SocketSite™

Apples To Apples Bay Buildings Design & Architecture Listings (for sale) Neighborhoods Real Estate Economics Trends

New Pricing for Luxury Condo Already Listed at a Loss

February 13, 2024

Purchased for $2,486,500 in December of 2018, the 1,400-square-foot unit #6C at 288 Pacific Avenue, a luxurious “modern oasis…ideally situated on the 6th floor of an architectural masterpiece,” with 24/7…

City Planning Industry Stuff Neighborhoods Real Estate Economics Trends

Another Supersized Development Has Been Abandoned

February 12, 2024

Having faced some pushback from Planning, related to the approved plans for up-zoning and infilling San Francisco’s Central SoMa District, the Fifth and Folsom Investors, LLC subsequently received a notice…

Industry Stuff Real Estate Economics Trends

Mortgage Availability Inches Up From an 11-Year Low

February 12, 2024

Having dropped back down to its lowest level in over a decade at the end of last year, mortgage credit availability inched up 0.7 percent last month, with a 1.9…

Breaking News Industry Stuff Neighborhoods Real Estate Economics Trends

Tenant Buyouts Drop in San Francisco

February 9, 2024

Landlords in San Francisco inked 260 legally recorded tenant buyout agreements last year, as mapped above, a 33 percent drop from the 389 inked in 2022 and 391 inked in…

Bay Buildings Breaking News Industry Stuff Neighborhoods Real Estate Economics Trends

Plans for Pac Heights Redevelopment Entitled! But…

February 9, 2024

As we outlined at the end of last year, plans for converting the landmarked Health Sciences Library building on the southeast corner of Sacramento and Webster into a 24-unit luxury…

Industry Stuff Real Estate Economics Trends

Expected Value of Rate Cuts Tumbles, Mid-Six Rates Normalized

February 8, 2024

In a move that shouldn’t catch any plugged-in readers by surprise, the probability of a rate cut this quarter, based on movements in the futures market, has dropped to under…

Apples To Apples Bay Buildings Real Estate Economics Rentals Trends

Nearly 30 Percent Cheaper for a One-Bedroom With Views

February 7, 2024

Purchased for $1.65 million in November of 2017, the high-floor unit #35D in the Lumina tower at 201 Folsom Street, a “stunning 1-bed, 1-bath + den gem with amazing views…

Bay Buildings Breaking News Industry Stuff Neighborhoods

Infamous Sea Cliff Mansion Finally Trades

February 6, 2024

On the market for $19.675 million back 2016, returned to the market listed for $17.5 million in 2020, having been “cleaned up” and positioned as a “beautiful blank canvas ready…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Number of Homes for Sale in S.F. Ticks Up, Asking Prices Down

February 5, 2024

The net number of condos and single-family homes listed for sale in San Francisco ticked up 4 percent over the past week. While 6 percent lower than at the same…

Apples To Apples Design & Architecture Fixtures & Furnishings Neighborhoods Trends

Modernized Pac Heights Home Drops Below Its 2016 Price

February 2, 2024

Purchased for $9.500 million in March of 2020, the four-level, five-bedroom Pacific Heights home at 2741 Vallejo Street, “an exclusive and quiet street surrounded by lovely homes and a short…

Brahma (incensed renter) on Dolores Park Light House Condo Listed for a Million Less
I completely agree, and if you're looking for a natural test of whether or not the extremely heated market dynamics…
Brahma (incensed renter) on 141 Below Market Rate Modular Studios Even Closer to Reality
We now have two more recent data points. Tahanan Supportive Housing (at 833 Bryant St.) completed in winter 2021, was…
Brahma (incensed renter) on Beaux Arts Beauty Suddenly Back on the Market
Maybe the seller knew what they had, didn't want to take a more than $1 million haircut and was willing…
Brahma (incensed renter) on Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less
The one-bedroom, one bathroom 719 Larkin &num;705 sold for $690,000 in November of 2019, conforming to building and neighborhood comps…
Aaron Goodman on Parkmerced: From The Plans To Develop, To The Plans To Preserve
Gabriel Metcalf should apologize, 6 national organizations signed a memo against the destruction of Parkmerced, and to date they have…
Notcom on Academy of Art’s $58 Million Settlement Plan Slated for Approval
And don't forget the simultaneous implosion of the The California College of the Arts (CCA)...guess that move to SF wasn't…
The Milkshake of Despair on Academy of Art’s $58 Million Settlement Plan Slated for Approval
The Academy of Art is a reminder of what the city has lost with the San Francisco Art Institute. The…
Brahma (incensed renter) on Academy of Art’s $58 Million Settlement Plan Slated for Approval
Here we are, more than six years later, and in a story datelined May 11, 2026 (Academy of Art sells…
Notcom on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)
Noted. But of course I'm more interested in (what passes for) journalism over at the 'Standard'": consider this remarkable -…
Brahma (incensed renter) on Coveted LEED Condo Listed Below its 2015 Price
Wound up closing at asking 39 days after the above post. Then something happened which appeared on the MLS like…

Latest Posts

New Pricing for Luxury Condo Already Listed at a Loss

Another Supersized Development Has Been Abandoned

Mortgage Availability Inches Up From an 11-Year Low

Tenant Buyouts Drop in San Francisco

Plans for Pac Heights Redevelopment Entitled! But…

Expected Value of Rate Cuts Tumbles, Mid-Six Rates Normalized

Nearly 30 Percent Cheaper for a One-Bedroom With Views

Infamous Sea Cliff Mansion Finally Trades

Number of Homes for Sale in S.F. Ticks Up, Asking Prices Down

Modernized Pac Heights Home Drops Below Its 2016 Price

You missed

Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year