Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 2.8 percent on a seasonally adjusted basis over the past week and were down 4 percent in the absolute, with a 5 percent drop in refinancing activity and a 2 percent drop in... Read More »

Despite another misreport that’s now making the rounds, while the recent sale of the full-floor unit #6 in the iconic Alta Plaza Apartments building at 2500 Steiner Street was a record-setting price for a unit in the building at $15.5 million, or roughly $4,428 per square foot, it didn’t... Read More »

Plans to expand the 2,300-square-foot, detached Nob Hill home which sits on the front of a 3,571-square-foot lot at 1151 Washington Street, adjacent to the Betty Ong Recreation Center’s playground, were drafted back in 2012 when the home sold (for $1.85 million) but have yet to be realized. A... Read More »

While mortgage application activity for new home purchases in the U.S. ticked up 6 percent in October, application volumes were down 15.2 percent on a year-over-year basis according to the Mortgage Bankers Association and despite the fact that inventory levels were up 32.2 percent, year-over-year, and holding at a... Read More »

As we outlined early last year, plans to raze the shuttered China Dance School & Theater building on the southeast corner of Clement and 32nd Avenue are in the works. And as envisioned, a six-story building could rise up to 64 feet in height upon the 3055 Clement Street... Read More »

Having peaked last month, the net number of homes on the market in San Francisco has since dropped 19 percent to 1,020 and listed inventory levels are now 44 percent lower than they were at the same time last year. That being said, inventory levels in San Francisco are... Read More »

San Francisco’s Historic Preservation Commission is slated to initiate a formal landmarking of the historic brick building on the southeast corner of Kansas and 15th Streets next week, a designation which could counterintuitively clear the way for the redevelopment of the 90,000-square-foot Takahashi Trading Company complex into office space.... Read More »

As we outlined at the end of last year, the light-filled, one-bedroom cottage at 4353 17th Street, which sits above the Castro in Corona Heights and was purchased for $675,000 in January of 2014, re-sold for $915,000 in November of 2016, representing total appreciation of 35.6 percent over those... Read More »

Having dropped 16 basis points (0.16 percentage points) over the past two weeks, the average rate for a benchmark 30-year mortgage has inched back down to 2.98 percent, which is 14 basis points above its mark at the same time last year but within 33 basis points of its... Read More »

San Francisco’s Planning Department has completed its first annual “Jobs-Housing Fit” report, a newly required analysis of “the fit between the housing needed by workers of new jobs located in San Francisco and housing produced in San Francisco,” segmented by affordability. And in fact, based on the pipeline of... Read More »