Pending Home Sales in the US Tick Up
Having ticked up 1.1 percent in May, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, gained 2.8 percent in June…
Scofflaw Developer Settles for $1.2 Million
Having been accused of routinely engaging in the under-permitted renovation and expansion of residential properties throughout San Francisco, Ashok Gujral, a local real estate developer, has agreed to pay $1.2…
Looking for an Unfinished 19,000-Square-Foot Oakland Hills Home?
Sited on a nearly one-acre Chabot Park Highlands parcel in the Oakland Hills, the unfinished 19,000-square-foot home at 11270 Lochard Street is now back on the market as “a rare…
Supersized Plans for Building up on Geary Boulevard
As we first reported last year: Plans to raze the one-and-a-half-story building at 3565 Geary Boulevard, which is currently home to Grand Hot Pot Lounge, are in the works. And…
Reductions on the Rise as the Pace of Sales Slows in San Francisco
While the number of homes listed for sale in San Francisco slipped 4 percent over the past week with typical seasonality in play, inventory levels are running 3 percent higher…
Bay Area Home Sales and Median Price Continue to Drop
Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of single-family homes and condos that traded hands across the greater Bay Area dropped 11.4…
Big Hub District Plan and New Heights Closer to Reality
On the heels of the adoption of San Francisco’s Central SoMa Plan, the legal challenges of which have yet to be resolved, San Francisco’s Planning Department has just finished drafting…
Tower Complex Could Be Razed for a 40-Foot-Tall Hotel
Plans to raze the two-story Fisherman’s Wharf “Tower Complex” on the Northwest corner of North Point and Taylor are in the works. And as proposed a five-level hotel, with a…
Mortgage Rates Slip, Odds of an Easing Hold
Having inched up to 3.81 percent last week, the average rate for a 30-year mortgage has dropped back down to 3.75 percent, which is 119 basis points (1.19 percentage points)…
Un Plan for Dos Buildings to Rise on Historic Tres Site
While limited by its historic façade, which would be preserved as proposed, plans to redevelop the Central SoMa parcel at 130 Townsend Street, upon which the Inglenook Vineyard warehouse building…