Asking Rents in San Francisco and Oakland Drop, Listings Up
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 dropped around 2 percent in March…
Dolores Heights View Home’s Value Dropped 11 Percent
As we first outlined back in October of last year: Joining the ranks of newly reduced homes is 4085 20th Street, a modern 3,720-square-foot Dolores Heights home perched above Dolores…
First 30-Year Rate “Inversion” Since 2009
In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage has dropped another 17 basis points over the past week for…
San Francisco’s Planning Commission About to Reconvene
While the Planning Department’s offices are currently closed to the public, the Department remains open for business and processing applications with its staff (mostly) working from home. And next week,…
Listing in the Red at BLU
Listed as “an outstanding investment opportunity” back in August of 2017, unit #10C at 631 Folsom Street (a.k.a. BLU) – a “premium 2 bedroom, 2 bathroom condo with great light…
Explicit Changes to Local Stay-at-Home Orders
In addition to extending the existing ‘stay-at-home’ order for Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties through May 3, 2020, the revised order explicitly tightens…
Index for Bay Area Home Values Started the Year With a Slip
Having ended last year up 2.1 percent on a year-over-year basis but 1.3 percent below peak, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan…
Bay Area ‘Stay-at-Home’ Order Extended to May
The “stay-at-home” order which was issued for the Bay Area on March 16, and was tentatively slated to remain in place until April 7, is proactively being extended to “at…
Pending Home Sales Activity in the U.S. Was Up Last Month
Having rebounded 5.2 percent in January, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked up…
Inventory Levels and Sales Continue to Drop in San Francisco
Having plummeted 40 percent last week, the number of homes on the market in San Francisco has since dropped another 14 percent to 390, which isn’t zero but is 37…