Massive ‘Sorry to Bother You’ Mansion Trades at a Loss
As we outlined in March of last year: Designed by John Hudson Thomas and built for John Hopkins Spring, a real estate developer, in 1914, the 12,000-square-foot Spring Mansion which…
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Number of Homes for Sale in S.F. Hits a Two-Decade High
Following a trend which shouldn’t have caught any plugged-in readers by surprise, as its basis was in place prior to the pandemic having hit, the number of homes on the…
Rents Continue to Tumble in San Francisco
Despite offers of up to three months free rent, cash incentives to sign a new lease and advertised rents having already dropped over 20 percent on a year-over-year basis, the…
Office Vacancy Rate in the East Bay Ticks Over 14 Percent
As in San Francisco, the vacancy rate for East Bay office space has just ticked back over 14 percent, which includes 3.6 million square feet of un-leased space along with…
Bay Area Employment Rebound Sputters
Having dropped by over 90,000 from March through May, yielding an unemployment rate of 12.7 percent, the number of people living in San Francisco with a paycheck rebounded by 33,000…
Sub-Million Dollar Listing Levels Tick Up Again in San Francisco
With the number of homes on the market in San Francisco nearing a two-decade high, and the percentage of homes on the market listed for under a million dollars having…
Benchmark Mortgage Rate Drops to a New All-Time Low
Having moderated around 2.9 percent since early September, the average rate for a benchmark 30-year mortgage inched down 6 basis points over the past week to a new all-time low…
Nearly 12 Million Square Feet of Vacant Office Space in S.F.
In addition to 5.6 million square feet of directly vacant, un-leased office space spread across the city, which is up from around 3.7 million square feet of un-leased space at…
Reduced Rents and Pricing for a Prized View Condo
Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at…
Another Wave of Vacancies Poised to Roil the Market in S.F.
While the vacancy rate for larger, multi-unit apartment buildings in San Francisco had only ticked up from around 5 percent in the second quarter of last year to around 6…