Mortgage Loan Application Volumes in the U.S. Drop
Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 3.3 percent on a seasonally adjusted basis over the past week and were down…
New 520-Foot-Tall Tower About to Rise
While the ground for Build Inc’s 420-foot-tall tower across the street has yet to be broken, despite being approved/entitled back in 2017, the development of Lendlease’s 520-foot-tall tower to rise…
Muted Appreciation for an Eye-Popping Apartment in the Sky
Purchased for $11.1 million, or roughly $3,350 per square foot, in April of 2016, the cooperative apartment #1601 at 1750 Taylor Street (a.k.a. The Royal Towers in Russian Hill) returned…
Number of Homes for Sale in S.F. Ticks Down, PPSF as Well
As projected, the number of homes on the market in San Francisco ticked down another percent over the past week to 1,210, having peaked exactly two weeks ago. As such,…
Amendment for Approved Haight Street Project Suddenly Sought
As we outlined in August, the proposed 18-unit building to rise up to 57 feet in height upon the former Lee’s Meat and Popular Market site at 478-482 Haight Street…
Modified Plans for Previously Approved Tower Revealed
While Build Inc.’s plans for a 40-story, 319-unit tower to rise up to 420 feet in height at the intersection of Market, Oak and Van Ness Avenue were approved by…
Upscale Nob Hill Infill Project Closer to Reality
As we revealed back in 2018, plans to raze the two-story parking garage at 1320 Washington Street, between Leavenworth and Jones, were in the works and plans for a six-story,…
Pending Home Sales in the U.S. Dip
Having recovered 8.1 percent in August, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dipped 2.3…
Benchmark Mortgage Rate Inches Up, Nearing a 16-Month High
The average rate for a benchmark 30-year mortgage has inched up another 9 basis points over the past two weeks to 3.14 percent, which is the highest rate in six…
A Pac Heights Bastion Appears to Have Been Breached
While not as exclusive as 2006 Washington, the penthouse of which is now on the market with a $45 million price tag, the twelve-story “Alta Plaza Apartments” building at 2500…