Articles Filed Under: Industry Stuff

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Number of Homes on the Market in San Francisco Holds

Number of Homes on the Market in San Francisco Holds

With the number of homes that were newly listed for sale in San Francisco over the past week matched by the number of new purchase contracts written, overall inventory levels effectively held at around 900 and a seasonal 10-year high. And while the pandemic-driven exodus of listings in March... Read More »

The Draft Plans and New Timing for Temporary Terminal Site

The Draft Plans and New Timing for Temporary Terminal Site

The draft plans for the redevelopment of the southern third of the shuttered Temporary Terminal Site, a nearly 43,000-square-foot block bounded by a future extension of Clementina Street to the north, Main Street to the east, Folsom Street to the south, and Beale Street to the west, have been... Read More »

Seeking Forgiveness for the Former Abby Hotel

Seeking Forgiveness for the Former Abby Hotel

With the master lease to the San Francisco Art Institute, which had been using the building for student housing, having expired last year, and 52 of the 54 units, 27 of which had private bathrooms, having been delivered vacant, the former Abby Hotel at 630 Geary Street traded for... Read More »

Hayes Valley Trader Joe’s Closer to Reality

Hayes Valley Trader Joe’s Closer to Reality

Following a major false start by Portland-based New Seasons Market, which was aiming to open in 2018, Trader Joe’s has now formally submitted their application to build-out and operate the roughly 17,000-square-foot ground floor grocery store space at 555 Fulton Street in Hayes Valley. If approved by the City,... Read More »

Creative Central SoMa Infill Project Closer to Reality

Creative Central SoMa Infill Project Closer to Reality

The creative plans for two equal-sized, but slightly offset, buildings to rise up to 85 feet in height upon the through-block Central SoMa parcel at 470-474 Bryant Street have just qualified for a streamlined review. As we outlined last year, the proposed development includes a demolition of the adjacent,... Read More »

Foreshadowing the Fight for a Telegraph Hill Infill Project

Foreshadowing the Fight for a Telegraph Hill Infill Project

As we revealed last month, plans to the redevelop the parking garage parcel at 955 Sansome Street, at the intersection of Vallejo, have been drawn. And as envisioned, a seven-story building with an additional “mezzanine” level would rise up to 84 feet in height on the lower Telegraph Hill... Read More »

Number of Homes for Sale in San Francisco Ticks Up

With the number of single-family homes and condos that were newly listed for sale in San Francisco over the past week having outpaced the number of new purchase contracts that were written, the number of homes on the market across the city (i.e., inventory) ticked up a (1) percent... Read More »

Officially 20 Percent “Over Asking!” in the Bayview

Officially 20 Percent “Over Asking!” in the Bayview

Renovated in 2017, incorporating original detailing while opening up the main floor, “to accommodate today’s living needs,” the 2,112-square-foot, four-bedroom Bayview home with a garage at 1343 Palou Avenue was listed for $1,359,000 last March. When an acceptable over-asking offer failed to materialize, the list price for the home... Read More »

Corona Heights Castle, Cleaned Up and Flipped

Corona Heights Castle, Cleaned Up and Flipped

Purchased in a state of disrepair, with “years of deferred maintenance,” for $1.11 million in March of last year, the three-bedroom, one-bath Corona Heights “Castle” at 253 States Street has since been cleaned up and flipped. In addition to having cleaned up the interior and exterior of the 1,687-square-foot... Read More »

Pace of New Home Sales in the U.S. Drops Over 18 Percent

Pace of New Home Sales in the U.S. Drops Over 18 Percent

Having ticked up 3.2 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 18.2 percent last month to an annualized rate of 775,000 sales, which is nearly 21 percent below the 14-year high it registered last July/August. That being said, the February... Read More »