Mortgage Rates Continue to Inch Up
While the Fed has just affirmed its intentions to maintain a low rate environment through 2023, the average rate for a benchmark 30-year mortgage, which inched over 3 percent for the…
Oakland Aiming to Adopt Its Downtown Plan and Fund Housing
While waylaid by the pandemic, Oakland’s Planning Department is aiming to update and adopt its comprehensive plan to transform Downtown Oakland by the end of this year. As envisioned, the…
New Tower Tops Out, on Track for Delivery This Year
The 25-story tower rising at 415 Natoma Street, the first building of the massive 5M Project, which spans a 4-acre South of Market site stretching from Mission to Howard and…
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San Francisco’s Housing Pipeline Held in Q3
With new permitting and entitlement activity having effectively ground to a halt in the third quarter of this year while construction crews continued to work and deliver new units, the…
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San Francisco’s Housing Pipeline Drops 5 Percent, But…
Having hit a record high at the end of 2019, the number of apartments and condos now under development in San Francisco (i.e., the city’s housing pipeline) has since dropped…
Neighborhood Changing Development(s) Poised to Break Ground
With the San Francisco Tennis Club at 645 5th Street having been fenced and Alexandra Real Estate Equities poised to break ground for the 243-foot-tall, 775,000-square-foot “88 Bluxome” Street development…
Revised Timing for Massive Power Plant Redevelopment
Independent of any ongoing impact related to the pandemic or economy in general, the proposed phasing and building timeline for the massive redevelopment of the 29-acre Potrero Power Plant site…
Local Unemployment Claims Tick Up
While the unemployment rate in San Francisco declined in July, the number of San Francisco residents that filed a new/initial unemployment claim last month actually ticked up 5.3 percent to…
Tower Team Sued for Potential Loss of Spectacular Views (UPDATED)
As noted by a plugged-in tipster, the buyers of a $5.85 million, two-bedroom unit on the 55th floor of the new tower at 181 Fremont Street have just filed suit…
San Francisco’s Housing Pipeline Hits a Record High
With the number of newly proposed units of housing to be built in San Francisco having ticked up in the fourth quarter of last year, the number of apartments and…