New Life for Delucchi in North Beach as Proposed
Café Delucchi is losing its lease for the restaurant space at 500 Columbus Avenue which it has occupied for the past 16 years. But if approved by the City next…
Silicon Valley Villa Fetches $30.75 Million
Speaking of big Silicon Valley estates, price cuts and expectations, the newly built 16,500-square-foot “contemporary Italian villa” on a 1.5-acre lot at 47 Camino por los Arboles in Atherton has…
Neighborhood Farm vs School
Purchased for $1.295 million in early 2014, the 203 Cotter Street parcel extends nearly 500 feet back through the middle of its Mission Terrace block and has been home to…
Benchmark Mortgage Rate Drops, Nearing Its All-Time Low
The average rate for a 30-year mortgage ticked down six basis points to 3.42 percent over the past week and is now running 43 basis points below the 3.85 percent…
Pending U.S. Home Sales Drop to Second Lowest Level this Year
Having ticked up 1.3 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes an average level of activity, dropped 2.4 percent to 108.5…
$5 Million Price Cut for That Contemporary Atherton Compound
Newly built upon a 2.5-acre Atherton parcel which was purchased for $7.5 million in 2011, the contemporary estate at 246 Atherton Avenue – which now includes a 18,200-square-foot main home,…
Sale of Oakland Development Forecasts Future Rents
Slated to be completed in December, the 25-unit building under construction at 528 Thomas L. Berkley Way, adjacent to the Great Western Power Company gym in Oakland’s Uptown District, is…
San Francisco Approaching Bubble Territory per UBS
According to UBS Wealth Management’s Global Real Estate Bubble Index, the residential real estate market in San Francisco is increasingly overvalued and approaching bubble territory, while New York and Boston…
Bay Area Condo Values Slip for the Second Time, House Values Stall
Having ticked up 0.4 percent to a record high in June, the Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area stalled in July and the index…
Most Homes on the Market in San Francisco since Late 2011
While recorded sales activity in San Francisco ticked up last month, the pace of new listings has ticked up even more. And the number of single-family homes and condos listed…