Asking Rents in San Francisco and Oakland Inch Up
The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has inched up to around $4,280 per month, which…
Big Plans for (Another) Former Armory Site Have Been Drawn
As we outlined last year: Built to serve as an armory for the National Guard around 1906, and on the market for $9.9 million , the asking price for the…
Pace of Home Sales in San Francisco Continues to Drop
Having turned negative in mid-May, which led to an effective push in recorded home sales for the month, actual contract activity in San Francisco (versus anecdotal reports of “open house…
Plans to Build Even Higher on an Up-Zoned SoMa Site
As we first reported back in 2017, plans to raze the two-story Fast Signs Building on the northwest corner of Harrison and Hawthorne Streets and develop a 130-foot-tall residential building…
Developer Seeks Concessions to Build Shorter Than Allowed
Plans to level the two-story industrial building at 560 Brannan Street, adjacent to an already approved major development and across the street from the San Francisco Tennis Club site, are…
The Next Major Development Slated for Approval in SF
Plans to level the 41-foot-tall San Francisco Tennis Club at 645 5th Street and build up to 243 feet in height upon its 2.6-acre Central SoMa site could be approved…
Bay Area Home Sales and Median Price Are…Down
Following a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally…
Ambitious Potrero Hill Infill Project has Traded Hands
As we outlined back in 2017: The 125-foot stretch of land between the Potrero Hill homes at 905 and 953 Kansas Street has never before been developed, perhaps because of…
Redesigned for Luxury and Put Back in Play
The underdeveloped lot at the corner of Cleveland Street and Park Boulevard in Oakland’s Cleveland Heights neighborhood hit the market in 2004 with permitted plans for a 25-unit building –…
Benchmark Mortgage Rate Hits a 31-Month Low
As foreshadowed, the average rate for a 30-year mortgage dropped 11 basis points over the past week to 3.73 percent, which is now down 121 basis points (1.21 percentage points)…