Development is Trending Down in San Francisco
The preliminary plans for over 450 major developments have been submitted to San Francisco’s Planning Department over the past six years. The peak year was 2014, during which 116 major…
$70 Million Price Cut for Massive Peninsula Estate
On the market for $100 million in 2013, the asking price for the 47.5-acre de Guigne estate at 891 Crystal Springs Road in Hillsborough, which includes a classic 16,000-square-foot mansion,…
Approved Oakland Tower Waylaid by Lack of Demand
The plans for a 20-story office building to rise over the 12th Street/City Center Bart Station at 1100 Broadway in Downtown Oakland, a development which includes the renovation and incorporation…
Developers Sought for 17-Acre Balboa Reservoir Site
The City of San Francisco has just issued an official Request for Qualifications (RFQ) and concepts from development teams interested in buying, designing, entitling and developing the western 17 acres…
Mrs. Doubtfire House Sells for $4.15 Million
Listed for $4.45 million in September, the iconic “Mrs. Doubtfire House” at 2640 Steiner Street, which was purchased for $1.395 million in 1997 and recently remodeled (including the installation of…
Redevelopment of Prominent SoMa Corner Closer to Reality
It was nearly twenty years ago that San Francisco’s Planning Department first authorized the theoretical conversion of the gas station parcel on northeast corner of Howard and 9th Street which…
New Condo Sales Tick up in San Francisco, Prices Continue to Drop
With a couple of new sales offices having opened in September, the number of contracts signed for new condominiums in San Francisco jumped to 110 in October, which is 7…
Doc’s Clock Move, including Signage, Slated for Approval
The hearing which could allow the 55-year-old Doc’s Clock to move down the street to the vacant coffee shop space at 2417 Mission Street has been scheduled for December 1.…
Ordinance to Further Limit Airbnb-ing and Lawsuits Closer to Vote
Speaking of legislation which could radically affect Airbnb(ing) in San Francisco, the proposed ordinance which would limit the number of days any unit that hasn’t already been registered with the…
Mortgage Rates on the Move up, Poised for Post-Election Jump
The average rate for a 30-year mortgage ticked up 3 basis points over the past week to 3.57 percent, which is the highest rate since the beginning of June but…