Asking Rents in San Francisco and Oakland Slip, Gap Shrinks
Having ticked up around 5 percent through the first eight months of the year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well…
Pace and Price of New Home Sales in the U.S. Rebounds
Having dropped a downwardly revised 8.6 percent in July, the pace of new single-family home sales in the U.S. rebounded 7.1 percent in August to a seasonally adjusted rate of…
Pace of Home Sales in San Francisco Is Still Down
While the number of homes listed for sale in San Francisco hit an 8-year high this week, the pace of home sales in the city is still down, both in…
New Plans for Pyramid Adjacent Parcel Have Been Drawn
Plans to raze the nine-story office building at 545 Sansome Street, which abuts the privately-owned Redwood Park at the base of the Transamerica Pyramid, between Washington and Clay, and construct…
Indexed Appreciation for Bay Area Homes Drops to 0.2 Percent
Having eked out a 0.2 percent gain in June, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay,…
Novel Proposal for Tres Site Doesn’t Pass Muster
As we outlined back in July: While limited by its historic façade, which would be preserved as proposed, plans to redevelop the Central SoMa parcel at 130 Townsend Street, upon…
Over Asking, but at a Loss, for a Designer Clocktower Loft
Purchased for $375,000 in 1995, the roughly 1,800-square-foot ClockTower loft #557T at 461 2nd Street was subsequently remodeled, incorporating two tons of river rock and $400K worth of custom fabricated…
Most Homes on the Market in San Francisco Since 2011
Having hit an 8-year seasonal high last week, the number of homes on the market in San Francisco has ticked up to 980, which is 6 percent higher than at…
Infamous San Francisco Theater Has Sold
While the infamous “close-contact” strip club known as Mitchell Brothers remains open, the O’Farrell Theatre and corner parcel upon which the theater sits, and its talent spins, has quietly traded…
Truth in Advertising, Eventually
Its sale won’t be perfectly apples-to-apples as the offering now includes a storage unit in the building which was purchased separately, but having been purchased for $1,419,478 in April of…