Long-Term Effect Of Mission Moratorium: None
Despite what you might have read elsewhere, according to the City’s Office of Economic Analysis, “a temporary moratorium on market-rate housing would not affect the supply or price of housing…
Benchmark Mortgage Rate Drops To A Three-Month Low
Having dipped back below 4 percent four weeks ago, the average rate for a 30-year mortgage has dropped to 3.84 percent, the lowest average rate since May and versus 4.10…
It Was Black Monday In China And U.S. Markets Sang The Blues
China’s benchmark Shanghai Composite Index tumbled 8.5 percent today and the U.S. markets followed suit, with the Dow Jones Industrial Average shedding 3.6 percent to 15,871.35 and the S&P 500…
San Francisco And East Bay Employment Rocket To Record Highs
Having slipped by about a thousand in June, the number of people living in San Francisco with a job jumped by 6,500 in July and now totals a record 532,100,…
The Budget And Renderings For 120 Affordable Transbay Units
With the cost of lumber spiking, the proposed structural design for the below market rate (BMR) building to rise on Transbay Block 7 – stretching from Fremont to Beale along…
2% Annual Appreciation Since 2007, With A Bit Of Volatility Between
Purchased as new for $810,000 in July of 2007, the top-floor one-bedroom condo #411 at 310 Townsend Street resold for $575,000 in December of 2011, a 29 percent drop for…
Affordable Housing Bond Cost Analysis
According to San Francisco’s Controller, if the proposed $310 million Affordable Housing Bonds measure, Proposition A, is passed this November, the estimated average cost for the bonds, collected in the…
SFGate’s ‘Insane Flip’ Is Complete Fiction, Here Are The Facts
According to the current headline report and most popular story on SFGate, a two-bedroom Nob Hill condo was purchased for $690,000 in June of 2014 and flipped for $1,740,000 this…
Average 30-Year Mortgage Rate Drops Back Below 4 Percent
Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12…
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17,000 Square Feet Of Space And Parking For 40 Cars In Los Altos Hills
Built for C. Earl Dawson in 1939 on what was then a 130-acre assemblage of land purchased from the University of California in 1936, the 17,000-square-foot Rancho San Antonio estate…