Mortgage Loan Application Volumes Tick Down
Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 2.8 percent on a seasonally adjusted basis over the past week and were down…
Nearly $6,000 per Square Foot in Pac Heights, Six Years Ago
Despite another misreport that’s now making the rounds, while the recent sale of the full-floor unit #6 in the iconic Alta Plaza Apartments building at 2500 Steiner Street was a…
First Too Big, Now Too Small
Plans to expand the 2,300-square-foot, detached Nob Hill home which sits on the front of a 3,571-square-foot lot at 1151 Washington Street, adjacent to the Betty Ong Recreation Center’s playground,…
Purchase Activity for New Homes in the U.S. Down 15.2 Percent
While mortgage application activity for new home purchases in the U.S. ticked up 6 percent in October, application volumes were down 15.2 percent on a year-over-year basis according to the…
Bonus Plans for Building Up on Clement Closer to Reality
As we outlined early last year, plans to raze the shuttered China Dance School & Theater building on the southeast corner of Clement and 32nd Avenue are in the works.…
Number of Homes on the Market in S.F. Down 44 Percent, But…
Having peaked last month, the net number of homes on the market in San Francisco has since dropped 19 percent to 1,020 and listed inventory levels are now 44 percent…
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Counterintuitive Landmarking Slated to Proceed
San Francisco’s Historic Preservation Commission is slated to initiate a formal landmarking of the historic brick building on the southeast corner of Kansas and 15th Streets next week, a designation…
Condo Alternative Cottage Slips Further Below Its 2016 Price
As we outlined at the end of last year, the light-filled, one-bedroom cottage at 4353 17th Street, which sits above the Castro in Corona Heights and was purchased for $675,000…
Benchmark Mortgage Rate Inches Back Under 3 Percent
Having dropped 16 basis points (0.16 percentage points) over the past two weeks, the average rate for a benchmark 30-year mortgage has inched back down to 2.98 percent, which is…
A Projected Surplus in San Francisco Housing Production
San Francisco’s Planning Department has completed its first annual “Jobs-Housing Fit” report, a newly required analysis of “the fit between the housing needed by workers of new jobs located in…