Price Cut for San Francisco Living at Its Finest
The top-floor, one-bedroom condominium unit #4 at 2311 Scott Street, which overlooks Alta Plaza Park in Pacific Heights and offers “San Francisco living at its finest,” was purchased for $950,000…
Prestigious Nob Hill Penthouse Traded at a (Big) Loss
As we outlined last year, the 4,320-square-foot, two-level Nob Hill penthouse unit #1002 atop the Park Lane at 1100 Sacramento Street hit the market priced at $12.495 million in June…
Pace of Home Sales in San Francisco Is Ticking Down
The net number of single-family homes and condos in contract to be sold in San Francisco has been ticking down, not up, over the past month. And having just slipped…
Asking Rents in Oakland Just Ticked Up, Less Than in S.F.
Having slipped back under $2,300 to a three-year low in April, the average asking rent for an apartment in Oakland has just ticked back over $2,300 a month but remains…
Expectation Gap on the Rise in San Francisco
The net number of single-family homes and condos on the market ticked up another (1) percent over the past week as new listing activity continues to outpace sales, with 2…
Average Asking Rent in S.F. Trending Up, Inventory Down
Having ticked up for the first time in eight months last month, the weighted average asking rent for an apartment in San Francisco has since ticked up nearly 4 percent…
Apples+ In Hayes Valley
Measuring 714 square feet, the one-bedroom unit #435 at 555 Fulton Street, which overlooks the building’s tranquil interior courtyard, sold for $745,000 or roughly $1,043 per square foot in March…
Benchmark Mortgage Rate Inches Back Over 7 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had slipped back under 7 percent for the first time since mid-April the expected value of…
Purchase Mortgage Activity Continues to Drop
Despite the average rate for a benchmark 30-year mortgage having ticked down over the past month, purchase mortgage application volume in the U.S. has dropped for the third week in…
Index for Bay Area Home Values Ticks Up, YOY Gain Slips
Having notched a month-over-month gain in February, as we outlined at the time, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San…