Redevelopment of Historic Church Closer to Reality
The Pollard Group’s plans to landmark the former Sacred Heart Church turned skating rink at 554 Fillmore Street, in a perhaps counter intuitive move to facilitate its redevelopment into a…
Number of Homes for Sale in San Francisco Continues to Tick Up
While the pace of home sales in San Francisco has started to rebound, new listing activity continues to outpace the number of new purchase contracts being written. As such, the…
Exceptional Support for Ambitious Bus Yard Redevelopment
As we outlined last year: The San Francisco Municipal Transportation Agency’s formal application to move forward with the ambitious redevelopment of the Potrero Yard Muni Bus Maintenance Facility at 2500…
The Target Dates and Plan to Fully Reopen San Francisco
With restrictions on construction projects, residential moves and in-person showings of homes having been eased back at the end of April, at which point some outdoor facilities and businesses were…
Asking Rents in San Francisco and Oakland Are Down
Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since…
Pending Home Sales Down Nearly 34 Percent Nationwide
Having already dropped over 20 percent in March, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity,…
Benchmark Mortgage Rate Drops to a New All-Time Low
Having inched down last week, the average rate for a benchmark 30-year mortgage has since shed another 9 basis points (0.09 percentage points) to 3.15 percent which is 8 basis…
Pace of New Home Sales Holds with a Sales Price Drop
Having dropped (an upwardly revised) 13.7 percent in March, the pace of new single-family home sales in the U.S. was effectively unchanged in April (up 0.6 percent), for a seasonally…
Home Sales in San Francisco Rebounding but Still Down
Having hit its pandemic driven nadir at the end of last month, when there were nearly 50 percent fewer pending home sales in San Francisco than at the same time…
Index for Bay Area Home Values Hits a New High, But…
Having ticked up an upwardly revised 1.2 percent in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…