Massive Russian Hill Mansion Fetches Millions Less
Purchased for $14 million in 2003, the “resale” of the nearly 9,000-square-foot Russian Hill home at 2323 Hyde Street for $9 million in 2011 wasn’t exactly arms length, as we…
Only 40 Percent More Homes on the Market in S.F. Than Usual
While it appears our projection as to when listed inventory levels would peak in San Francisco was off by a couple of hours, the net number of single-family homes and…
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Modernized Victorian Drops (Further) Below It’s 2020 Price
Purchased for $2.725 million in June of 2014, the “well located, finely modernized Italianate Victorian spanning three levels of magnificent open design” at 2208 Pine Street resold for $3.35 million…
Benchmark Mortgage Rate Poised to Slip Below Average
Having hit a 23-year high of 7.79 percent last week, the average rate for a benchmark 30-year mortgage has since inched down 3 basis points (0.03 percentage points) to 7.76…
Contemporary Starter Condo Only Drops Around 15 Percent (From 2015)
Purchased for $685,000 in January of 2015, the 628-square-foot, one-bedroom unit #301 with a deeded parking spot at 870 Harrison Street, which was built by JS Sullivan and “offers a…
Purchase Mortgage Activity Drops to a Lower 28-Year Low
Already down over 50 percent over the past two years to a 28-year low, the number of applications to secure a purchase mortgage loan for an existing home in the…
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Full Floor Russian Hill View Unit Trades Down Over 20 Percent
Purchased for $2.94 million in April of 2006, which was $310,000 “below asking” at the time, the 2,770-square-foot, full-floor cooperative unit #1 in the boutique 7-unit Russian Hill building at…
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Index for Bay Area Home Values Slips, National Index Gains
Having inched up an upwardly revised 0.2 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes…
Another Stalled Development Trying the “Auction” Route
As we outlined last year: Having been entitled last month, the supersized plans for a 50-unit development to rise up to 65 feet in height on the shuttered Mission District…
Enough Empty Office Space for 200,000 Worker Bees in San Francisco
As we outlined last week, the amount of vacant office space in San Francisco has hit nearly 26 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and…