Discounting Helps Drive New Home Purchase Activity Up
Having dropped 12 percent from August to September, application volume for new home loan purchases in the U.S. ticked up 6 percent from September to October and was nearly 40…
Apples-to-Apples-to-Index for a Desirable North Slope Home
Featuring panoramic skyline views, “from Twin Peaks to Downtown to the East Bay,” the newly renovated and “culturally significant” home at 147 Ripley Street, on the “desirable North Slope” of…
Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)
Having dropped to its lowest level in 28 years earlier this month, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped…
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Russian Hill Masterpiece Just Resold for 50 Percent Less
As we outlined earlier this year, the rather spectacular new Russian Hill home at 2626 Larkin Street, “the crowning achievement of every artist, designer & craftsman whose passion & dedication…
Best of San Francisco Living Now Listed at a Loss
Featuring “epic views,” “modern finishes,” and a “superlative location,” offering “the best of San Francisco living,” the 1,794-square-foot, three-bedroom Noe Valley home at 732 Duncan Street returned to the market…
Benchmark Mortgage Rate Back Below Average at 7.5 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had only inched down 3 basis points to 7.76 percent, according to Freddie Mac and headlines…
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Two-Bedroom Mid-Market Condo Now Listed for 38 Percent Less
Featuring two bedrooms, two baths and two parking spots in the boutique Mid-Market building’s garage, the 870-square-foot unit #513 at 1075 Market Street (a.k.a. Stage 1075) sold for $1.25 million…
Asking Rents in Oakland Just Dropped to a Two-Year Low
Having suddenly dropped 4 percent in September to its lowest level in a year, the average asking rent for an apartment in Oakland has since dropped another 3 percent to…
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Fully-Approved Development Listed at Loss Reduced, Again
As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…
Rental Inventory/Availability in San Francisco Climbs
While the cost of capital has climbed, back to an average rate, the weighted average asking rent for an apartment in San Francisco proper has now held firm at roughly…