Mortgage Rates Inch Up
Having inched over 3 percent for the first time in seven months last week, the average rate for a benchmark 30-year mortgage has since inched up another 3 basis points…
Densified Polk Street Development Positioning to Break Ground
With the refined plans for a denser, 53-unit building to rise up to 65 feet in height upon the current Jug Shop complex site, on the northeast corner of Polk…
Mortgage Loan Activity Slips Driven by a Drop in Refinancings
Having ticked up 2 percent last week, mortgage loan activity across the U.S. has since slipped a percent, driven by a drop in refinancing activity, according to the Mortgage Bankers…
Redesigned Penthouse Reduced, Donated and in Contract
Purchased for $2.85 million in May of 2013, the 2,100-square-foot penthouse unit 1C atop the Watermark at 501 Beale Street was redesigned and dramatically remodeled in 2014, yielding a designer…
COVID Case Rate Drops to a 4-Month Low in San Francisco
Having hit a revised pandemic high of 375 on January 8, the 7-day average number of daily new COVID-19 cases diagnosed in San Francisco has dropped to 52, which is…
Challenged Infill on Valencia Street Slated for Approval
Speaking of bonus-sized infill buildings poised to rise in the Mission, the refined plans for a 65-foot-tall building to rise on the San Francisco Auto Works parcel at 1021 Valencia…
Inventory Levels Inch Up in San Francisco
Having slipped last week, the net number of homes on the market in San Francisco has since inched back up 1 percent to 980, representing 35 percent more inventory than…
Bonus-Sized Development in the Mission Closer to Reality
As we first revealed back in 2019, a redesign of the proposed development to rise on the shuttered Mission District garage site at 1721 15th Street was in the works,…
Behind the Big Sale of the Dalziel Building
While the 24,000-square-foot Dalziel Building at 2741 16th Street was recently renovated, converted into modern R&D space and fully leased to Ouster, a leading LiDAR technology firm, its sale for…
Another Ambitious Infill Development on the Boards
The irregularly-shaped, 36,406-square-foot lot in the middle of the Crocker Amazon that’s block bounded by the homes fronting Guttenberg, Morse, Brunswick and Lowell streets, was purchased for $1.9 million in…