Castle for Silicon Valley Nobility on the Market for $9 Million
Described as a home “worthy of Silicon Valley nobility,” with the “ability to transport your guests to a world of medieval romance infused with modern luxury,” the “castle” which sits…
Bay Area Home Values Hit Another High but Gains Really Slow
Having ticked up 1.1 percent in February to an all-time high, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the…
Even Bigger Plans for the Shuttered Lucky Penny Site
While zoned for building up to 80 feet in height, the shuttered Lucky Penny parcel at 2670 Geary Boulevard is also only zoned for moderate density. And as such, plans…
Benchmark Mortgage Rate Back Below 4 Percent
The average rate for a benchmark 30-year mortgage has dropped to 3.95 percent, the lowest average rate this year and 35 basis points below the 4.30 percent rate in place…
Former Sausage Factory Project Closer to Reality
Speaking of former sausage factories, plans to raze the shuttered Schwarz/Home/Engelhart sausage outlet at 1726-1730 Mission Street and develop a modern six-story building upon the Mission District site have qualified…
Bay Area Home Sales Slip, Slowest April in Six Years
At a time of the year when sales typical rise around 5 percent, the number of single-family homes and condos that traded hands in San Francisco last month dropped 7…
Historic Market Street Bar Redevelopment Granted Key Exemption
The plans to level the historic Lucky 13 bar and construct a five-story condo building upon its 2140 Market Street parcel have just been granted an exemption from having to…
Pace of Existing Home Sales in the U.S. Slips
Having ticked up 4.4 percent in March to a ten-year high, the pace of existing-home sales in the U.S. slipped 2.3 percent in April to a seasonally adjusted annual rate…
Plans to Raise the Roof(s) on Oakland’s Auto Row
Plans to level the Oakland Mitsubishi automobile dealership at 2500 Webster Street, adjacent to Mua at 2442 Webster, are in the works. And while the Auto Row site is principally…
New Condo Sales and Pricing Drop in San Francisco
While sales activity for new condos in San Francisco has typically ticked up from March to April, the number of purchase contracts signed last month (35) was 62 percent lower…