Modern Infill on the Boards, Slated for Approval
Purchased for a breathless “$1,700 per square foot,” or “$1.65 million for a tear down(!),” in the third quarter of 2019, plans to raze the uninhabitable 950-square-foot Portola District home…
Mortgage Rates Continue to Inch Up
While the Fed has just affirmed its intentions to maintain a low rate environment through 2023, the average rate for a benchmark 30-year mortgage, which inched over 3 percent for…
Rents in San Francisco Are Not on the Rise, at Least Not Yet
Despite some recent misreports in the media, apartment rents in San Francisco haven’t started to rebound, at least not yet. In fact, the weighted average asking rent for an apartment…
The Numbers Behind the Lease Up of New Below Market Units
Nearly 7,000 applications (6,849) were received for the 108 Below Market Rate (“BMR”) rental units in the new 537-unit development at 500 Folsom Street, on Transbay Block 9, which was…
Number of Homes for Sale in San Francisco Drops, But…
Having inched up a percent last week, the net number of homes on the market in San Francisco has since dropped 5 percent driven by an uptick in contract activity.…
Apples-to-Apples for a Remodeled Jordan Park Flat
Purchased as a nearly 2,500-square-foot, “top floor flat in an elegant two-unit building in Jordan Park” for $1,662,500 in December of 2014, 68 Parker was extensively remodeled in 2015, with…
Bay Area Employment Actually Dropped Again in January
While the unemployment rate in San Francisco inched down from 6.4 percent in December to 6.3 percent in January, prior to the State’s Stay Home Order having been lifted at…
Phase 2 of the Big Potrero HOPE Project is Underway
The second phase of the approved master plan for redeveloping the 33-acre public housing development atop Potrero Hill, a five-phase plan which aims to eventually rebuild over 600 units of…
Boardinghouse Turned Mansion Finally Trades
Unofficially priced at $29.5 million when it was showcased in 2008, the 15,000-square-foot Pacific Heights mansion at 2820 Scott Street, which was a boarding house prior to being purchased by…
Permits for a Designer Mega-Mansion Have Been Secured
As we outlined back in 2018: Purchased by Mark and Alison Pincus for $16 million in 2012, the nearly 12,000-square-foot Pacific Heights pad at 2950 Pacific Avenue, the rear facade…