Another Institution on the Market in the Tenderloin
The Edinburgh Castle at 950 Geary Street is now on the market with a $3.995 million price tag. In addition to the iconic bar’s building, the asking price includes the…
Indexes for Bay Area Home Values Drop, Nearing Negative Territory
Having ended last year with the largest month-over-month decline in seven years, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (which includes the…
Pending Home Sales in SF Remain Down (But Picking up Steam)
While the number of homes listed for sale in San Francisco remains around 10 percent higher versus the same time last year and at a 7-year seasonal high, the number…
Bay Area Employment Inches Up to Another Record High
With 2018 having ended the year with Bay Area employment at an all-time high, the number of people living in San Francisco with a paycheck has since inched up 700…
423-Foot-Tall Oakland Tower Approved, but There’s a Problem
The refined plans for Rubicon Point Partners’ proposed 37-story residential tower to rise up to 423 feet in height at 1750 Broadway, between 17th and 19th Streets in Uptown Oakland,…
Chic Central SoMa Loft Nearly Fetches its 2016 Price
Purchased for $1.2 million February of 2016, the “chic” penthouse unit #801 at the Palms on 4th Street, returned to the market listed for $1.295 million at the end of…
Pace of Home Sales in the U.S. Jumps, but Down Year-Over-Year
The seasonally adjusted pace of existing-home sales across the U.S. jumped nearly 12 percent last month to an annual rate of 5.51 million transactions but remains 1.8 percent below the…
Redevelopment of Iconic Joe’s Cable Car Site Closer to Reality
Having shuttered back in 2014, after nearly five decades of serving freshly ground burgers to a legion of adorning fans, a permit to raze the iconic Joe’s Cable Car shack,…
Remodeled Pac Heights Mansion Fetches 45% of Original Price
As we outlined earlier this year: Purchased out of foreclosure for $2.525 million in 2013, the “grandly proportioned circa 1898 Victorian mansion” at 1945 Franklin Street, on the eastern edge…
Fed Officials Officially Drop Expectations of a Rate Hike in 2019
According to an analysis of the futures market, the probability of the Fed hiking the federal funds rate in 2019 had dropped to zero (0) as of last week, as…