2022 Ends with Over 40% More Homes on the Market in S.F.
Having peaked in October, the net number of homes on the market in San Francisco has since dropped 50 percent with typical seasonality in play and driven by a pronounced…
Average Asking Rent in San Francisco Ended the Year Up, But…
While the weighted average asking rent for an apartment in San Francisco is ending the year around 5 percent higher than at the end of 2021, it ticked down 2…
Pending Price per Square Foot Drops to a Five-Year Low in S.F.
With the Case-Shiller index for Bay Area home values, which is a lagging indicator, having shed 13 percent since May and headed down, the average price per square foot of…
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Index for Bay Area Homes Has Dropped 13%, Headed Down
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked down another 1.7…
Two Modern Mansions and a Driveway with Hidden Parking
With permits to demolish the existing 3,600-square-foot home at 178 Sea Cliff Avenue and build a modern new 8,000-square-foot home on the site having survived a challenge, been approved and…
Pace of New Home Sales Ticks Up, But…
While the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 5.8 percent in November to an annualized rate of 640,000 sales, the pace was still…
Fully-Approved Polk Street Project Put Up for Sale
As we outlined last year, a building permit for the fully-entitled, 97-unit development to rise up to 80 feet in height on the Out of the Closet site on the…
Benchmark Mortgage Rate Inches Down, But…
The average rate for a benchmark 30-year mortgage inched down another 4 basis points (0.04 percentage points) over the past week to 6.27 percent but remains 106 percent higher than…
Mid-Market Condo Resells for 29 Percent Below Its 2018 Price
Purchased for a comp-setting $882,000 or roughly $1,313 per square foot in October of 2018, having been priced at $967,000 or $1,439 per foot by the sales office in 2017,…
Bonus Plans for Lower Potrero Hill Parking Lot Closer to Reality
Plans for a 5-story, 48-unit apartment building to rise on the odd-shaped Regents Cab Company parking lot parcel at 98 Pennsylvania Avenue in Lower Potrero Hill were approved back in…