$450K “Over Asking” in Bernal (But Below Its 2017 Price)
Finished in 2017, the “Magnificently Modern” Bernal Heights home at 175 Brewster Street was purchased for $2.2 million that November and returned to the market priced at $2.395 million four…
Index for Bay Area House Values Inches Up, Condo Index Down
Having ticked up an upwardly revised 1.0 percent in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
California Ends All Regional Stay Home Orders and Framework
While the current ICU availabilities for the Bay Area (8.2 percent), Greater Sacramento (9.9 percent), San Joaquin Valley (0.0 percent) and Southern California (0.0 percent) regions are all under 15…
Single-Family Home Inventory in San Francisco Jumps
With the number of homes on the market in San Francisco having started to tick up following a typical seasonal slowdown and culling of unsold listings at the end of…
Pace of Home Sales in the U.S. Inches Up, Mix Drives Median Up
Having slipped 2.5 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. inched up 0.7 percent in December to an annual rate of 6.76 million sales,…
Bay Area Employment Drops, Labor Force Down 123K
As we outlined last month, while the unemployment rate in San Francisco dropped in November, the number of people living in San Francisco with a paycheck (i.e., employment) was actually…
161-Unit Berkeley Infill Development on the Boards
As proposed, seven Berkeley parcels fronting Blake Street and Dwight Way, between Shattuck Ave and Milvia Street, will be merged and two new residential buildings would rise up to 82…
COVID-19 Case Rate and Hospitalizations in San Francisco Drop
On the positive news front, the average number of new COVID-19 cases diagnosed in San Francisco, which had climbed to a pandemic high of 371 per day two weeks ago,…
Asking Rents in San Francisco HODL, But…
Having dropped nearly 24 percent last year, the weighted average asking rent for an apartment in San Francisco has effectively held at around $3,100 a month over the past few…
Plans for an SRO Tower Addition Scrapped, Site Up for Grabs
Plans for a 9-story, stepped-back “tower” addition to rise up to 100 feet in height atop the two-story Jiffy Lube building on Van Ness, between Jackson and Pacific, were informally…