Benchmark Mortgage Rate Levels off, Potential for a Dip
The average rate for a benchmark 30-year loan has held at 3.71 percent for the second week in a row, which is 1 basis point above the average rate at…
Refined Designs and Timing for 157-Unit Development in the Mission
While the development team is still working with the Planning to finalize the design, the Planning Commission hearing for Lennar Urban’s proposed 157-unit building to rise up to six stories…
Timeline for Resolving Warriors Arena Lawsuit to Be Challenged
Having been certified as an Environmental Leadership Development Project by Governor Brown, Assembly Bill (AB) 900 requires that the CEQA-based challenge of the Golden State Warriors proposed Mission Bay Arena…
417-Unit West Oakland Development Slated for Approval
The new plans for a 417-unit West Oakland development to rise up to 8 stories in height on the vacant 3-acre Caltrans lot bounded by Kirkham, 7th, Union and 5th…
New Plan for SF Tennis Club Site Scraps All Courts
As we first wrote and ruffled some feathers with respect to the half-block San Francisco Tennis Club at 645 Fifth Street when the Bay Club was sold to York Capital…
Buy It Now in Los Altos Hills for $3.2 Million Less
Listed for $19.988 million in January, the asking price for the 3.3-acre Los Altos Hills estate owned by Jeff Skoll, the first employee and former President of EBay, has just…
Top-Tier Bay Area House Values Slip, Condos Hit New High
Having slipped a nominal 0.2 percent at the end of the year, the Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area dropped another 0.7 percent in…
Plans for 225-Unit Auto Row Development Progress
The proposed plans for a seven-story Oakland development with 225 apartments over 23,000 square feet of retail space and an underground garage for 222 cars at 2400 Valdez Street have…
Affordable Mission District Development Remains on the Boards
Rather than include any affordable housing onsite, the development team behind “Vida” at 2558 Mission Street deeded the industrial building at 1296 Shotwell Street to the City in 2012. And…
Pending Home Sales Growth Stalls, Drops in the West
While the National Association of Realtors Pending Home Sales Index rose 3.5 percent from January to February, last month’s year-over-year gain of 0.7 percent was the smallest in 18 months.…