
Mortgage Loan Activity Ticks Up
Having dropped over the previous four weeks, with refinancing activity having dropped to its lowest level in over a year, mortgage loan application volumes ticked up 9 percent over the…
Bonus Plans for a New Infill Tower Have Been Drawn
While the four Mid-Market parcels which span 1338-1370 Mission Street, between 9th and 10th Streets, are currently only zoned for development up to 150 feet in height, the plans for…