Apartment Rents in San Francisco Appear to Have Bottomed
Having continued to inch down last month, the weighted average asking rent for an apartment in San Francisco appears to have bottomed at around $3,050 a month, down around 25…
Scofflaw Permit Expediter Agrees to a $1.7 Million Settlement
Walter Wong, the permit expediter for the 555 Fulton Street project and head of the W. Wong Construction Company, has agreed to repay the City for $1.45 million in no-bid…
Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops
The average rate for a benchmark 30-year mortgage inched down another 2 basis points (0.02 percentage points) over the past week to 2.94 percent, which is 34 basis points below…
San Francisco’s City Hall Will Reopen in June
Having closed to the public in March of last year, San Francisco’s City Hall will reopen for in-person services, such as applying for marriage licenses, obtaining birth and death certificates,…
MLB Instructs the Oakland A’s to Explore a Move
Citing “ with the rate of progress on the A’s new ballpark effort with local officials and other stakeholders in Oakland,” Major League Baseball has instructed the Oakland Athletics “to…
Bay Area Population Declines, Housing Supply Inches Up
Following a trend that shouldn’t catch any plugged-in reader’s by surprise, the estimated population of San Francisco proper decreased by 14,773 (1.7 percent) in 2020, representing the largest decline across…
Bars Can Reopen in San Francisco, Plus… [UPDATED]
With the COVID-19 case rate for San Francisco having dropped to an average of under 30 new cases per day, or under 3 new cases per 100,000 residents, and the…
Index for Bay Area House Values Ticks Up, Condo Index Too
Having inched up an upwardly revised 0.6 percent in January, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Asking Rents in San Francisco Continue to Slip, But…
Despite some misreports in the media, apartment rents in San Francisco haven’t started to rebound, as we outlined last month. And in fact, the weighted average asking rent for an…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched down another 7 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 2.97 percent, which is 36 basis points below…