Existing Home Sales in the U.S. Tick up but Slip Year-Over-Year
Having gained 3.0 percent in February, the pace of existing-home sales in the U.S. inched up another 1.1 percent in March to a seasonally adjusted annual rate of 5.60 million…
SF’s First Whole Foods 365 Closer to Reality
As we first reported a couple weeks ago, plans to convert the shuttered Lombardi Sports building at 1600 Jackson Street, at the corner of Polk, into San Francisco’s first Whole…
The Economics of a Rincon Hill Condo and Reality Check Redux
As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was…
Bay Area Employment Slips from Record Highs
At a time of the year when Bay Area employment figures typically tick up, the number of people living in the city of San Francisco with a job dropped by…
Former Giants Pitcher Tagged for a Million Dollar Loss
The 11,000-square-foot pad in Paradise Valley, Arizona, which former San Francisco Giants pitcher, Matt Cain, purchased for $5.5 million in 2013, has finally traded hands after two years on the…
Big SoMa Project Slated for Approval (And to Break Ground)
The newly refined plans for a 371-unit development to rise up to seven stories in height on Harrison Street, upon the Western SoMa parcel currently occupied by the German Motors…
Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this…
Price Cut for a Prominent Chunk of Telegraph Hill
Having hit the market priced at $1.4 million in December of 2016, and briefly in contract early last year, the list price for the 120-foot-wide chunk of Telegraph Hill’s hillside…
Location for First Shake Shack in San Francisco Confirmed
As we first reported at the beginning of the year, the owners of the shuttered Real Food Company building on the southeast corner of Fillmore and Filbert had quietly met…
State Senate Committee Kills Controversial Housing Bill SB 827
With only four (4) of the thirteen (13) members of the State Senate’s Transportation and Housing Committee voting in favor of advancing Senator Scott Wiener’s “transit-rich housing bonus” bill, the…