Another Over Asking Sale, so There!
Listed for $1.398 million last month, the two-bedroom, two-bath, 1,325-square foot unit #602 at 1450 Franklin Street, which comes with a parking space in the building’s garage and access to…
Inventory Ticks Up in S.F., Pending Sales and Prices Down
The net number of condos and single-family homes listed for sale in San Francisco, which is set to climb, ticked up another 7 percent over the past week despite a…
Sunnyside Single-Family Effectively Fetches Its 2020 Price
Purchased for $780,000 in 2013, the then 1,155-square-foot, two-bedroom Sunnyside home at 663 Joost Avenue was subsequently redesigned, expanded, remodeled and resold as a fully upgraded 1,725-square-foot, four-bedroom home, with…
Benchmark Mortgage Rate Keeps Ticking Up
The average rate for a benchmark 30-year mortgage ticked up another 20 basis points (0.20 percentage points) over the past week to 6.32 percent, which is 240 basis points higher…
Purchase Mortgage Activity Continues to Drop, Down 40% YOY
With the average rate for a 30-year mortgage having ticked back over 6 percent and poised to rise, the seasonally adjusted volume of applications to secure a purchase mortgage loan…
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Condo Conversion of the Warfield Theater Building, Take Two
Once again, don’t panic, The Warfield Theater itself isn’t being converted into condos a la the Lighthouse development across from Dolores Park. But plans to convert 25,000 square feet of…
Mortgage Rates Inch Up, Odds of Rate Hikes As Well
Having briefly slipped under 6 percent, the average rate for a benchmark 30-year mortgage inched back up to 6.12 percent over the past week as the fed confirmed expectations for…
High-End Pied-à-Terre Relisted at a Loss
Purchased for $925,000 in March of 2018, unit #2E at 288 Pacific Avenue, “the perfect SF pied-a-terre” and “urban home in a beautiful full-service building…directly across the street from the…
Pending Home Sales in S.F. “Jump” From a 6-Year Low
Having dropped to a six-year low in the absolute last month, the net number of homes in contract to be sold across San Francisco has since “jumped nearly 50 percent,”…
Average Asking Rent in S.F. Ticks Up, Inflation Slows
Having slipped at the end of last year with typical seasonality in play, the weighted average asking rent for an apartment in San Francisco ticked up 2 percent in January…