San Francisco Is Closing In On Dot-Com Days Peak Employment
The unemployment rate in San Francisco ticked down from 5.3 percent in October to 5.2 percent in November, matching the lowest unemployment rate in the city since June of 2008…
2,806 Applications For 60 Affordable Apartments South Of Market
With 2,806 applications for Bridge Housing’s new 60-unit below market rate building at 474 Natoma Street off Sixth, the Natoma Street Family Apartments, 98 percent of the applicants will need…
Stock Market Rockets After Fed Announces Stimulus Cuts
As we noted last month, the minutes from the Federal Open Market Committee’s October meeting suggested that the Fed was “likely to trim their monthly purchase of $85 billion in…
San Francisco’s Housing Pipeline Breaks The 50,000 Unit Mark
While only 1,600 new housing units were completed in San Francisco over the past year and commercial space in the city declined by 183,000 square feet (due to conversions to…
The Push To Legalize Up To 40,000 Illegal Units In San Francisco
With an estimated 30,000 to 40,000 dwelling units having been illegally built in the basements, garages and attics of buildings throughout San Francisco, units which often meet life and safety…
Adjustable-Rate Activity Up As Applications For Mortgages Decline
With mortgage rates continuing to tick up and the current 30-year rate hovering around 4.6 percent, mortgage applications to purchase property in the U.S. were down 10 percent on a…
An Elegant Three-Bedroom Nob Hill Condo For $550 A Square Foot
Listed for $1,449,000 two months ago, the asking price for the three-bedroom Nob Hill condo #106 at 850 Powell Street (a.k.a. The Francesca) has recently been reduced to $1,349,000. With…
Mortgage Rates Tick Up To Near Two-Year High
As we wrote two weeks ago: Absent any big negative economic news, the Fed’s talk of tapering its bond purchase program will likely cause mortgage rates to tick back up…
Former Giants Party Pad Facing Strike Three
The one-time Marina party pad of former San Francisco Giants’ pitchers Brian Wilson and Barry Zito, 3157 Baker Street was on the market in 2008 for $5,000,000 before being relisted…
San Francisco Unemployment Drops But Employment Drops As Well
The unemployment rate in San Francisco ticked down to 5.3 percent in October, the second lowest level since the 5.2 percent rate in June of 2008 when 434,000 people out…