Development To Lower Housing Costs Across The City, Sort Of…
According to San Francisco’s Office of Economic Analysis, with 1,268 condos and 411 rental units, the 1,679 unit Schlage Lock Project will increase the total number of for-sale units in…
First Flip At Linea Seeks $1,300 Per Square Foot, Quick $200K Gain
With the sales office still working to close out the last few units for sale at Linea on Market Street (a.k.a. 8 Buchanan), the buyer of a two-bedroom unit who…
Mortgage Rates Tick Down, Now Lower Than Last Year
The average rate for a conforming 30-year mortgage ticked down to 4.14 percent over the past week, 44 basis points below the three-year high rate of 4.58 percent recorded this…
Transbay Transit Center $300M Over Budget, Rooftop Park Waylaid
Overruns have added $300 million to the cost of constructing San Francisco’s $1.9 billion Transbay Transit Center, and unless the City can raise $24 million in private donations and grants,…
Preview Of Proposed 12-Story Shattuck Avenue Project
A preview of the plans for a 12-story residential building to rise on the southeast corner of Shattuck Avenue and Berkeley Way will be presented to Berkeley’s Zoning Adjustments Board…
New Single-Family Home Sales Jumped In May
The seasonally adjusted annual pace of new single-family home sales in the U.S. rose to 504,000 in May, up 18.6 percent from the revised pace of 425,000 as measured in…
Freddie Mac: San Francisco Housing Market Is Weak. Here’s Why
According to Freddie Mac’s “Multi-Indicator Market Index,” the U.S. housing market remains weak despite improving employment, declining delinquencies, attractive mortgage rates and home price gains, but conditions have improved year-over-year.…
Leno Abandons Bill To Curb Ellis Act Evictions In San Francisco
Senator Mark Leno has decided not to pursue his proposed bill to curb speculative Ellis Act evictions in San Francisco. Drafted “to ensure that real estate speculators in San Francisco…
The Heart Of The New Hunters View Neighborhood
The rebuilding of San Francisco’s 22-acre Hunters View public housing development into a mixed-income neighborhood will triple the number of dwelling units to 800 – half of which will be…
Top Tier San Francisco Home And Condo Values Hit All-Time High
Single-family home values within the San Francisco MSA are 18.2 percent higher on a year-over-year basis and the index for the top-tier of San Francisco homes has hit an all-time…