New Home Sales Up and Down, Inventory Climbs
Having dropped a downwardly revised 8.4 percent in October, the seasonally adjusted pace of new single-family home sales in the U.S. increased 12.4 percent in November to an annualized rate…
Redesigned, Rebuilt, Reduced and Resold
Purchased for $2,010,000 in November of 2013, the three-bedroom Pac Heights home with a rather challenging floor plan and multifaceted façade at 2523 Steiner Street returned to the market priced…
Proposed 13-Story Polk Gulch Development, Take Two
Speaking of small lots and big plans, having been stymied by the rules and allowances for either a State or local (HOME-SF) density bonus, the team behind the proposed 13-story…
Mortgage Rates Slip, Slated to Rise
With the Omicron surge rattling the market, driving bond yields down, the average rate for a benchmark 30-year mortgage slipped 7 basis points (0.07 percentage points) over the past week…
Big Plans for a Little Surplus Lot
Purchased from the City and County of San Francisco in a surplus property sale for $232,000 in 2006, plans to build a two-story, two-unit building on the little 880-square-foot lot…
Pace of Existing Home Sales Ticks Up, Down Year-Over-Year
Having inched up 0.8 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 6.46 million…
Plans for Decaying Block Officially Approved
As we outlined last month, the refined plans for the redevelopment of the decaying Portola District block at 770 Woolsey Street were slated for approval by San Francisco’s Planning Commission,…
Purchase Mortgage Activity in the U.S. Drops
Having ticked down 3 percent on a seasonally adjusted basis and 6 percent in the absolute, mortgage loan application volumes to purchase a home in the U.S. were down 9…
Telegraph Hill Project Has Been Supersized as Well
While Planning’s preliminary review of the preliminary plans for a seven-story, 24-unit building to rise up to 84 feet in height upon the parking garage parcel at 955 Sansome Street,…
New Unemployment Claims Near Pre-Pandemic Levels, But…
Having dropped to a pandemic-era low of 51,484 in October, the number of new unemployment claims filed across the Bay Area fell to 36,421 in November, which was within 40…