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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. Fact on Pace of Home Sales in San Francisco Drops

    What's the status update on socket site? AI chatbots still on strike?

  2. Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less

    152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…

  3. Brahma (incensed renter) on “Full(er) House” Home Back on the Market

    Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…

  4. Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops

    Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…

  5. Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced

    Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…

  6. Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank

    Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…

  7. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…

  8. steve on Prominent Nob Hill Corner Closer to Proposed Reality

    I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…

  9. Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops

    It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…

  10. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…

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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