Another 3 Million Square Feet of Vacant Office Space in San Francisco
The effective office vacancy rate in San Francisco hit 30 percent at the end of last month, representing nearly 26 million square feet of vacant office space now spread across…
Purchase Mortgage Activity Has Dropped Over 50 Percent
Having inched up 1 percent the week prior, the number of applications to secure a purchase mortgage loan for an existing home in the U.S., which is a leading indicator,…
Apples To Apples
Bay Buildings
Design & Architecture
Industry Stuff
Listings (for sale)
Neighborhoods
RealRecentReductions
Remodeling and Renovation
Trends
A Royal Reduction and Distinguished “At Asking” Drop
Redesigned by Cass Calder Smith in 2002, the 1,462-square-foot, two-bedroom unit #1202 in the Royal Towers at 1750 Taylor Street, “San Francisco’s most distinguished address,” last sold for $2.55 million…
Listen Up, Prime Haight-Ashbury Corner Parcel in Play
Plans to develop a mixed-use building, with up to 25 two-bedroom condos over 4,000 square feet of ground floor commercial space, on the parking lot parcel on the northwest corner…
Price Improvements Abound
With inventory levels ticking back up and the pace of sales having slowed, the percentage of homes on the market in San Francisco with an “asking price” that has been…
Benchmark Mortgage Rate Expected to Hold
Having jumped 18 basis points (0.18 percentage points) last week to 7.49 percent, the average rate for a benchmark 30-year mortgage has since ticked up another 8 basis points to…
Apples To Apples
Bay Buildings
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Mission District Mini “Penthouse” Now Listed for 21% Less
Purchased for $695,000 in May of 2015, the top-floor, junior one-bedroom “penthouse” unit #813 at 45 Bartlett Street (a.k.a. Vida, “in the heart of the bustling Mission District”), returned to…
Asking Rents in Oakland Drop, Lowest in Over a Year
The average asking rent for an apartment in Oakland, which had ticked up in August, suddenly dropped 4 percent in September to $2,475 per month, which is over 5 percent…
Purchase Mortgage Activity Inches Up, But…
Having dropped 6 percent the week prior, the number of applications to secure a purchase mortgage loan for an existing home in the U.S., which hit a 28-year low last…
Asking Rents in S.F. Haven’t Budged Since March, Inventory Ticking Up
While the cost of capital continues to rise, the weighted average asking rent for an apartment in San Francisco proper has now held firm at roughly $3,600 a month for…