Benchmark Mortgage Rate Ticks Up
Having dipped to within 10 basis points of an all-time low, the average rate for a benchmark 30-year mortgage ticked up 4 basis points to 3.45 percent over the past…
Pace of U.S. Home Sales at a Nine-Year High, Price Sets a Record
The seasonally adjusted pace of existing-home sales in the U.S. ticked up 1.1 percent to an annual rate of 5.57 million sales in June, the highest annual pace since February…
New Condo Sales in San Francisco down over 30 Percent in 2016
We’ve compiled the monthly sales data for new condominiums in San Francisco over the past two years. While it’s not an aggregate statistic which the sales and marketing companies release,…
Potrero Hill Dorm Development Closer to Reality
Plans to levels the one-story warehouse building on the northeast corner of Arkansas and 17th Streets and develop a four-story dorm for students enrolled at the California College of the…
East Bay Office Market Cause for Concern?
While not specifically quantified, the volume of office tenants in San Francisco seeking new space in the East Bay “dropped significantly” over the past quarter, according to an accounting by…
Russian Hill Platinum House Price Reduced $1.75 Million
Listed for $11.25 million, or just over $2,000 per square foot, two months ago, the asking price for the designer Russian Hill home at 1209 Filbert Street, which is LEED…
Legislation to Allow New In-Law Units throughout San Francisco
San Francisco’s Board of Supervisors is slated to approve legislation which will allow more in-law units to be added to existing buildings throughout San Francisco. And the bargaining chip ballot…
A Hacked Up Laurel Heights Home Hits the Market for $1.2M
The former San Francisco home and studio space of Howard Hack, the distinguished local artist who passed away last year, the two-unit Laurel Heights building at 54-56 Cook Street has…
Warriors Appear to Have Won the Mission Bay Arena War
A Superior Court judge has just ruled in favor of the Golden State Warriors in their legal battle with the Mission Bay Alliance over building an 18,000-seat arena and event…
A $2 Million Cut for One of the Three on That Coveted Block
Speaking of listings in San Francisco for which the asking price has been reduced at least once, the list price for the remodeled Pacific Heights home at 2480 Broadway has…