Prominent North Beach Building (Site) on the Market
While (downsized) plans for redeveloping the burned-out Verdi Building at 659 Union Street, between Columbus and Powell, in the heart of North Beach, have been drawn and permits requested, the…
Benchmark Mortgage Rate Slips Back Under 7 Percent
The average rate for a benchmark 30-year mortgage has slipped back under 7 percent for the first time in four months, inching down 8 basis points (0.08 percentage points) over…
Updated Bernal Heights Home Trades Down
Purchased for $1.825 million in June of 2019, prior to the pandemic-era squeeze, the updated 1,554-square-foot, single-family home at 15 Winfield Street, a North Slope Bernal Heights home on “one…
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Refined Plans for the Proposed Stonestown Redevelopment
As proposed by Brookfield Properties and newly rendered above and below, the refined plans for redeveloping the 41-acre Stonestown site would now yield nearly 3,500 residential units, up from around…
Refinancing Activity Drives Mortgage Application Volume Up, Not Purchases
While the Mortgage Bankers Association’s index for mortgage loan application volume increased 6 percent last week, said increase was actually driven by refinancing activity, the sub-index for which jumped 19…
Prohibited Residential Conversion(s) Proposed
Approved back in 2015 and subsequently dubbed “The Landing,” the 257-unit development that rose at 1395 22nd Street, along the East Slope of Potrero Hill, included 47,575 square feet of…
Mortgage Credit Availability Drops
Having ticked up a (1) percent in October, mortgage credit availability, as indexed by the Mortgage Bankers Association, ticked down 1.7 percent in November, with a 5.4 percent drop in…
Pinnacle of NoPa Luxury and Convenience Trades Down
Measuring nearly 1,500 square feet, with three bedrooms, three baths, a deeded parking space and a private roof deck with “HUGE VIEWS,” the two-level penthouse unit at 1637 McAllister Street,…
Inventory and Asking Prices Tick Down in S.F., Reductions Up
The net number of homes on the market in San Francisco ticked down 8 percent over the past week, driven by typical seasonality, with 9 percent fewer homes on the…
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What’s the Story Morning Glory?
Purchased for $3.3 million in October of 2021, the four-bedroom Forest Hill home at 369 Pacheco Street, “the perfect oasis in the middle of the city,” returned to the market…