Another Upgraded Penthouse Just Listed at a Loss
We’ve been fans of penthouse unit #613 atop the historic Embarcadero Lofts building at 300 Beale Street since we first featured the condo back in 2008. Having last traded hands…
Average 30-Year Mortgage Rate Just Hit 6 Percent, Headed Up
Having already doubled over the past year, the average rate for a benchmark 30-year mortgage ticked up another 13 basis points (0.13 percentage points) over the past week to 6.02…
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Newish Hayes Valley Studio Drops Well Below Its 2016 Price
Purchased for $545,000 in August of 2016, the 371-square-foot studio condo #307 at 388 Fulton Street returned to the market listed for $525,000 in September of last year, a sale…
Purchase Mortgage Applications Now Down Nearly 30 Percent
With a seasonal adjustment for Labor Day, mortgage loan application volume in the U.S. ticked down 1.2 percent over the past week, according to data from the Mortgage Bankers Association’s.…
Affordable Central SoMa Infill Development Closer to Reality
The formal application to move forward with the redevelopment of the Central SoMa parking lot parcel at 160 Freelon Street, a 12,800-square-foot parcel which sits behind the approved neighborhood changing…
Number of Homes for Sale in San Francisco Jumps 20 Percent
The fact that the number of homes in contract to be sold in San Francisco dropped another 7 percent over the past week isn’t too surprising considering it was a…
San Francisco’s Downtown Rail Extension Is Now “The Portal”
As we outlined last year, the projected $6 billion extension of Caltrain to San Francisco’s new Transit Center, which was based on 2017-era dollars and had been dubbed San Francisco’s…
Plans for This $7 Million Presidio Heights Teardown Progress
The “wonderful mid-century home” at 3555 Pacific Avenue, which is “located right on the Presidio Wall in a gorgeous garden setting” and currently measures close to 4,000 square feet, with…
Benchmark Mortgage Rate Has Doubled, Poised to Climb
With purchase demand for existing homes across the nation having already dropped over 20 percent and the pace of new home sales down nearly 30 percent, year-over-year, driven by a…
If You Think You Know the Mission, Now’s the Time to Tell
Purchased for $2.6 million in late 2014, the two-level, 2,215-square-foot Mission District condo at 859 Alabama Street, which “epitomizes sophisticated San Francisco city living and a rare opportunity to own…