Average Asking Rent in S.F. Ticks Up for First Time in Eight Months, But…
The weighted average asking rent for an apartment in San Francisco ticked up a (1) percent over the past month to $3,330, representing the first uptick in eight months. That…
Stunning Dolores Heights Penthouse Returns Anew
The top floor and attic of the three-unit building at 3758-3762 21st Street were turned into a light-filled penthouse unit (3762 21st Street) with high-end finishes and Dolores Heights views…
Benchmark Mortgage Rate Continues to Climb
Having leapt back over 7 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up another 7 basis points (0.07 percentage points) to 7.17 percent,…
Apples To Apples
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Real Estate Economics
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Trends
Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less
Developed by JS Sullivan and completed in 2019, the one-bedroom unit #301 in the 42-unit building at 719 Larkin Street sold for $685,000 in September of 2019, establishing a building…
Contemporary Western SoMa Condo Trades Down Over 30 Percent
Speaking of “over asking” sales in this “surging” market, the re-sale of the two-bedroom condo #219 at 99 Rausch has just closed escrow with a contract price of $885,000, which…
Converted Cole Valley TIC Unit Fetches an “Over Asking!” Price
As we outlined earlier this year, the light-filled, top floor one-bedroom unit #5 at 762-764 Cole Street returned to the market listed for $950,000 this past September, having been purchased…
Purchase Mortgage Activity Ticks Down, Jumbo Rates Jump
Purchase mortgage application volume in the U.S. was effectively unchanged over the past week in the absolute but ticked down a (1) percent on a seasonally adjusted basis and was…
Pace of New Home Sales “Surged” Last Month, But…
Having dropped a downwardly revised 5.1 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 8.8 percent in March and was 8.3 percent…
Modern Mansion Atop Mount Sutro Returns
Having hit the marked priced at $22 million in the third quarter of 2020, the modern 7,440-square-foot home at 150 Glenbrook Avenue, which was designed by John Maniscalco Architecture and…
Inventory Ticks Up in San Francisco, Average Asking Price Down
The net number of single-family homes and condos on the market in San Francisco ticked up another 3 percent over the past week from a 13-year seasonal high, with 7…