Number of Homes on the Market Inches Up, Poised to Climb
The number of homes on the market in San Francisco, net of all sales activity, inched up a (1) percent over the past week, which is typical for the week…
Bonus Plans for Another Parking Garage Site on the Boards
Purchased along with the 7-story office building on the southwest corner of Francisco and Montgomery for $91 million in the fourth quarter of 2016, plans to raze the four-story, 274-space…
The Lenders Take a Loss in Saint Francis Wood
Having been expanded, renovated and converted into an “executive-style home,” complete with an elevator connecting its unexpected five floors of space, the now 3,172-square-foot St. Francis Wood house at 250…
There Are Not 40,000 Vacant Homes in San Francisco
While it makes for good headlines and viral sound bites, the notion that there are “more than 40,000 vacant homes in San Francisco” is not only misleading but represents a…
Planning Votes to Close Group Housing “Loophole”
As we outlined last week: Created to allow for the development of communal living arrangements, with “communal facilities shared by all project residents,” including communal kitchens and living areas to…
Benchmark Mortgage Rate Just Jumped to a 2-Year High
The average rate for a benchmark 30-year mortgage jumped 14 basis points (0.14 percentage points) over the past week to 3.69 percent, which is nearly a full percentage point (96…
Tweaks and Timing for Historic Infill Project [UPDATED]
Plans to raze everything but the historic façade of the recently refurbished Polk Gulch building at 1217 Sutter Street have been in the works since late 2020, as we first…
Mortgage Loan Application Volumes Drop
Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 8.1 percent on a seasonally adjusted basis over the past week and were down 6…
Approved. Permitted. And…Not About to Break Ground
Redesigned to yield 24 two-bedroom units, rather than a mix of 12 one-bedrooms and 12 twos, building permits for the approved seven-story development to rise adjacent to and behind the…
Pace of Home Sales in San Francisco Dips
Down an average of 18 percent on a year-over-year basis in December, the number of single-family homes and condos in contract across San Francisco was down an average of 23…