Benchmark Mortgage Rate Inches Over 3 Percent
Having jumped 16 basis points (0.16 percentage points) last week, the average rate for a benchmark 30-year mortgage has since inched up another 5 basis points to 3.02 percent, which…
Presidio Heights Remodel Raises a Few Red Flags
Purchased as a “grand and totally vacant” 2-unit building, “with ample opportunity for expansion and renovation in a prime Presidio Heights location,” for $3.95 million in October of 2019, a…
Mortgage Loan Activity Ticks Up, But…
Having dropped 10 percent last week, mortgage loan activity across the U.S. ticked up 2.0 percent this week, with purchase loan activity ticking up 5 percent and refinancing activity inching…
San Francisco Drops to the “Red” Tier of Risk
As projected, the COVID-19 related risk level for San Francisco has just been downgraded from “Purple” (Widespread) to “Red” (Substantial), a move which will allow for indoor dining at restaurants…
Golden West (Oakland) Development Slated for Approval
Dubbed “Golden West,” the refined plans for a new 8-story infill development to rise up to 85 feet in height upon the West Oakland BART adjacent parcel at 1396 5th…
The Ambitious Plans for a Towering Freedom West 2.0
The 382 units of cooperative housing known as “Freedom West” were built in the mid-1970s, with 10 buildings rising up to 35 feet in height across four city blocks that…
Inventory Levels Tick Down in S.F. with an Uptick in Sales
While listing activity for single-family homes and condos in San Francisco ticked up nearly 20 percent over the past week, purchase activity ticked up even more. And as such, the…
Refined Plans and Impact Report for A’s Development Released
The Draft Environmental Impact Report (DEIR) for the Oakland A’s proposed stadium, residential and commercial development to rise on the 50-acre-plus Howard Terminal site has just been released by Oakland’s…
High-ish Rise in the Excelsior Slated for Approval
As we first revealed back in 2019, plans for a seven-story infill building to rise up to 74 feet and six inches in height upon the shuttered Club Tapatio site…
Plans To End Artists’ Mid-Market Battle Slated for Approval
The plans to end a nearly eight-year legal and legislative battle between the (now) thirteen remaining residential tenants of the historic Sterling Building at 1049 Market Street, which was illegally…