Benchmark Mortgage Rate Inches Down to 6.79 Percent
With the expected value of the Fed’s rate cuts holding at a total of three (3) quarter-point rate cuts in 2024, as we first calculated a few weeks ago and…
Apples To Apples
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Motivated Sellers Drop Price for Light Filled Dogpatch Loft, Again
Purchased for $879,500 in September of 2020 or roughly $770 per square foot, the “light filled” and “sophisticated New York style loft” unit #1 at 1578 Indiana Street, in San…
Bay Buildings
Commercial
Design & Architecture
Listings (for sale)
RealRecentReductions
Remodeling and Renovation
Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory
Built to house a furniture factory in 1922, the historic 15,000-square-foot brick and timber building at 310 7th Street was purchased by designer Ken Fulk for $3.05 million in 2007…
Breaking News
Bubble (Or Not)
East Bay
Industry Stuff
Marin (And Points North)
Real Estate Economics
San Jose (And South)
Trends
Index for Bay Area Home Values Slips, Condos Drop (Again)
Having inched down a downwardly revised 0.9 percent in December, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes…
Lux View Home Resells for Over a Million Less
Purchased for $5.15 million in mid-2021, establishing a market comp at a little over $1,410 per square foot, the four-bedroom view home at 60 Clarendon Avenue, which steps down the…
Breaking News
East Bay
Industry Stuff
Marin (And Points North)
Real Estate Economics
San Jose (And South)
Trends
Bay Area Employment Drops Year-Over-Year, Nearing 2015 Levels
While the net number of San Francisco residents with a job was unchanged from January to February, there were over 16,000 fewer employed residents than at the same time last…
Median New Home Sale Price Drops, Down Nearly 20% from Peak
The seasonally adjusted pace of new single-family home sales in the U.S. slipped less than a percent from January to February and the pace was still 5.9 percent higher than…
Inventory Levels Keep Ticking Up in San Francisco
Having hit a 13-year seasonal high last week, the number of single-family homes and condos on the market in San Francisco (i.e., inventory) has since ticked up another 3 percent,…
Modernized Pac Heights Pad Still Available for Millions Less
As we outlined last month, the four-level, five-bedroom Pacific Heights home at 2741 Vallejo Street, “an exclusive and quiet street surrounded by lovely homes and a short distance to the…
Apples To Apples
Industry Stuff
Neighborhoods
Real Estate Economics
RealRecentReductions
Remodeling and Renovation
Trends
Prime Cow Hollow Home Trades Up! But…
Purchased for $4.2 million in May of 2014, plans to expand and renovate the move-in ready, four-bedroom home at 2850 Filbert Street, “on a picturesque block in coveted Cow Hollow,”…