October 2023 – SocketSite™

Breaking News East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Index for Bay Area Home Values Slips, National Index Gains

October 31, 2023

Having inched up an upwardly revised 0.2 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes…

As Proposed Industry Stuff Neighborhoods Trends

Another Stalled Development Trying the “Auction” Route

October 30, 2023

As we outlined last year: Having been entitled last month, the supersized plans for a 50-unit development to rise up to 65 feet in height on the shuttered Mission District…

Bubble (Or Not) Commercial Industry Stuff Neighborhoods Real Estate Economics Trends

Enough Empty Office Space for 200,000 Worker Bees in San Francisco

October 27, 2023

As we outlined last week, the amount of vacant office space in San Francisco has hit nearly 26 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and…

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

Still Seeking Offers for Lux View Home Listed at a Big(ger) Loss

October 27, 2023

As we outlined back in the April, the four-bedroom view home at 60 Clarendon Avenue, which steps down the slope of Clarendon Heights to yield 3,650 square feet of conditioned…

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

Inventory Levels in S.F. Have Peaked, Reductions on the Rise

October 26, 2023

As projected, the net number of single-family homes and condos on the market in San Francisco appears to have hit its annual peak, with 6 percent fewer homes on the…

Breaking News Industry Stuff Real Estate Economics Trends

New Home Sales Jump as Prices Drop, But Inventory Inching Up And…

October 25, 2023

Having dropped 8 percent in August, the seasonally adjusted pace of new single-family home sales in the U.S. jumped 12.3 percent in September to an annual rate of 759,000 sales,…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Pending Home Sales in San Francisco Have Dropped 50 Percent

October 24, 2023

While “only down 17 percent” versus the same time last year, the net number of single-family homes and condos in contract to be sold across San Francisco is over 50…

Industry Stuff Listings (for sale) Marin (And Points North) Neighborhoods RealRecentReductions

Entitled Slice of Paradise Has Dropped Over 70 Percent

October 24, 2023

Listed for $39 million in September of 2014, 2800 Paradise Drive in Tiburon, a 14.5-acre parcel of undeveloped land with 2,000 square feet of San Francisco Bay shoreline and fully-entitled…

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

Architectural Significance in the Mission, Take Two

October 23, 2023

As we outlined last year, the two-level, 2,215-square-foot Mission District condo at 859 Alabama Street, which “epitomizes sophisticated San Francisco city living and offers a rare opportunity to own an…

East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Bay Area Employment Inches Up, Down Year-Over-Year

October 23, 2023

Having dropped by an upwardly revised 7,300 in August, the number of San Francisco residents with a job inched up by 600 in September to 557,600 but was down by…

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…

Index for Bay Area Home Values Slips, National Index Gains

Another Stalled Development Trying the “Auction” Route

Enough Empty Office Space for 200,000 Worker Bees in San Francisco

Still Seeking Offers for Lux View Home Listed at a Big(ger) Loss

Inventory Levels in S.F. Have Peaked, Reductions on the Rise

New Home Sales Jump as Prices Drop, But Inventory Inching Up And…

Pending Home Sales in San Francisco Have Dropped 50 Percent

Entitled Slice of Paradise Has Dropped Over 70 Percent

Architectural Significance in the Mission, Take Two

Bay Area Employment Inches Up, Down Year-Over-Year

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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: October 2023

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