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Latest Posts

Pace of Home Sales in San Francisco Drops Asking Rents in San Francisco Are Ticking Up, But… Benchmark Mortgage Rate Poised to Inch Down Asking Rents in Oakland Tick Up, Down Year-Over-Year Index Versus Reality for Another “Over Asking!” Sale
Industry Stuff Real Estate Economics Trends

Average 30-Year Mortgage Rate Inches Down to 7.12 Percent

September 7, 2023

The average rate for a benchmark 30-year mortgage has inched down 11 basis points (0.11 percentage points) over the past two weeks, from a 22-year high of 7.23 percent to…

Apples To Apples Design & Architecture Industry Stuff Listings (for sale) Neighborhoods RealRecentReductions

Massive Russian Hill Mansion Trying the “Auction” Approach

September 6, 2023

Purchased by Peter and Stephanie Sperling 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…

Industry Stuff Real Estate Economics Trends

Purchase Mortgage Activity Back Down to a 28-Year Low

September 6, 2023

Having ticked up 2 percent from a 28-year low in mid-August, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. dropped 5…

Apples To Apples As Proposed Industry Stuff Neighborhoods Real Estate Economics Trends

Big Price Cut for Coveted Russian Hill Corner Site and Plans

September 5, 2023

As we outlined back in 2019: Having sat vacant since the former house which had occupied the prime Russian Hill parcel on the northwest corner of Broadway and Taylor was…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Number of Homes on the Market in S.F. Ticks Down, But…

September 5, 2023

Having jumped 10 percent late last month, the net number of homes on the market in San Francisco, including condos, has ticked back down but remains around 10 percent lower…

Breaking News Industry Stuff Real Estate Economics Rentals Trends

Asking Rent in San Francisco Hasn’t Budged in 6 Months

September 1, 2023

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…

As Proposed Bay Buildings Industry Stuff Neighborhoods

Permits to Raze and Redevelop Market Street Bathhouse Requested

September 1, 2023

A formal request to secure a demolition permit to raze the shuttered Eros bathhouse building at 2051 Market Street has been submitted to planning along with the paperwork to secure…

East Bay Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in Oakland Tick Up but Unchanged YOY

August 31, 2023

Having ticked down in the second quarter of 2023, the weighted average asking rent for an apartment has since ticked up around 2 percent to $2,575 per month, which is…

Apples To Apples Industry Stuff Neighborhoods Real Estate Economics Trends

Coveted Lower Pacific Heights Condo Trades (Further) Down

August 31, 2023

Having sold for $2.1 million in September of 2018, the 1,900-square-foot, full-floor condo at 1940 Bush Street, which “dazzles with great period details and contemporary finishes,” a few blocks from…

Apples To Apples Bay Buildings Industry Stuff Neighborhoods Real Estate Economics Trends

Exceptionally Luxurious Condo Trades Down Over $400K

August 30, 2023

Purchased for $2.47 million in October of 2017, the “exceptionally luxurious Lumina condo” unit #36C, “featuring stunning panoramic views of the Bay Bridge, Bay and San Francisco,” along with high-end…

Posts pagination

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Recent Reader Activity
  1. Brahma (incensed renter) on Dolores Park Light House Condo Listed for a Million Less

    I completely agree, and if you're looking for a natural test of whether or not the extremely heated market dynamics…

  2. Brahma (incensed renter) on 141 Below Market Rate Modular Studios Even Closer to Reality

    We now have two more recent data points. Tahanan Supportive Housing (at 833 Bryant St.) completed in winter 2021, was…

  3. Brahma (incensed renter) on Beaux Arts Beauty Suddenly Back on the Market

    Maybe the seller knew what they had, didn't want to take a more than $1 million haircut and was willing…

  4. Brahma (incensed renter) on Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less

    The one-bedroom, one bathroom 719 Larkin #705 sold for $690,000 in November of 2019, conforming to building and neighborhood comps…

  5. Aaron Goodman on Parkmerced: From The Plans To Develop, To The Plans To Preserve

    Gabriel Metcalf should apologize, 6 national organizations signed a memo against the destruction of Parkmerced, and to date they have…

  6. Notcom on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    And don't forget the simultaneous implosion of the The California College of the Arts (CCA)...guess that move to SF wasn't…

  7. The Milkshake of Despair on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    The Academy of Art is a reminder of what the city has lost with the San Francisco Art Institute. The…

  8. Brahma (incensed renter) on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    Here we are, more than six years later, and in a story datelined May 11, 2026 (Academy of Art sells…

  9. Notcom on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    Noted. But of course I'm more interested in (what passes for) journalism over at the 'Standard'": consider this remarkable -…

  10. Brahma (incensed renter) on Coveted LEED Condo Listed Below its 2015 Price

    Wound up closing at asking 39 days after the above post. Then something happened which appeared on the MLS like…

You missed

Breaking News Industry Stuff Real Estate Economics Trends

Pace of Home Sales in San Francisco Drops

July 15, 2024
Breaking News Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in San Francisco Are Ticking Up, But…

July 12, 2024
Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Poised to Inch Down

July 11, 2024
Breaking News East Bay Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in Oakland Tick Up, Down Year-Over-Year

July 10, 2024

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