Asking Rents Tick Up in Oakland, But…
As projected, the weighted average asking rent for an apartment in Oakland has ticked up around 2 percent over the past two months to around $2,340 a month, representing a…
Option to Extend Contested Navigation Center Will Be Exercised
Having reduced the number of unsheltered individuals in the Outreach Zone around the hotly contested Embarcadeo Navigation Center site, adjacent to the Watermark and across from Piers 30-32 on a…
Big(ish) Plans for Prime Hillside Site Closer to Reality
As we originally outlined last year, while plans for a 24-unit development to rise up to 40 feet in height along Diamond Street, on the hillside overlooking Noe Valley, between…
Listings Down in San Francisco, Sales Too
With new listing activity in San Francisco having dropped over 30 percent on a year-over-year basis over the past six weeks, the net number of homes for sale across the…
COVID Test Positive Rate Hits a 15-Month High in S.F. [UPDATED]
The COVID-19 test positivity rate in San Francisco just hit 5.8 percent, which is significantly higher than the 3.7 percent positive rate at the peak of the first wave, in…
Mortgage Rates Keep Inching Down, Another Record Low
The average rate for a benchmark 30-year mortgage inched down 3 basis points (0.03 percentage points) over the past week to 2.77 percent, which is 11 basis points below its…
New Plans for Big Polk Gulch Infill Project
The Planning Department’s preliminary review of the draft plans for a 16-story building, with 198 units of senior housing, to rise on the northeast corner of Larkin and Bush has…
Purchase Mortgage Activity in the U.S. Down 18 Percent YOY
Mortgage loan application volume in the U.S. slipped 2 percent over the past week according to the Mortgage Bankers Association, and that’s despite the benchmark 30-year mortgage rate having dropped…
Landmark Bank and Former MOIC Building on the Market
Designed by Bliss and Faville and built on the northwest corner of Grant and O’Farrell in 1910, the historic Savings Union Bank building at 1 Grant Avenue, a.k.a. the Security…
Proposed Potrero Hill Lab Development Closer to Reality
Plans to disassemble, remove and otherwise demolish the California Mini Storage shipping container site at 1111 Pennsylvania Avenue are in the works. And as designed and newly refined by Workshop1,…