Rebuilt Crown Jewel of Noe Valley Reduced, Relisted Anew
Speaking of price reductions, the modern 6,000-square-foot home at 625 Duncan Street, “one of the most magnificent crown jewels of Noe Valley,” has just been relisted anew for $7.995 million,…
Spring Inventory Levels Might Have Peaked in San Francisco
While one week doesn’t make for a trend, the net number of homes on the market in San Francisco (i.e., inventory) ticked down a few percent over the past week…
Office Vacancy Rate in San Francisco Hits a Pandemic High
Having inched down to just under 20 percent at the end of last year, the effective office vacancy rate in San Francisco ticked back up to a pandemic high of…
Bay Area Employment Within 3 Percent of Pre-Pandemic Count
Having increased by a (downwardly revised) 8,100 in February, the net number of people living in San Francisco with a paycheck increased by 6,800 in March to 557,600, representing 52,600…
Office Vacancy Rate in the East Bay Eases, First Drop Since 2019
Having ticked over 18 percent at the end of last year, the office vacancy rate in the East Bay, not including Walnut Creek or further east, inched down to 17.3…
Purchase Activity for New Homes Down Despite More Inventory
Mortgage loan application volume to purchase a new home in the U.S. ticked up 10 percent from February to March with typical seasonality in play. That being said, application volumes…
Another Chic “Over Asking!” Sale (at an Actual Loss)
The “chic” and contemporary one-bedroom unit #405 in the Rowan at 338 Potrero Avenue, “a welcome oasis for the urban dweller who appreciates thoughtful use of space, a modern vibe,…
Benchmark Mortgage Rate Hits 5%, First Time in Over a Decade
The average rate for a benchmark 30-year mortgage jumped another 28 basis points (0.28 percentage points) over the past week to 5.00 percent, which is 196 basis points and over…
Mission District Infill Development Closer to Reality
As we first outlined back in 2019, plans for a new six-story building to rise up to 65 feet in height at 2955 Mission Street were in the works. As…
Newfound Transparency Near the Top of an Infinity Tower
Purchased for $2.4 million in September of 2018, the two-bedroom, two-bath unit #40E near the top of the Infinity tower at 338 Spear Street, a 1,588-square-foot unit which features an…