Pace of Home Sales Is Still Down in San Francisco
With the April bump in activity, home sales in San Francisco are only down 6.9 percent on a year-over-year basis through the first four months of the year, marking the…
Neighborhood Changing Development Closer to Reality
Banking on the survival of San Francisco’s Central SoMa Plan, Tishman Speyer is pushing forward with plans to completely redevelop the northeast corner of Brannan and Fifth Streets, across from…
Asking Rents in San Francisco and Oakland Tick Up
With a bit of seasonality in play, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has ticked…
Bay Area Home Sales Trending Down, Median Price Unchanged YOY
Continuing to follow 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…
Pending Home Sales in the U.S. Drop
Having ticked up 3.8 percent in March, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.5 percent last month…
Benchmark Mortgage Rate Dips Under 4 Percent, Odds of Easing Up
Having shed 7 basis points over the past week, the average rate for a 30-year mortgage now measures 3.99 percent, an average rate which is 57 basis points lower than…
Denser Infill on the Boards
Having sat vacant since the former meat market on the site was demolished three decades ago, plans to develop the Bayview parcel at 5012 Third Street have been drafted. Zoned…
Designer Tiburon Home Nearly Fetches its 2015 Price
Designed by Sutton Suzuki Architects and built in 2009, the 5,400-square-foot Tiburon home at 1925 Straits View Drive, with modern finishes and sweeping views of the bay, Golden Gate bridge…
Refined Pitch for Presidio Redevelopment
Having been thoroughly panned by the Presidio Trust’s staff, the singular proposal to redevelop the 30-acre Fort Winfield Scott campus in the Presidio has been revised and refined (as expected).…
Below Average Returns for Bay Area Homes
Having eked out a 0.6 percent gain in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (which includes the East Bay, North…