Listed Inventory Levels in San Francisco Start to Climb
The number of homes on the market in San Francisco jumped nearly 20 percent over the past week and is poised to climb over the next couple of months, with…
Another 2 Million Square Feet of Vacant Office Space in San Francisco
As we noted this past October, at which point there was “only” 26 million square feet of vacant space spread across San Francisco, there was “another 2 million square feet…
Index Versus Reality for a Contemporary Noe Condo
Purchased for $1.95 million in October of 2016, the 1,831-square-foot, “house-like” Noe Valley condo unit #1 at 547 29th Street, which features a contemporary floor plan and finishes, with direct…
Mortgage Credit Availability Drops, Lending Standards Tighten
Despite a drop in the benchmark 30-year mortgage rate to only 6.61 percent, the decline of which has since leveled off, mortgage credit availability dropped 4.6 percent in December, with…
A Concerning Resale and Trend
Purchased for $288,000 in December of 2006, the 254-square-foot studio unit #405 in the Book Concern Building at 83 McAllister Street resold for $365,000 in July of 2021, representing net…
Landmark Nob Hill Condo Drops Over 30 Percent
Listed for $1.798 million in January of 2016, the “tastefully remodeled and…ready to occupy” two-bedroom unit #1414 in the Gramercy Towers at 1177 California Street, “a Nob Hill landmark located…
Asking Prices in San Francisco Ticking Down
With pending home sales in San Francisco having just dropped to a seven-year low in the absolute and the asking price per square foot of the homes in contract across…
Mortgage Rates Inch Up
Having dropped to a six-month low of 6.61 percent at the end of 2023, the average rate for a benchmark 30-year mortgage has since inched up a (1) basis points…
Mission District Mini Penthouse Trades for Over 20% Less
As we outlined a few months ago, the top-floor, junior one-bedroom “penthouse” unit #813 at 45 Bartlett Street (a.k.a. Vida, “in the heart of the bustling Mission District”), which was…
Purchase Mortgage Activity Keeps Ticking Down
Despite a drop in mortgage rates to a six-month low, purchase mortgage application volume in the U.S. ticked down 5 percent on a seasonally adjusted basis over the past two…