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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 Another Motivated Seller and Near Million Dollar Drop

    San Francisco clearly isn't doing enough to be a warm, welcoming and inclusive city for elite tech founders with lots…

  2. Brahma (incensed renter) on Conversion of Historic Cow Hollow Garage Closer to Reality

    Sold at the Sep 2025 asking price. 23 days after the immediately preceding comment, 1776 Green St Unit 201 closed…

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

    According to our local RE boffins, the AI startup boom is in full swing. From Queenie Wong's 8 Apr 2026…

  4. The Milkshake of Despair on Bay Area Employment and Labor Force Drop to Mid-2015 Levels

    The biggest impact will be on the San Mateo County housing market of course.

  5. Brahma (incensed renter) on Bay Area Employment and Labor Force Drop to Mid-2015 Levels

    In case the news isn't dominating your feeds like it is mine, some of the same billionaires who are selling…

  6. Brahma (incensed renter) on Hot Piedmont Home Reduced, Re-Listed, Reduced Again

    Happy Farmworkers Day everybody! Californio turned out to only be off by about 8.8 percent. The seller knew what they…

  7. Brahma (incensed renter) on Contemporary SoMa Condo Re-Listed for Nearly 40 Percent Less

    Nice qualifier, I guess that prevents anyone from pointing out that the ultimate contract price guess was way wrong. The…

  8. Notcom on New Tower Tops Out, on Track for Delivery This Year

    Oh...my: You may want to pick a more reliable wingman, since the next few words in that link were but…

  9. Ohlone Californio on New Tower Tops Out, on Track for Delivery This Year

    Bull puckey https://finance.yahoo.com/news/only-6-billionaires-left-california-073000585.html

  10. Notcom on New Tower Tops Out, on Track for Delivery This Year

    Thoughts and prayers, sir, thoughts and prayers.... Except he doesn't actually build housing, does he? he just buys up exiting…

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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