Office Vacancy Rate in the East Bay Nearing 18 Percent
With the office vacancy rate in San Francisco having ticked over 20 percent, with over 17 million square feet of vacant space, the vacancy rate for office space in the…
Rebound in S.F. Rents Slows, Still Down Over 20 Percent
Having rebounded a combined 6 percent in May and June, the weighted average asking rent for an apartment in San Francisco has since ticked up around (1) percent to $3,275…
Landmark Mansion on the Market for $5.85M
Known as “Nobby Clarke’s Folly” back in the day, the 8,395-square-foot Alfred E. Clarke Mansion at 250 Douglass Street, which occupies the southwest corner of Caselli Avenue in Eureka Valley/Corbett…
Pace and Price of Existing Home Sales in the U.S. Tick Up, But…
Having dropped to an 11-month low in May, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.4 percent in June to an annual rate of 5.86…
Benchmark Mortgage Rate Drops, Nearing an All-Time Low
Having inched down to a five-month low last week, the average rate for a benchmark 30-year mortgage has since dropped another 10 basis points (0.10 percentage points) to 2.78 percent,…
Building with 65 Below Grade Beds Slated for Approval
A sister project to the proposed SRO development to rise up to 86 feet in height on the southeast corner of South Van Ness Avenue and 15th Street, with around…
Mortgage Loan Activity Down 18 Percent, Year-Over-Year
While the number of homes for sale across the U.S. has ticked up, and the average 30-year rate is back under 3 percent, mortgage loan application volumes ticked down 4…
Inventory Inches Up in S.F., Price Per Square Foot Down
With the number of homes that were listed for sale in San Francisco over the past week having outpaced the number of purchase contracts that were written, the net number…
Bernal “Compound” Fetches an “Over Asking” Price, But…
As we outlined last month: Listed for $4.2 million in January of 2019, the asking price for the “unparalleled view compound” on a 6,300-square-foot lot at 276 Ripley Street, a…
Bay Area Employment Inches Up, Still Down Over 300K
Having increased by 5,700 in May, the number of people living in San Francisco with a paycheck increased by 4,700 in June to 521,400, representing the most employed residents in…