Hillside Above Laguna Honda Reservoir Back in Play
Plans for an 80-unit townhome development to rise on odd-shaped, 1.72-acre parcel on the hillside above the Laguna Honda Reservoir, between Clarendon Avenue and Warren Drive, were approved back in…
Rents Continue To Drop in S.F., Studios Hit an 11-Year Low
As we outlined last month, while the weighted average asking rent for an apartment in San Francisco was holding at around $3,100 a month, listing activity was actually inching up.…
Déjà Vu in the Heart of Bayview
The now four-bedroom Bayview home at 1683 Newcomb Avenue, which was taken down to the studs, updated and expanded to yield 2,908 square feet of finished space back in 2017,…
Refined Plans for Auto Row Infill Project Approved
The refined plans for a modern 12-story building to rise up 191 feet in height between 24th and 26th Street on Oakland’s Auto Row, adjacent to the Oakland M&N building…
Eviction Moratorium Extended, Assistance Program Funded
The emergency bill to extend eviction protections for residential tenants affected by COVID-19 throughout California, which were slated to expire on January 31, 2021, has been inked by Governor Newsom.…
Asking Rents in Oakland HODL as Well, But…
As we first outlined last week, while the weighted average asking rent for an apartment in San Francisco has been holding at around $3,100 a month, listing activity (i.e., availability)…
Pending Home Sales in the U.S. Hit an All-Time High and Slip
While the pace of completed home sales across the U.S. inched up in December to a 14-year high, pending home sales activity slipped 0.3 percent, representing the fourth consecutive month-over-month…
Change of Plans for Historic Delucchi Building in North Beach
While plans to convert 4,000 square feet of the 10,000-square-foot Delucchi Sheet Metal Works building at 1526 Powell Street were drawn and approved back in 2016, the conversion of the…
Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops
Having ticked up to 2.79 percent from an all-time low of 2.65 percent three weeks ago, the average rate for a benchmark 30-year mortgage has since inched back down to…
Having Dropped, Pace of New Home Sales in the U.S. Inches Up
The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in July/August, has since dropped 14 percent to an annualized rate of 842,000…