Asking Rents in Oakland Slip, Implied Vacancy Inches Up
Having inched up a little under 2 percent at the end of the first quarter, the weighted average asking rent for an apartment in Oakland has since inched down a…
Waylaid Infill Development Closer to Reality
Having been forced to abandoned its plans to open a temporary drug sobering center on the parking lot parcel on the southeast corner of Jones and Turk, the City is…
Pace of Home Sales in S.F. Slows, Pending List Price Down
The net number of single-family homes and condos in contract across San Francisco dropped around 6 percent over the past week, representing the second straight week-over-week decline at a time…
Rarely Available View Condo Drops $275K
As we outlined earlier this year: Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was…
Revised Plans for Approved Club Zone Project
While permits for a five-story, 19-unit residential building to rise up to 55 feet in height upon the Western SoMa site at 33 Norfolk, a merged parcel which abuts the…
A Pair of High-End Resales (Almost) Atop The Pacific
Purchased for $4.95 million in August of 2016 and listed for $5.498 million this past January, the south-facing, 2,172-square-foot Penthouse Two, which isn’t to be confused with the Grand Penthouse…
Another Corner Car Wash’s Days Are Numbered
Shuttered last year, plans to raze the long-standing Car Wash on the southeast corner of Collins and Geary, which has occupied the site for 45-years, are in the works. And…
Pending Home Sales in the U.S. Ticked Up in March, but…
Having dropped over 10 percent in February, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked…
Benchmark Mortgage Rate Hovering at Just Under 3 Percent
Having inched up 1 basis point over the past week to 2.98 percent, the average rate for a benchmark 30-year mortgage is hovering just under 3 percent for the second…
Design District Lab Development on the Boards
Plans to raze the 22-foot-tall World Gym and office building, which fronts De Haro from 15th to 16th Streets, in the design district at the base of Potrero Hill, have…