Mortgage Loan Activity Slips for Fourth Time in Five Weeks
Having ticked up last week, which ended a four-week slide, mortgage loan application volumes in the U.S. have since slipped 2 percent, according to the Mortgage Bankers Association. At a…
No Red Flags for Amazon’s Big Project as Proposed, but…
Planning’s preliminary review of Amazon’s plans to build a 58-foot-tall distribution and delivery station upon the Prime Showplace Square parcel at 900 7th Street, a nearly 6-acre parcel which is…
Index for Bay Area House Values Ticks Up, Condo Index Too
Having inched up an upwardly revised 0.6 percent in January, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Pace of Home Sales Slows in S.F. But Still Elevated
With around 800 homes in contract across San Francisco, sales activity is not only up over 200 percent on a year-over-year basis, but around 60 percent higher than at the…
Office Vacancy Rate in the East Bay Nearing 17 Percent
With the office vacancy rate in San Francisco nearing 19 percent, with nearly 16 million square feet of vacant space, the vacancy rate for office space in the East Bay,…
Asking Rents in San Francisco Continue to Slip, But…
Despite some misreports in the media, apartment rents in San Francisco haven’t started to rebound, as we outlined last month. And in fact, the weighted average asking rent for an…
Pace of Home Sales in the U.S. Drops to a 6-Month Low
Having dropped 6.6 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 3.7 percent in March to an annual rate of 6.01 million sales,…
Twitter Co-Founder’s Former Noe Home Fetches $4.5 Million
As we outlined earlier this year: Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched down another 7 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 2.97 percent, which is 36 basis points below…
Iconic Jazz Mural Building on the Market
Prominently positioned on the northwest corner of Broadway and Columbus and adorned with the iconic Jazz Mural that Bill Weber first painted in 1987, and has since restored, the four-story…