CFAH

Articles Filed Under: Trends

(3,217 posts)
Drawing a Line at Linea

Drawing a Line at Linea

Featuring “an ideal floor plan with bedrooms on opposite sides of the living space, tons of closet space, a contemporary kitchen with high-end European-style cabinetry, stainless steel appliances with a coveted gas stove and sumptuous quartz counter-tops,” along with “glorious south facing light” and a parking space in the... Read More »

Home Buying Activity Drops to a 28-Year Low

While home buying activity typically starts ticking up in February, the volume of applications to secure a purchase mortgage loan for a home in the U.S. dropped 18 percent on a seasonally adjusted basis last week and was 41 percent lower than at the same time last year, according... Read More »

Another Over Asking Sale, so There!

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 the building’s roof deck, just sold for $1.5 million, which was “7 percent over asking” and perhaps with “multiple... Read More »

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 year-over-year drop in new listing activity, driven by a pronounced decline in sales activity. In fact, the net number... Read More »

Sunnyside Single-Family Effectively Fetches Its 2020 Price

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 a landscaped rear yard, deck and garage, for $1.7 million in September of 2020. Having returned to the market... Read More »

Benchmark Mortgage Rate Keeps Ticking Up

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 than at the same time last year and 367 basis points, or nearly 140 percent, higher than its all-time... Read More »

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 for a home in the U.S. ticked down another 5 percent over the past week and was down 40... Read More »

Condo Conversion of the Warfield Theater Building, Take Two

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 the Gustav Albert Lansburgh designed Warfield Theater Building’s commercial space at 988 Market, across the top five floors of... Read More »

Number of Homes for Sale in San Francisco Set to Climb

Number of Homes for Sale in San Francisco Set to Climb

The net number of condos and single-family homes listed for sale in San Francisco (830) inched down 2 percent over the past week, which is typical for the week preceding Super Bowl Sunday, but remains 7 percent higher than at the same time last year, 30 percent higher than... Read More »

Buena Vista View Mansion Drops a(nother) Million

Buena Vista View Mansion Drops a(nother) Million

Purchased for $6.6 million in 2013, the 7,138-square-foot home at 15 Buena Vista Terrace, which was built on a double lot, with panoramic views and luxury finishes throughout, including a proper home theater and a 500-square-foot “party room” that opens to a 567-square-foot roof deck, returned to the market... Read More »