Mortgage Rates End the Year Half a Point Higher
Having hit a 7-year high of 4.94 percent last month, the average rate for a benchmark 30-year mortgage has since dropped 39 basis points, including 7 basis points over the…
Indexes for Bay Area Home Values Slip and Fall
Having slipped 0.7 percent in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and…
Refined Timing for Affordable Development to Rise in Mission Bay
The ground for the 152-unit development which will rise up to 74 feet in height, not including its parapets, on the western half of Mission Bay South Block 6, along…
Bay Area Employment Trends up to Another Record High
Having ticked up in October, the number of people living in San Francisco with a job increase by another 5,500 over the past month to a record 571,000 at the…
Trendyloin Penthouse Finally Trades after Nine Years on the Market
Back in 2009, the roughly 3,600 square foot penthouse unit #2101 atop The Hamilton at 631 O’Farrell Street hit the market with a $4.5 million price tag, as we first…
The Plans for a Decaying City Block Have Been Drawn
Formerly owned by the Garibaldi family, the 2.2 acre Portola District block bounded by Woolsey, Hamilton, Wayland and Bowdoin streets, which is known as 770 Woolsey and is currently home…
Up and Down on the Edge of Nob Hill
Having sold as new for $1.235 million in March of 2014, the 1,143-square-foot unit #511 at 1788 Clay Street (a.k.a. Marlow) has just traded hands with a $1.48 million contract…
The Fed Raises Rates, Signals Two More Hikes in 2019
As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling…
Historic Lower Haight Theater Lofts Unit Takes a Little Hit
Purchased for $1.62 million in August of 2015, the 1,845-square-foot loft unit #106 in the historic Theatre Lofts building at 560 Haight Street, a “chic industrial” conversion which “features double…
Year-Over-Year Decline in Existing U.S. Home Sales Is Accelerating
While the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 5.32 million sales, the pace is now running…