April 2023 – SocketSite™

Apples To Apples Design & Architecture Industry Stuff Neighborhoods Real Estate Economics RealRecentReductions Trends

No Appreciation for a High-Tech Noe Valley Home

April 28, 2023

Speaking of high-end San Francisco homes, re-sales and neighborhoods, the “luxury high-tech” Noe Valley home at 33 Day Street, recently resold for $4.7 million, having been priced at $5.495 million…

Apples To Apples Design & Architecture Neighborhoods RealRecentReductions Trends

Little Appreciation for Glen Park’s First $5 Million Home

April 28, 2023

When the contemporary 5-bedroom home at 80 Laidley Street sold for $5.4 million in mid-2017, it was the first Glen Park home to break the $5 million mark, prior to…

New Developments

Rents in S.F. Holding Below Pre-Pandemic Levels, Availability Up

April 27, 2023

The weighted average asking rent for an apartment in San Francisco was unchanged over the past month, holding at around $3,600, which is 5 percent higher than at the same…

Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Inches Back Over 6.4 Percent

April 27, 2023

The average rate for a benchmark 30-year mortgage inched up another 4 basis points (0.04 percentage point) over the past week to 6.43 percent, continuing a trend that shouldn’t catch…

Apples To Apples Bay Buildings Design & Architecture Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Now Further in the Red Atop The Iconic Summit on Green

April 26, 2023

As we outlined earlier this month: Featuring walls of floor-to-ceiling windows with “unparalleled, panoramic views,” the two-bedroom corner unit #2905 near the top of the iconic Russian Hill “Summit” at…

Bay Buildings Commercial Industry Stuff Neighborhoods

Storied North Beach Venue Now Going the “Auction” Route

April 26, 2023

Despite having been reduced from $8.35 million to $7.5 million last year, a sale at which would have equaled roughly $511 per listed square foot, versus an estimated replacement cost…

Breaking News Bubble (Or Not) East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

April 25, 2023

Having dropped for eight months in a row, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North…

Breaking News Industry Stuff Real Estate Economics Trends

Pace of New Home Sales Jumps, Still Down YOY

April 25, 2023

The seasonally adjusted pace of new single-family home sales in the U.S. jumped 9.6 percent in March to an annualized rate of 683,000 sales but was still 3.4 percent lower…

Industry Stuff Listings (for sale) Real Estate Economics RealRecentReductions Trends

Inventory Levels Tick Up in San Francisco, Price Per Foot Down

April 24, 2023

The net number of single-family homes and condos on the market in San Francisco ticked up another 4 percent over the past week with typical seasonality in play. As such,…

Apples To Apples Design & Architecture Industry Stuff Listings (for sale) Neighborhoods RealRecentReductions

Modern $10 Million Cow Hollow Home in Contract

April 21, 2023

Quietly purchased for $9.75 million in March of 2015, which was nearly 23 percent more than the home had fetched in 2012, despite the “short term hold” and it having…

Parklife on An Opportunity to Capitalize on a Bernal Heights Blaze
Except that the S&P return during that same period was approximately 88%, without holding costs (albeit assuming this was leveraged,…
Brahma (incensed renter) on An Opportunity to Capitalize on a Bernal Heights Blaze
If anything good can come from this, hopefully tthose who aren't cheerleading development and have concerns about neighborhood character will…
Jack on An Opportunity to Capitalize on a Bernal Heights Blaze
I guess it’s hard to argue with value engineering low income housing, but what a shame they were not able…
Brahma (incensed renter) on An Opportunity to Capitalize on a Bernal Heights Blaze
A joint venture led by three local developers including Bernal Heights Housing Corporation, Tabernacle Community Development Corporation, and Mitchelville Real…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
Lurie's key claim — and the big point in his favor relevant for this thread — is that he was…
Neighborhood Activist on Pace of Home Sales in San Francisco Drops
Your guess is as good as mine. He may be really good for SF, or he may be worthless. I…
Notcom on Pace of Home Sales in San Francisco Drops
Yes it is, definitely...one of the two.
sf on Pace of Home Sales in San Francisco Drops
Daniel Lurie as mayor... is this a turning point for San Francisco or more of the same?
Brahma (incensed renter) on Another 2 Million Square Feet of Vacant Office Space in San Francisco
That's not surprising and it's probably just an opener. The City Controller’s Office put out a report fairly recently that…
Neighborhood Activist on Pace of Home Sales in San Francisco Drops
I feel like this might be a psychological experiment to see when the last of us gives up and goes…

No Appreciation for a High-Tech Noe Valley Home

Little Appreciation for Glen Park’s First $5 Million Home

Rents in S.F. Holding Below Pre-Pandemic Levels, Availability Up

Benchmark Mortgage Rate Inches Back Over 6.4 Percent

Now Further in the Red Atop The Iconic Summit on Green

Storied North Beach Venue Now Going the “Auction” Route

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

Pace of New Home Sales Jumps, Still Down YOY

Inventory Levels Tick Up in San Francisco, Price Per Foot Down

Modern $10 Million Cow Hollow Home in Contract

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Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year

Month: April 2023

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