Mortgage Rates On The Rise
Mortgage rates have ticked up for the third week in a row and the average rate for a conforming 30-year mortgage is currently averaging 3.8 percent, up from 3.59 percent…
Inner Mission Development Racing To Beat Building Moratorium
A permit to raze the shuttered Western Plywood warehouse at Harrison and 22nd Streets in the Mission has been requested, and in its place, a four-story residential building is planned…
Google Rebooting Plans For New Mountain View Campus
Having put their plans for a 1.1 million square foot Bayview Campus designed by NBBJ on hold back in 2013, Google is reportedly preparing to submit plans for a new…
Modern Mid-Market Development Downsized, Art Center Cut
Group I’s plans for a modern Mid-Market hotel, residential and retail complex to rise up to 200-feet in height at the corner of Market and Turk have been downsized, and…
Pace Of New Home Sales In The U.S. Slips, Inventory Builds
Having jumped 11.6 percent in December, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 0.2 percent to an annual rate of 481,000 sales in January.…
Mega Condos Could Top Two San Francisco Towers, Set A Record
Tishman Speyer is quietly exploring the possibility of merging up to twelve three-bedroom units atop the two towers rising at 201 Folsom Street (a.k.a. LUMINA). At the extreme, the eight…
400-Foot Tower Dubbed “Jasper,” Leasing This Spring
The 400-foot tower rising at 45 Lansing has been dubbed “Jasper.” Originally intended to be developed as a 227-unit uberluxury condo building by Turnberry Associates, the project was redesigned by…
Top Tier Bay Area Home Values Hit All-Time High, Condos Slip
Single-family home values within the San Francisco MSA ticked up 0.4 percent from November to December and are running 9.3 percent higher on a year-over-year basis, according to the latest…
Distinctive Telegraph Hill Home Fetches $2.5M, Fate Unknown
Having been listed for $1.995 million, the sale of the rather distinctive Telegraph Hill home at 340 Chestnut Street, which was designed and owned by the late architect, Herbert Kosovitz,…
Half The Lot And Twice The Price ($10M) In Old Palo Alto
According to the MLS, the sale of the Old Palo Alto home at 1935 Webster has closed escrow with a reported contract price of $10 million. As we wrote when…