Price for Mount Olympus Site and Plans Slashed
As we outlined last year: The assembled site and plans for a proposed 10-unit development to rise on the northwest corner of 17th and Roosevelt, below the summit of San…
Number of Homes on the Market in S.F. Inches Up, Down YOY
Having slipped the week prior, the net number of single-family homes and condos on the market in San Francisco inched back up 2 percent over the past week but is…
Rents in San Francisco Holding Below Pre-Pandemic Rates
The weighted average asking rent for an apartment in San Francisco has effectively held at around $3,600 over the past quarter, which is less than 3 percent higher than at…
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Hillside Above Laguna Honda Reservoir Reduced 60 Percent
As we outlined a couple years ago, plans for an 80-unit townhome development to rise on odd-shaped, 1.72-acre parcel on the hillside above the Laguna Honda Reservoir, between Clarendon Avenue…
Benchmark Mortgage Rate Jumps to a Six-Month High
The average rate for a benchmark 30-year mortgage has jumped 40 basis points (0.40 percentage point) over the past two weeks to 6.79 percent, which is 170 basis points and…
Buena Vista Mansion Quietly Fetches $7.5 Million
As we outlined earlier this year, 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…
Homebuying Activity Down Over 30 Percent, Keeps Dropping
The number of applications to secure a purchase mortgage loan for an existing home in the U.S. dropped another 4 percent over the past week in the absolute, and 3…
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Index for Bay Area Home Values Ticks Up, Drops Year-Over-Year
Having ticked up a percent in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay…
Bay Area Employment Slips Despite Drop in Unemployment
While the unemployment rate in San Francisco slipped back under 3 percent last month, the number of employed residents with a job actually dropped by 5,100 to 559,300, with an…
Apples To Apples
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Ruh Roh on Rausch?
Purchased for $880,000 in May of 2019, establishing a new “comp” for other neighborhood sales and valuations at $1,410 per square foot, the 624-square-foot, one-bedroom unit #502 at 99 Rausch…