New New Timing for Major Visitacion Valley Redevelopment

New New Timing for Major Visitacion Valley Redevelopment

As we outlined in the third quarter of last year: Shuttered back in 1999, the old Schlage Lock factory and Southern Pacific Railyard parcel along Bayshore Boulevard, near the heart of Visitacion Valley, was leveled 10 years later in order to clear the way for a proposed 20-acre transit... Read More »

Number of Homes for Sale in San Francisco Hits an 8-Year High

Number of Homes for Sale in San Francisco Hits an 8-Year High

With listing activity having hit a 13-year high earlier this month, the number of homes currently listed for sale in San Francisco now totals 910, which is 2 percent higher than at the same time last year and an 8-year seasonal high. At the same time, the percentage of... Read More »

View Home Drops Further Below Its 2014 Price in the Heights

View Home Drops Further Below Its 2014 Price in the Heights

As we outlined back in the first quarter of this year: “Touting its location, location, location on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, the “one-of-a-kind home” at 352 Cumberland Street, which totals around 2,800 square feet (including two... Read More »

Designer Nordic Dwelling Now on the Market in Mission Dolores

Designer Nordic Dwelling Now on the Market in Mission Dolores

Purchased as a 1,500 square-foot condo with an uninhabitable attic for $910,000 back in 2011, the top two floors of the Mission Dolores Victorian at 1983-1985 15th Street have since been transformed into an award-winning modern “Nordic” dwelling by Mork Ulnes Architects. Completed in 2017, the now nearly 3,000... Read More »

Superlatives Abound for Penthouse Approaching Its 2015 Price

Superlatives Abound for Penthouse Approaching Its 2015 Price

Purchased for $1.648 million in February of 2015, the two-bedroom, two-bath corner unit #7C atop the “Amero” at 1501 Filbert Street, on the border of Cow Hollow and Russian Hill, returned to the market listed for $1.75 million this past July, a sale at which would have represented total... Read More »

Mortgage Rates Inch Up

Mortgage Rates Inch Up

While the average rate for a 30-year mortgage inched up 7 basis points over the past week to 3.56 percent, it remains within 15 basis points of a three/six-year low and down 138 basis points (1.38 percentage points or roughly 28 percent) since the fourth quarter of last year.... Read More »

City Now Seeking Developers for Controversial McDonald’s Site

City Now Seeking Developers for Controversial McDonald’s Site

Purchased by the City for $15.9 million early last year, the Mayor’s Office of Housing and Community Development has just issued a formal Request for Qualifications (RFQ) to redevelop the shuttered McDonald’s site at the corner of Stanyan and Haight, a nearly 38,000-square-foot parcel across from Golden Gate Park... Read More »

Theatrical Plans for Shuttered OK Corral Space

Theatrical Plans for Shuttered OK Corral Space

Shuttered back in 2016 after two decades in business, plans to transform the former OK Corral Western and Work Wear building at 2519-2521 Mission Street into a community theater and cafe are in the works. From the Teatro Tin Tan team which acquired the space for $3.75 million in... Read More »

Pending Home Sales in San Francisco Are Really Down

As we noted last week, the year-to-date pace of completed home sales in San Francisco is currently running at an 8-year low. And in addition to being down over 10 percent versus the same time last year, despite a significant drop in mortgage rates over the same period of... Read More »

Former Mission Police Station Has Sold

Former Mission Police Station Has Sold

Having hit the market with an $8.4 million price tag early last year, as we first reported at the time, the former Mission Police Station and jail at 1240 Valencia Street, between 23rd and 24th, has finally sold to Mission Neighborhood Center (MNC), a local non-profit, and closed escrow... Read More »