Benchmark Mortgage Rate Drops Over Half a Point, But…
Having hit 5.81 percent two weeks ago, which was the highest average rate since November of 2008 and above-average over the past 30 years, the average rate for a benchmark…
IKEA’s Redevelopment of Mid-Market Center Closer to Reality
Following a couple of false starts and mis-reports, the formal application to proceed with the conversion of the ill-fated and long-vacant “6×6 San Francisco” shopping center at 945 Market Street…
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RealRecentReductions
Another Reduction for the Redeveloped BrainWash Building/Site
Purchased for $4.6 million in February of 2018 and then remodeled to yield four office suites over an open 4,000-square-foot retail space, with four new bathrooms and a newly poured…
Price Cut(s) for Permitted Third Street Building to Rise
Acquired for $1,075,000 in the second quarter of 2018, with plans for a skinny six-story, seven-unit building to rise on the site having been drawn, the fire-damaged McAfee’s One Hour…
Number of Homes for Sale in San Francisco Drops, But…
Driven by a typical slowdown in new listing activity prior to a holiday weekend, the net number of homes on the market in San Francisco (a.k.a “inventory”) dropped 10 percent…
Premium for Renting in San Francisco Is Ticking Back Up
Having hit $3,500 at the end of May, the weighted average asking rent for an apartment in San Francisco has since ticked up another 2 percent to $3,575 a month,…