San Francisco Rents Tick Up, Listing Activity Too
While the rebound in San Francisco apartment rents has slowed, the weighted average asking rent for an apartment in the city has ticked up around 1.5 percent ($50) over the…
Purchase Mortgage Activity in the U.S. Drops
Mortgage loan application volume in the U.S. dropped 4 percent over the past week, or 3.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association. While the…
Plans to Redevelop Landmarked Theater Back in Play
Plans for redeveloping the former El Rey Theater at 1970 Ocean Avenue, which was purchased out of foreclosure for $1.06 million in 2015 and subsequently designated an official San Francisco…
Number of Homes for Sale in S.F. Ticks Down, Poised to Jump
Having ticked down 1 percent over the past week with typical seasonality in play, the net number of homes for sale across the city (880) is still running around 40…
Redevelopment of Historic Central SoMa Site Closer to Reality
While Planning had balked at the original plans for the redevelopment of the historic Central SoMa Tres (now Merhado) building at 130 Townsend Street and the parking lot at 100…
Apples-to-Apples Versus Index for a Coveted One-Bedroom
Purchased for $1.025 million in June of 2015, the “coveted corner one-bedroom” unit #807 in the One Rincon Hill tower at 425 1st Street returned to the market priced at…
Historic Neighborhood Substation at Risk of a Collapse
Funds that were earmarked for the redevelopment of the long abandoned Market Street Railway substation on the southwest corner of Fillmore and Turk were diverted to a (failed) bailout of…
COVID Hospitalizations in S.F. Surpass First Wave High [UPDATED]
While the Covid-19 case rate in San Francisco has dropped from a rolling average of over 270 new cases per day on August 2 to an average of 230 new…
Haight Street Development Redesigned, Slated for Approval
In the works since 2016, as we first reported at the time, refined plans for redeveloping the former Lee’s Meat and Popular Market site at 478-482 Haight Street could be…
Mortgage Rates Inch Up from Record Lows
The average rate for a benchmark 30-year mortgage inched up 10 basis points (0.10 percentage points) over the past week to 2.87 percent, which is still 9 basis points lower…