New Home Sales in the U.S. Tick Up, Jump Out West

New Home Sales in the U.S. Tick Up, Jump Out West

Having slipped 2.7 percent in October, the pace of new single-family home sales in the U.S. ticked up 1.3 percent in November to a seasonally adjusted rate of 719,000 sales, which is 16.9 percent higher than at the same time last year. At the same time, the median price... Read More »

Commissioners Grant Forgiveness for Reimagined $9.4M Home

Commissioners Grant Forgiveness for Reimagined $9.4M Home

Following seven months of debate, proffers and delay, San Francisco’s Planning Commission has rejected the requested Discretionary Review (DR) that would have required a redevelopment of the under-permitted designer home at 3847 18th Street. As we first outlined back in May: Purchased for $1.5 million in August of 2014,... Read More »

Bay Area Employment Slips, Unemployment Inches Up Anew

Bay Area Employment Slips, Unemployment Inches Up Anew

Having inched up in October, the number of people living in San Francisco with a paycheck was unchanged in November and remains at a record 580,000 with an unemployment rate of 1.9 percent. As such, there are 7,800 more people living in the city with paychecks than there were... Read More »

Bigger Plans for Polk Gulch Infill Development Closer to Reality

Bigger Plans for Polk Gulch Infill Development Closer to Reality

As we first revealed earlier this year: Plans for a 12-story infill building to rise up to 125 feet in height on the site of the Polk Gulch funeral home at 1123 Sutter Street (Halsted N. Gray-Carew & English) have been drafted. While the columned façade of the funeral... Read More »

Pace of Existing-Home Sales in the U.S. Slips

Pace of Existing-Home Sales in the U.S. Slips

Having ticked up 1.9 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. retreated 1.7 percent in November to an annual rate of 5.35 million sales, which is still 2.7 percent above its mark at the same time last year, but versus 4.6 percent higher... Read More »

More Mission District Infill on the Boards

More Mission District Infill on the Boards

Plans for a new six-story building to rise at 2955 Mission Street, which is one door down from the proposed modern addition to rise atop the historic building at 2965-2967 Mission Street in the Mission, are in the works. And as newly rendered by Sternberg Benjamin Architects, the 65-foot-tall... Read More »

Select Supervisors Push for Navigation Centers Citywide

Select Supervisors Push for Navigation Centers Citywide

With the hotly contested Embarcadero Navigation Center having just opened its doors, and the former Center on Mission having shuttered, there are now seven operating Navigation Centers in the city, concentrated in Supervisorial Districts 6, 9 and 10, the three districts within which roughly 75 percent of the city’s homeless... Read More »

Bonus-Sized Bayview Development Closer to Reality

Bonus-Sized Bayview Development Closer to Reality

As we first reported earlier this year: Having sat vacant since the former meat market on the site was demolished three decades ago, plans to develop the Bayview parcel at 5012 Third Street have been drafted. Zoned for development up to 40 feet in height, with standard density limits... Read More »

Sunnyside (Back) Up

Sunnyside (Back) Up

It has been over twelve years since the single-family home at 149 Mangels Avenue, the foundation of which had been reinforced with cereal boxes, collapsed on its new owner who was doing a bit of non-permitted work. Three years ago, the Sunnyside parcel traded for $725,000. And shortly thereafter,... Read More »

Bigger Plans for Shuttered North Beach Site

Bigger Plans for Shuttered North Beach Site

Shuttered in 2012, plans to raze and redevelop the former Caesar’s Restaurant parcel on the southwest corner of Bay and Powell were approved at the end of 2015 with the project team positioning to break ground on the 4-story, 17-unit building with a ground floor commercial space the very... Read More »