Pace of Existing-Home Sales Drops, Poised to Plummet
Having jumped 6.5 percent in February, prior to the stock market having dropped and the impact of COVID-19 having taken hold, the seasonally adjusted pace of existing-home sales across the…
Within 3 Percent of 2014 Pricing for a Chic Marina Home
Having been further updated a bit since it was purchased as an already “perfected” home for $3.31 million in September of 2014, the recent resale of the “chic, light-filled marina…
Inventory Levels in San Francisco Tick Up, Sales Down
Having held last week, the net number of homes listed for sale in San Francisco (i.e., listed inventory) has since ticked up 17 percent to around 500, which is still…
Bay Area Employment Dropped by at Least 77,000 Last Month
Based on employment data through the second week of March, which predates the bulk of the ongoing economic impact caused by COVID-19, the estimated number of people living in San…
Big Plans for an SRO Development on This Single-Family Site
Purchased for $1.9 million in November of last year, plans to raze the little 1,200-square-foot home at 3832 18th Street, a “1900’s home with period detail on amazing block in…
Benchmark Mortgage Rate Inches Down to a Near-Record Low
The average rate for a benchmark 30-year mortgage inched down another 2 basis points over the past week to 3.31 percent, which is 86 basis points (0.86 percentage points) below…
Apples To Apples
Bay Buildings
Design & Architecture
Listings (for sale)
Neighborhoods
Remodeling and Renovation
Pac Heights Penthouse Suddenly Listed for 24 Percent Less
Purchased for $1.8 million in the second quarter of 2018, the dated two-bedroom, two-bath penthouse unit #12F atop 2200 Pacific Avenue, “a meticulously managed 65-unit building on a distinguished flat…
Pending Home Sales Down 40 Percent in San Francisco
As we outlined two weeks ago, the pace of home sales in San Francisco was already “down 20 percent on a year-over-year basis and dropping fast.” And in fact, the…
Refined Timing for Prominent Corner Redevelopment
With the plans for a five-story, 129-unit development to rise up to 55 feet in height on the on the northeast corner of Howard and Ninth having been approved back…
Number of Homes Now on the Market in S.F. (And Reductions)
Having ticked up last week, the net number of homes on the market in San Francisco (i.e., inventory) has since held. That being said, inventory levels in San Francisco, which…