Number of Homes on the Market in San Francisco Climbs
Despite a seasonal uptick in sales in the absolute and year-over-year drop in new listing activity, the net number of single-family homes and condos on the market in San Francisco…
Entitled, Permitted, Excavated and…Stalled Out in Central SoMa
Entitled in 2017, subsequently permitted and having since broken ground, the excavated site, approved plans and entitlements for the 127-unit building to rise up to eight stories in height on…
It’s Not Exactly Cheap, but It Is Cheaper in San Francisco
As we noted earlier this week, there are over 40 percent fewer homes in contract to be sold in San Francisco than there were at the same time last year…
$10 Million Cow Hollow Home Trades for Less
Having returned to the market priced at $14.2 million in October of 2020, been reduced a few times over the years and then relisted anew for $10.2 million this past…
Mortgage Rates Inch Down, Probability of an Easing Slips
As projected, the average rate for a benchmark 30-year mortgage inched down another 4 basis points (0.04 percentage point) over the past week to 6.35 percent but remains 20 percent…
Modern Noe Valley Compound Now Listed for 33 Percent Less
Redeveloped in 2019, the modern Noe Valley compound at 1647 Sanchez Street, with a primary residence, guest house (290 Day) and a total of 6 bedrooms spread across 6,000-square-feet of…
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Refined Pac Heights Home Drops Below Its 2017-Era Price
As we outlined last month, the nearly 6,900-square-foot, six-bedroom Pacific Heights at 3149 Washington Street, which was been completely restored and remodeled to yield “unparalleled luxury and refinement,” with multiple…
$345K Over Asking! ($2.5 Million Under Original List)
The English Tudor “trophy home” at 3212 Jackson Street, a four-level, 6,100-square-foot home in coveted Presidio Heights, hit the market priced at $9.8 million three months ago. Reduced to $8.9…
Homebuying Activity Ticks Up, Still Down 32 Percent YOY
Having slipped last week, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. has since ticked back up 5 percent on both…
Mortgage Credit Availability Back Down to a Decade Low
Having inched up 0.4 percent in March, mortgage credit availability, as indexed by the Mortgage Bankers Association, slipped 0.9 percent in April and is back to its lowest level since…