As we outlined last June: “Plans for a pair of residential towers to rise up to 275 feet in height at 325 Seventh Street, on the edge of Oakland’s Chinatown, were first approved by the city seven years ago , the ground for which has yet... Read More »
The pace of new single-family home sales in the U.S. ticked up 4.9 percent in February to a seasonally adjusted rate of 667,000 sales which is 0.6 percent above the pace of sales at the same time last year with a median sale price of $315,300, down 3.6 percent... Read More »
As we first reported last year: Plans to raze the former KRON TV building at 1001 Van Ness Avenue and develop a 14-story building, with 239 condos over 5,000 square feet of retail space fronting Van Ness, were approved two years ago but never broke ground. But that doesn’t... Read More »
While the total number of homes listed for sale in San Francisco slipped by a little under 4 percent to 625 over the past two weeks with typical Spring Break seasonality in play, there is now 17 percent more inventory on the market versus the same time last year... Read More »
Having dropped to an absolute 11-year low in January, the number of single-family homes and condos that traded hands across the greater Bay Area increased 12.9 percent in February to 4,354, which was an above-average seasonal jump but remains 12.8 percent below the sales volume at the same time... Read More »
Having ticked up 4.6 percent in January, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, slipped 1.0 percent in February to 101.9 which is 4.9 percent lower on a year-over-year basis and 9.3 percent below a cyclical high of... Read More »
With Fed officials having officially deemed the foregoing of any additional interest rate hikes in 2019 to “be best” for our economy in light of increasing global risks, which shouldn’t have caught any plugged-in readers by surprise, the average rate for a 30-year mortgage has since dropped 22 basis... Read More »
Having failed back in 2008, a ballot initiative which aims to transform Alcatraz Island into a “Global Peace and Creative Art Center” has been re-drafted and is positioning to qualify for this November’s election. If adopted, the measure would make it the official, but non-binding, policy of the City... Read More »
The Edinburgh Castle at 950 Geary Street is now on the market with a $3.995 million price tag. In addition to the iconic bar’s building, the asking price includes the Castle’s business and liquor licenses. And yes, the Tenderloin parcel upon which the 3,900-square-foot bar sits is zoned for... Read More »
Having ended last year with the largest month-over-month decline in seven years, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (which includes the East Bay, North Bay and Peninsula) dropped another 1.3 percent in January. The index has dropped a total of... Read More »
“About Mello-Ross, is that true? I live in the Infinity and we don't pay anywhere near that in MR tax...” [more]
“This house will be purchased by someone, likely a family, who does not pursue the grand renovation. ...” [more]
“As we originally outlined and wrote above, the proposal would yield "284,000 square feet of renovate...” [more]
“thinker, most employee do not take advantage of pre-ipo secondary markets....” [more]
“UPDATE: Twisty 400-Foot-Tall Tower has Officially Topped Out...” [more]
“There's little room left over for hotel rooms, that's why the hotel rooms are little. This model obv...” [more]
“Okay - maybe so. Would also be awkward to send your guests up to your boudoir for relief if the low...” [more]
“Why not use the basement as a giant navigation center?...” [more]
“UPDATE: Trust Staff Pans Plans for 30-Acre Redevelopment in the Presidio...” [more]
“UPDATE: No Major Red Flags for Proposed Tower of Micro Rooms...” [more]