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Latest Posts

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 Index Versus Reality for Another “Over Asking!” Sale
Apples To Apples Bay Buildings Neighborhoods Real Estate Economics Trends

Epitome of Luxury Living Trades (Further) Down

January 31, 2024

The 1,325-square-foot, two-bedroom unit #1002 at 1450 Franklin Street, a “luxury high rise building…in the heart of San Francisco’s quintessential neighborhoods,” has just sold for $1,500,000 or roughly $1,130 per…

Real Estate Economics Trends

Purchase Mortgage Activity Down Over 50 Percent from 2022

January 31, 2024

Despite the average 30-year mortgage rate having dropped a full percentage point over the past quarter and now “stabilizing” above 6 percent, purchase mortgage application volume in the U.S. remains…

Apples To Apples Industry Stuff Real Estate Economics Trends

Forest Hill Oasis Trades Down Nearly 10 Percent

January 30, 2024

As we outlined last month, the “striking and sophisticated” four-bedroom Forest Hill home at 369 Pacheco Street, “the perfect oasis in the middle of the city,” returned to the market…

Breaking News Bubble (Or Not) East Bay Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Bay Area Home Values Tick Down, Top Tier Drops the Most

January 30, 2024

Having slipped (a revised) 0.6 percent in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East…

Design & Architecture Industry Stuff Neighborhoods Remodeling and Renovation

A Premier Pac Heights Transformation and Price

January 29, 2024

The 2,300-square-foot, full-floor unit #8 at 1960 Vallejo Street, a “rarely available high-floor unit in one of San Francisco’s premier Pacific Heights coop buildings stunning views of the Golden Gate…

Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in San Francisco Hold, Down YOY

January 26, 2024

The weighted average asking rent for an apartment in San Francisco was effectively unchanged in January, holding at around $3,450 a month. On a year-over-year basis, however, the average asking…

Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate “Stabilizing” Above 6 Percent

January 26, 2024

With the probability of a rate cut this quarter having dropped, the average rate for a benchmark 30-year mortgage has inched back up to 6.69 percent. At the same time,…

Bay Buildings Industry Stuff Neighborhoods

Iconic Phoenix Hotel in Play, Positioned for Redevelopment

January 25, 2024

With the long-term lease for the iconic Phoenix Hotel slated to expire in September of next year, the 44-room hotel at 601 Eddy Street, “a favorite of the rock and…

Breaking News Industry Stuff Real Estate Economics Trends

Average New Home Price Drops, Sales Tick Up, Inventory Too

January 25, 2024

Having dropped 9 percent in November, the seasonally adjusted pace of new single-family home sales in the U.S. ticked back up 8 percent in December and ended the year 4.4…

Apples To Apples Design & Architecture Neighborhoods Remodeling and Renovation Trends

Masterfully Renovated Noe Valley Home Trades Down

January 24, 2024

Acquired in an off-market transaction for $6.3 million in the first quarter of 2020, the newly redeveloped Noe Valley view home at 271 Fair Oaks Street, resold for $6.625 million…

Posts pagination

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Recent Reader Activity
  1. Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less

    152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…

  2. Brahma (incensed renter) on “Full(er) House” Home Back on the Market

    Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…

  3. Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops

    Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…

  4. Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced

    Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…

  5. Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank

    Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…

  6. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…

  7. steve on Prominent Nob Hill Corner Closer to Proposed Reality

    I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…

  8. Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops

    It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…

  9. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…

  10. Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops

    Probably won't meaningfully decrease the amount of office space on the market. Google is pulling out of it's lease at…

You missed

Breaking News Industry Stuff Real Estate Economics Trends

Pace of Home Sales in San Francisco Drops

July 15, 2024
Breaking News Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in San Francisco Are Ticking Up, But…

July 12, 2024
Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Poised to Inch Down

July 11, 2024
Breaking News East Bay Industry Stuff Real Estate Economics Rentals Trends

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

July 10, 2024

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