Hidden Earthquake Cottage Trades for $535K

Hidden Earthquake Cottage Trades for $535K

Built as an Earthquake Cottage circa 1907 and hidden behind a fence and foliage, the roughly 1,000-square-foot Excelsior District home on a 2,495-square-foot lot at 228 Athens Street hit the market priced at $888,000 two months ago. According to its listing, the home is currently configured with a large... Read More »

Inventory Levels Poised to Jump in San Francisco

Inventory Levels Poised to Jump in San Francisco

While the number of homes on the market in San Francisco has stated ticking up, inventory levels are currently running around 15 percent lower than at the same time last year. That being said, the year-over-year decline in inventory levels is currently being driven by an even greater year-over-year... Read More »

Stunning Russian Hill Apartment Now Listed for 52 Percent Less

Stunning Russian Hill Apartment Now Listed for 52 Percent Less

As we detailed in the third quarter of 2018: Purchased by an art collector for $1.55 million in August of 2003, the 3,070-square foot Russian Hill cooperative unit #6 at 947 Green Street was gutted and completely transformed into a stunning “European-Deco inspired masterpiece” with views by LeavittWeaver. Featuring... Read More »

Bay Area Employment Slows Its Roll

Bay Area Employment Slows Its Roll

The number of people living in San Francisco with a paycheck was effectively unchanged from November to December and is now holding around a record 580,000 with an unemployment rate of 1.9 percent. As such, there are now 6,200 more people living in the city with paychecks than there... Read More »

Infill on the Boards for Skinny Mission Street Site

Infill on the Boards for Skinny Mission Street Site

Plans for a skinny, nine-story infill building to rise on the Bayanihan building’s parking lot parcel at 1010 Mission Street, which stretches to Jessie, between 6th and 7th, are in the works. And as envisioned, the 85-foot-tall development could yield a total of 58 new “single-room occupancy” (SRO) units,... Read More »

Mortgage Rates Drop, Odds of a Cut Tick Up

Mortgage Rates Drop, Odds of a Cut Tick Up

The average rate for a 30-year mortgage has inched down another 4 basis points over the past two weeks to 3.60 percent, which is 85 basis points (0.85 percentage points) below its mark at the same time last year, a 15-week low and within 20 basis points of a... Read More »

Studio(s) Space on the Market in SoMa with a $4.2M Price Tag

Studio(s) Space on the Market in SoMa with a $4.2M Price Tag

Having started in the Mission back in 1984, “San Francisco’s premier professional music rehearsal studios” moved to Western SoMa back in 1992 and changed its name to Lennon Studios. The two-story, 7,500-square-foot warehouse building at 468 9th Street which Lennon now occupies is currently configured with an auditorium/sound stage,... Read More »

Problems for Another Supersized Development as Proposed

Problems for Another Supersized Development as Proposed

As we first reported back in 2018: Plans to raze the one-and-a-half-story building at 3565 Geary Boulevard, which is currently home to Grand Hot Pot Lounge, are in the works. And as envisioned, a seven-story building will rise up to 65 feet in height upon the Lone Mountain site... Read More »

Pace of Existing-Home Sales in the U.S. Ended 2019 Up

Pace of Existing-Home Sales in the U.S. Ended 2019 Up

Having dropped 1.7 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. rebounded 3.6 percent in December to an annual rate of 5.54 million sales, which was 10.8 percent above its mark at the end of 2018, according to the National Association of Realtors. At... Read More »

Problems for Post Street Redevelopment as Proposed

Problems for Post Street Redevelopment as Proposed

As we first revealed last year: Plans to raze the 4-story office building at 2233 Post Street, between Scott and Divisadero in Lower Pac Heights, are in the works. And while the site is principally only zoned for development up to 50 feet in height, plans for a 7-story,... Read More »