Pending Home Sales Drop in the West but Tick Up Overall
Having dropped 1.5 percent in April, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 1.1 percent in May…
Port Will Solicit Proposals for Contested Waterfront Lot and Piers
San Francisco’s Board of Supervisors unanimously rejected an appeal of the approved, but hotly contested, plans for a temporary Navigation Center to be constructed on the Port’s current parking lot…
High-End Loft Fetches 15 Percent Over Its 2015 Price
We’ve been intrigued by the truly high-end conversion of unit #102 at 355 Bryant Street since the 2,200-square-foot loft hit the market listed for $2.195 million, or roughly $1,000 per…
Index for Bay Area Home Values Ticks Up, Condos Down YOY
Having ticked up a downwardly revised 2.0 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Pace of New Home Sales in the U.S. Takes Another Hit
Having dropped a downwardly revised 3.7 percent in April, the pace of new single-family home sales in the U.S. shed another 7.8 percent in May to a seasonally adjusted rate…
Big Plans for Shuttered Nightclub Site
Having been shuttered back in 2016, the sale of the Club Tapatio building at 4742 Mission Street, which once housed the Rock Garden and Club New Yorker as well, and…
Light House Condo now Listed at a Larger Seven-Figure Loss
Purchased for $6.495 million in April of 2016, the 5,493-square-foot “Light House” condo at 651 Dolores Street, one of four condos within the converted Second Church of Christ Scientist, across…
Number of Homes for Sale in SF Holds, Pending Sales Down
While effectively unchanged over the past week, as expected, the number of homes on the market in San Francisco (710) is now running roughly even with the same time last…
Taller Transbay District Tower Seeking Approval
As originally proposed, the five-story building at 95 Hawthorne Street, which formerly housed the San Francisco Passport Agency, was to be razed in order to make way for a 32-story…
Bay Area Unemployment Hits a Record Low, But…
The unemployment rate in San Francisco has dropped to a record low of 1.9 percent, with the ranks of the employed having increased by 2,900 to 569,300 in May. That…