Forest Hill Oasis Trades Down Nearly 10 Percent
As we outlined last month, the “striking and sophisticated” four-bedroom Forest Hill home at 369 Pacheco Street, “the perfect oasis in the middle of the city,” returned to the market…
A Premier Pac Heights Transformation and Price
The 2,300-square-foot, full-floor unit #8 at 1960 Vallejo Street, a “rarely available high-floor unit in one of San Francisco’s premier Pacific Heights coop buildings stunning views of the Golden Gate…
Asking Rents in San Francisco Hold, Down YOY
The weighted average asking rent for an apartment in San Francisco was effectively unchanged in January, holding at around $3,450 a month. On a year-over-year basis, however, the average asking…
Benchmark Mortgage Rate “Stabilizing” Above 6 Percent
With the probability of a rate cut this quarter having dropped, the average rate for a benchmark 30-year mortgage has inched back up to 6.69 percent. At the same time,…
Iconic Phoenix Hotel in Play, Positioned for Redevelopment
With the long-term lease for the iconic Phoenix Hotel slated to expire in September of next year, the 44-room hotel at 601 Eddy Street, “a favorite of the rock and…
Average New Home Price Drops, Sales Tick Up, Inventory Too
Having dropped 9 percent in November, the seasonally adjusted pace of new single-family home sales in the U.S. ticked back up 8 percent in December and ended the year 4.4…
Home Sales in San Francisco “Rebound!”
Having dropped to a seven-year low in the absolute earlier this month, despite the average 30-year mortgage rate having dropped a full point, the number of homes in contract to…
Premier Block Pac Heights Condo Trades Down
Purchased for $2.500 million in October of 2019, the 2,280-square-foot unit #1 at 2172 Pacific Avenue, a “house-like, two level condominium…located on a premier flat block of Pacific Heights with…
An “Over Asking” Mid-Market Resale and New Comp!
The 423-square-foot studio unit #211 at 1075 Market Street, a “lovely unit with open floor plan at Stage 1075,” which is “located close to shops, transportation & tech companies,” has…
Inventory Levels Jump, Poised to Keep Climbing
The number of homes on the market in San Francisco jumped another 12 percent over the past week and is poised to keep climbing for at least another month, with…