Bay Area Employment Slipped Last Month, But…
Having increased by 14,300 in the first quarter of 2022, the net number of people living in San Francisco with a paycheck ticked down by 2,900 in April to 555,100.…
A Fast “Over Asking!” Sale at an Early 2017 Price
Having hit the market priced at $695,000 just two weeks ago, the resale of the “gorgeous” and “efficient” one-bedroom with a den unit #305 in the Rowan at 338 Potrero…
Purchase Activity for New Homes Drops by Double Digits
Despite the fact that there are now over 30 percent more new homes on the market across the nation than there were at the same time last year and new…
Pace of Existing Home Sales in the U.S. Nearing a 2-Year Low
Having ticked down 2.7 percent in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.4 percent in April to an annual rate of 5.61 million…
Purchase Mortgage Activity in the U.S. Down over 10 Percent
Having ticked up 2 percent last week, mortgage loan application volume across the U.S. has since dropped 11 percent on both an absolute and seasonally adjusted basis, according to data…
As Proposed
City Planning
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Bigger Plans for Balboa Park Building Slated for Approval, But…
Originally envisioned as a 20-unit building that would rise up to 45 feet in height upon the Balboa Park warehouse site at 350-352 Ocean Avenue, bigger plans for a six-story…
Approved SoMa Development Back on the Market at a Loss
Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which was once home to “Rawhide…
Up on Pacific Avenue But Still Down From 2016
As we outlined back in the first quarter of 2019: The “fabulously located condominium” unit #1 at 1536 Pacific Avenue, which was built in 2009 and “designed to withstand the…
Inventory and Price Cuts Tick Up in San Francisco
The net number of homes on the market in San Francisco (i.e., inventory) ticked up another 3 percent over the past week from what was already an 11-year seasonal high…
Further Muted Plans for New Wharf Hotel Closer to Reality, But…
As we outlined back in March of 2020: Having faced some pushback from the City’s Planning Department with respect to their proposed approach, as originally rendered above, the plans for…