As we first reported this past September: While the approval process for a 36-story tower designed by Renzo Piano Building Workshop, in collaboration with Mark Cavagnero Associates, to rise up to 405-feet in height at 555 Howard Street was, in fact, fast-tracked by Planning, and the development was approved... Read More »

Having rebounded to a 7-year seasonal low in September, the number of single-family homes and condos that traded hands across the greater Bay Area totaled 6,147 in November, down 14.1 percent on a month-over-month basis (versus a typical seasonal drop of around 10 percent) and 15.2 percent lower versus... Read More »

Having slipped 0.7 percent in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – has shed a total of 1.0 percent over the past quarter and its year-over-year gain has dropped... Read More »

While the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 5.32 million sales, the pace is now running 7.0 percent lower versus the same time last year, down from 5.1 percent lower on a year-over-year basis in... Read More »

Purchased for $950,000 in June of 2015, the modern two-bedroom unit #411 at 1875 Mission Street (aka “M@1875”) returned to the market listed for $1,050,000 this past August, a sale at which would have represented total appreciation of 10.5 percent for the “luxurious, stylish and modern top floor [Mission... Read More »

Purchased for $1.625 million in mid-2015, the two-bedroom Mission District condo #205 in the “V20” building at 3590 20th Street, at the corner of Valencia, was on the market for $1.549 million last year but failed to find a buyer despite the $76K (4.7 percent) discount. Having returned to... Read More »

Having inched up 0.5 percent in September, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, declined 2.6 percent in October to 102.1 and is now running 6.7 percent lower on a year-over-year basis and 9.1 percent below last year’s... Read More »

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 8.9 percent in October to an annual pace of 544,000 sales which is 12.0 percent lower on a year-over-year basis and 16.8 percent below the long-term average for this time of the year. At the same... Read More »

Having peaked at a 7-year high in the absolute last month, the inventory of homes actively listed for sale in San Francisco (870) has dropped 10 percent with typical seasonality in play but is now 44 percent higher versus the same time last year and remains at a 7-year... Read More »

Having hit a 7-year high in the absolute last month, the number of listed homes on the market in the San Francisco has ticked down 3 percent over the past two weeks to 930 but remains 39 percent higher versus the same time last year, 82 percent above its... Read More »