Showcase Marina District Home Trades Down
Purchased for $3.825 million in April of 2015, the 3,015-square-foot and seismically upgraded “Showcase Residence” at 75 Rico Way, “on one of the most sought after blocks in the Marina…
Bay Area Employment Back to 2017 Levels, Trending Down
Having ticked down by (an upwardly revised) 1,700 in October, the net number of San Francisco residents with a job dropped by 2,200 in November to 553,800. As such, there…
Amendment for Proposed Distribution Center Inked
Certified by San Francisco’s Planning Commission in 2006, the Bayview Hunters Point Redevelopment Projects and Rezoning impact report cleared the way for over 2 million square feet of new development,…
New Home Sales Drop, Inventory Nearing a 15-Year High
As we outlined earlier this month, application volume for new home loan purchases in the U.S. was on the decline despite a year-over-year gain last month. And in fact, the…
Benchmark Mortgage Rate Drops to a Six-Month Low, And…
Having slipped back under 7 percent last week, the average rate for a benchmark 30-year mortgage has since dropped another 28 basis points (0.28 percentage points) to 6.67 percent, which…
Refined Plans for Conversion of Landmarked Library, But…
Purchased for $9.5 million at the end of 2017, plans to convert the landmarked Health Sciences Library building on the southeast corner of Sacramento and Webster into a 24-unit luxury…
Purchase Mortgage Activity Continues to Drop
Despite some misleading headlines making the rounds last week, an uptick in mortgage loan application volume was actually being driven by a jump in refinancing activity, not purchasing, as we…
Best of San Francisco Living Trades Down
Purchased for $2.5 million in July of 2020, the 1,794-square-foot, three-bedroom Noe Valley home at 732 Duncan Street, which features “epic views,” “modern finishes,” and a “superlative location,” returned to…
Pace of New Home Sales Activity Slows Despite YOY Gain(s)
Application volume for new home loan purchases in the U.S. was up nearly 22 percent on a year over-year basis last month but down 12 percent from October with the…
Pace of Home Sales in San Francisco Drops
The pace of single-family home and condo sales in San Francisco ticked down three points over the past week, with 13 percent fewer homes in contract to be sold than…