Pending Home Sales Drop 2.8 Percent Nationally
Having slipped in December, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped 2.8 percent in…
Benchmark Mortgage Rate Hits a Six-Month High
Having inched up 8 basis points (0.08 percentage point) to a three-month high last week, the average rate for a benchmark 30-year mortgage has since jumped another 16 basis points…
Amazon’s Plan for That Prime Showplace Square Site
Amazon’s plans for a “last mile” distribution and delivery station to rise upon the Prime Showplace Square parcel at 900 7th Street, a nearly 6-acre parcel which is bounded by…
Mortgage Loan Activity Drops
Having slipped earlier this month, mortgage loan activity across the U.S. dropped 10 percent over the past week, with purchase loan activity dropping 8 percent and refinancing activity down 11…
San Francisco Qualifies for “Red” Tier Status [UPDATED]
With the 7-day average number of daily new COVID-19 cases diagnosed in San Francisco having dropped to 82, which is the lowest 7-day average in over 3 months and nearly…
Penthouse Shell Dropped Over 40 Percent
Priced at $10.495 million in September of 2019, a subsequent $1.55 million “buildout incentive” failed to move the 5,223-square-foot penthouse shell #41B atop the LUMINA tower at 201 Folsom Street…
Index for Bay Area House Values Holds, Condo Values Slip
Having inched up an upwardly revised 0.9 percent in November, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Rivian Has Set Its Sights on Hayes Valley
Plans to empty and renovate the two brick-fronted garage buildings at 340 and 362 Fell Street, which are currently home to California Detailing, Fell Street Auto Service and Domport Auto…
Number of Homes on the Market in San Francisco Ticks Up
With the number of new listings having outpaced the number of new contracts written over the past week, the total number of homes on the market in San Francisco ticked…
South Van Ness Infill Development Closer to Reality
As we outlined back in 2017: Plans to level the Barney’s Auto Center shop at 986 South Van Ness Avenue, between 20th and 21st Streets in the Mission, and build…