The Fed Just Cut Rates, Again
As predicted, the Federal Reserve just cut the benchmark Federal Funds rate by another 25 basis points (0.25 percentage points), the second such cut this year. Having dropped its benchmark…
Listing Activity Hits a 13-Year High in San Francisco
While home sales in San Francisco are currently running at an 8-year low, the number of properties newly listed for sale over the past week crossed the 300 mark for…
Bay Area Home Sales and Median Price Were Down, Again
While the number of single-family homes and condos that traded hands across the greater Bay Area inched up 0.5 percent from June to just over 7,400 in July, sales were…
The Fed Just Cut Rates, Might Not Be Done
With the Fed having formally signaled a more “patient” approach with respect to any future rate hikes back in January, the probability of an easing started to emerge, as we…
Scofflaw Developer Settles for $1.2 Million
Having been accused of routinely engaging in the under-permitted renovation and expansion of residential properties throughout San Francisco, Ashok Gujral, a local real estate developer, has agreed to pay $1.2…
Bay Area Home Sales and Median Price Continue to Drop
Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of single-family homes and condos that traded hands across the greater Bay Area dropped 11.4…
Big Hub District Plan and New Heights Closer to Reality
On the heels of the adoption of San Francisco’s Central SoMa Plan, the legal challenges of which have yet to be resolved, San Francisco’s Planning Department has just finished drafting…
Giants Positioning to Break Ground on Massive Mission Rock Project
Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is positioning to break ground on the first phase of their massive (yes, massive)…
Bay Area Employment Is Actually on the Decline
Having dropped to a record low of 1.9 percent in May, the unemployment rate in San Francisco inched up to 2.3 percent in June as the number of people living…
Lawsuit to Block Hotly Contested Navigation Center Has Been Filed
While San Francisco’s Board of Supervisors unanimously rejected an appeal of the approved, but hotly contested, plans for a temporary Navigation Center to be constructed on the Port’s current parking…