Mortgage Loan Application Volumes Slip, Down Year-Over-Year
Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked up 1.8 percent on a seasonally adjusted basis over the past week but slipped 0.1…
Re-Opening of San Francisco’s Economy, November Report
While local bridge traffic is back to around 90 percent of its pre-Covid volume, BART ridership is still down by nearly 80 percent and weekly office attendance within the San…
Big Plans for Piers 30-32 Have Raised Some Serious Concerns
Having secured an Exclusive Negotiating Agreement (ENA) for the redevelopment of Piers 30-32 and Seawall Lot 330 across the Embarcadero, the Strada Investment Group and Trammell Crow team (a.k.a. Strada…
Pace of Existing Home Sales in the U.S Inches Up, But…
Having ascended 7.0 percent in September, the seasonally adjusted pace of existing-home sales across the U.S. inched up 0.8 percent in October to an annual rate of 6.34 million sales.…
Number of Homes on the Market in S.F. Continues to Drop
The net number of homes on the market in San Francisco dropped another 9 percent over the past week to 930, as was to be expected, and listed inventory levels…
459,000 Bay Area Jobs Have Been Recovered, 192,000 Left to Go
Having increased by an upwardly revised 6,600 in September, the net number of people living in San Francisco with a paycheck increased by 4,200 in October to 540,200, dropping the…
Plans for Another Bigger Infill Tower Progress
As we revealed earlier this year, plans for a 35-story tower to rise on the 90-space parking lot parcel at 395 3rd Street, on the northeast corner of 3rd and…
Benchmark Mortgage Rate Ticks Back Over 3 Percent
Having slipped back under 3 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up 12 basis points (0.12 percentage points) to 3.10 percent, which…
Tower May Conflict with Skyline Policy, Alternatives Sought
Engineered by Planning and adopted back in 2012, San Francisco’s Transit Center District Plan (TCDP) was designed to limit the number of tall buildings that would rise above the city’s…
Right to Negotiate for Half of Coliseum Site Has Been Awarded
Oakland’s City Council has granted the Oakland-based African American Sports And Entertainment Group (AASEG) the right to enter into an Exclusive Negotiating Agreement (ENA) for the City’s undivided share of…