Asking Prices Drop in San Francisco, Inventory Keeps Ticking Up
Despite some misleading industry reports making the round and parroted in the press, the net number of homes on the market in San Francisco ticked up another 2 percent over…
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No Appreciation for a High-Tech Noe Valley Home
Speaking of high-end San Francisco homes, re-sales and neighborhoods, the “luxury high-tech” Noe Valley home at 33 Day Street, recently resold for $4.7 million, having been priced at $5.495 million…
Little Appreciation for Glen Park’s First $5 Million Home
When the contemporary 5-bedroom home at 80 Laidley Street sold for $5.4 million in mid-2017, it was the first Glen Park home to break the $5 million mark, prior to…
Rents in S.F. Holding Below Pre-Pandemic Levels, Availability Up
The weighted average asking rent for an apartment in San Francisco was unchanged over the past month, holding at around $3,600, which is 5 percent higher than at the same…
Benchmark Mortgage Rate Inches Back Over 6.4 Percent
The average rate for a benchmark 30-year mortgage inched up another 4 basis points (0.04 percentage point) over the past week to 6.43 percent, continuing a trend that shouldn’t catch…
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Bay Buildings
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Now Further in the Red Atop The Iconic Summit on Green
As we outlined earlier this month: Featuring walls of floor-to-ceiling windows with “unparalleled, panoramic views,” the two-bedroom corner unit #2905 near the top of the iconic Russian Hill “Summit” at…
Storied North Beach Venue Now Going the “Auction” Route
Despite having been reduced from $8.35 million to $7.5 million last year, a sale at which would have equaled roughly $511 per listed square foot, versus an estimated replacement cost…
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Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY
Having dropped for eight months in a row, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North…
Pace of New Home Sales Jumps, Still Down YOY
The seasonally adjusted pace of new single-family home sales in the U.S. jumped 9.6 percent in March to an annualized rate of 683,000 sales but was still 3.4 percent lower…
Inventory Levels Tick Up in San Francisco, Price Per Foot Down
The net number of single-family homes and condos on the market in San Francisco ticked up another 4 percent over the past week with typical seasonality in play. As such,…