2021 Ends with Nearly 50% Fewer Homes on the Market, But…
Having peaked in October, the net number of homes on the market in San Francisco (510) has since dropped nearly 60 percent and listed inventory levels are 46 percent lower…
Bonus Plans for the Façade of the Historic Delucchi Building
As we outlined eleven months ago, while plans to convert 4,000 square feet of the 10,000-square-foot Delucchi Sheet Metal Works building at 1526 Powell Street were drawn and approved back…
Pending U.S. Home Sales Drop, Down in S.F. as Well
Having gained 7.5 percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down…
Benchmark Mortgage Rate Ending 2021 Up 44 Bips
The average rate for a benchmark 30-year mortgage inched up 6 basis points (0.06 percentage points) or bips over the past week to 3.11 percent, ending the year 44 basis…
A Million Dollar Price Cut and End of Year Sale
Purchased for $1.7 million in June of 2017, the 947-square-foot, one-bedroom unit #30C in the Four Seasons Residences at 765 Market Street was subsequently remodeled – from its floor to…
Oakland Rents Increased 7 Percent in 2021 but Still Down
Having ticked up a (1) percent in November, the weighted average asking rent for an apartment in Oakland inched up another 0.4 percent in December to $2,440 a month, which…
Indexes for Bay Area Home Values Hold, Poised to Turn
Having inched up 0.1 percent in September, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay…
COVID Rockets in San Francisco [UPDATED]
Compounded by an increase in the detection of asymptomatic cases that might have previously gone undetected, with proactive testing for holiday travel, parties and other get-togethers having jumped, the number…
Rents in S.F. Increased 8 Percent in 2021, Still Depressed
The weighted average asking rent for an apartment in San Francisco effectively held at $3,325 in December, which is roughly 8 percent higher than at the beginning of the year…
Emergency Declaration for the Tenderloin Approved
San Francisco’s Board of Supervisors have concurred with the Mayor’s Declaration of a Local Emergency in the Tenderloin, an area defined by the San Francisco Police Department’s Tenderloin District boundaries,…