May 2021 – Page 3 – SocketSite™

As Proposed Breaking News Coming Soon Industry Stuff Neighborhoods New Developments Real Estate Economics Trends

Pace of Construction in San Francisco Drops, but…

May 18, 2021

With the number of units of housing that finished up construction across San Francisco at the end of last year having outpaced the number of units for which the ground…

Industry Stuff Listings (for sale) Real Estate Economics RealRecentReductions Trends

Number of Homes on the Market in San Francisco Ticks Up

May 17, 2021

Having inched up 2 percent last week, the net number of homes for sale across San Francisco has since ticked up another 4 percent to around 920, which is 10…

Breaking News Industry Stuff Real Estate Economics Rentals Trends

Apartment Rents in San Francisco Appear to Have Bottomed

May 14, 2021

Having continued to inch down last month, the weighted average asking rent for an apartment in San Francisco appears to have bottomed at around $3,050 a month, down around 25…

Industry Stuff Listings (for sale) Marin (And Points North) RealRecentReductions

Auction of Marin Mega-Estate Site Fades to Black

May 14, 2021

Listed for $39 million back in 2015, the asking price for the 140-acre “King Mountain Estate” site, an assemblage of six Marin parcels stretching from Kentfield to Larkspur, upon which…

Breaking News Industry Stuff

Scofflaw Permit Expediter Agrees to a $1.7 Million Settlement

May 13, 2021

Walter Wong, the permit expediter for the 555 Fulton Street project and head of the W. Wong Construction Company, has agreed to repay the City for $1.45 million in no-bid…

As Proposed Bay Buildings City Planning Commercial Design & Architecture Industry Stuff Neighborhoods Remodeling and Renovation

Conversion of Iconic Union Square Building Closer to Reality

May 13, 2021

The plans for redeveloping the iconic I. Magnin/Macy’s Building on the southwest corner of Geary and Stockton, across from Union Square, have been refined and newly rendered by Handel Architects.…

Breaking News Real Estate Economics Trends

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

May 13, 2021

The average rate for a benchmark 30-year mortgage inched down another 2 basis points (0.02 percentage points) over the past week to 2.94 percent, which is 34 basis points below…

Bay Buildings Breaking News

San Francisco’s City Hall Will Reopen in June

May 12, 2021

Having closed to the public in March of last year, San Francisco’s City Hall will reopen for in-person services, such as applying for marriage licenses, obtaining birth and death certificates,…

Apples To Apples Design & Architecture Neighborhoods Remodeling and Renovation

Dolores Heights View Home Fetches an Early 2019 Price

May 12, 2021

Having been “meticulously rebuilt to exacting luxury standards” in 2018, the three-bedroom, 3000-square-foot Dolores Heights view home at 3627 21st Street sold for $4.5 million in March of 2019. Featuring…

Apples To Apples Bay Buildings Industry Stuff Real Estate Economics RealRecentReductions Trends

Value of a Prized View Condo Drops $500K

May 12, 2021

As we outlined in October of last year: Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest”…

Notcom on Pace of Home Sales in San Francisco Drops
Scott Wiener and Sacramento knowingly set SF up for failure with the 82,000 unit mandate One has to wonder about…
Neighborhood Activist on Pace of Home Sales in San Francisco Drops
I share your skepticism. I've also read that the 833 Bryant project, built on the cheap, has all kinds of…
Parklife on An Opportunity to Capitalize on a Bernal Heights Blaze
Except that the S&P return during that same period was approximately 88%, without holding costs (albeit assuming this was leveraged,…
Brahma (incensed renter) on An Opportunity to Capitalize on a Bernal Heights Blaze
If anything good can come from this, hopefully tthose who aren't cheerleading development and have concerns about neighborhood character will…
Jack on An Opportunity to Capitalize on a Bernal Heights Blaze
I guess it’s hard to argue with value engineering low income housing, but what a shame they were not able…
Brahma (incensed renter) on An Opportunity to Capitalize on a Bernal Heights Blaze
A joint venture led by three local developers including Bernal Heights Housing Corporation, Tabernacle Community Development Corporation, and Mitchelville Real…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
Lurie's key claim — and the big point in his favor relevant for this thread — is that he was…
Neighborhood Activist on Pace of Home Sales in San Francisco Drops
Your guess is as good as mine. He may be really good for SF, or he may be worthless. I…
Notcom on Pace of Home Sales in San Francisco Drops
Yes it is, definitely...one of the two.
sf on Pace of Home Sales in San Francisco Drops
Daniel Lurie as mayor... is this a turning point for San Francisco or more of the same?

Pace of Construction in San Francisco Drops, but…

Number of Homes on the Market in San Francisco Ticks Up

Apartment Rents in San Francisco Appear to Have Bottomed

Auction of Marin Mega-Estate Site Fades to Black

Scofflaw Permit Expediter Agrees to a $1.7 Million Settlement

Conversion of Iconic Union Square Building Closer to Reality

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

San Francisco’s City Hall Will Reopen in June

Dolores Heights View Home Fetches an Early 2019 Price

Value of a Prized View Condo Drops $500K

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Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year

Month: May 2021

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