SocketSite™

Apples To Apples Design & Architecture Industry Stuff Listings (for sale) Neighborhoods RealRecentReductions

Modern $10 Million Cow Hollow Home in Contract

April 21, 2023

Quietly purchased for $9.75 million in March of 2015, which was nearly 23 percent more than the home had fetched in 2012, despite the “short term hold” and it having…

Breaking News East Bay Marin (And Points North) Real Estate Economics San Jose (And South) Tech Trends

Bay Area Employment Inches Up, Unemployment Rate as Well

April 21, 2023

Having dropped by 5,400 at the beginning of the year, the net number of people living in San Francisco with a job has since ticked back up by 3,500 to…

City Planning Industry Stuff Listings (for sale) Neighborhoods Trends

Another Dormant Development Site Making the Rounds

April 21, 2023

Plans for bonus-sized development to rise up to 65 feet in height on the the shuttered Firestone Complete Auto Care shop at 2800 Geary Boulevard and yield 42 “light-filled” residential…

Breaking News East Bay Neighborhoods

Oakland A’s East Bay Ballpark Deal and Development Is Dead

April 20, 2023

The Oakland A’s have finalized a deal to purchase a 49-arce site off the Las Vegas Strip, across the freeway from the T-Mobile Arena and a little north of the…

Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Ticks Up, Odds of a Hike as Well

April 20, 2023

The average rate for a benchmark 30-year mortgage ticked up, not down, 12 basis points (0.12 percentage point) over the past week to 6.39 percent. As such, the average 30-year…

Commercial East Bay Industry Stuff Neighborhoods Real Estate Economics Trends

East Bay Office Landlords Trying to Hold Firm, But…

April 19, 2023

The office vacancy rate in the East Bay, not including Walnut Creek or further east, nor life science/lab space, which is a methodological change, ticked up 80 basis points in…

Breaking News Industry Stuff Real Estate Economics Trends

Home Buying Activity in the U.S. Drops

April 19, 2023

Having briefly rebounded last week, purchase mortgage application volume for existing homes in the U.S. has since dropped 9 percent in the absolute and 10 percent on a seasonally adjusted…

Apples To Apples Bay Buildings Real Estate Economics Trends

A Quick “Over Asking” Lumina Sale!

April 18, 2023

Listed for $899,000 last month, the bright Lumina Plaza unit #7C at 333 Beale Street, a 916-square-foot, one-bedroom unit with a den/office and extra half-bath, was in contract within two…

Industry Stuff Real Estate Economics Trends

New Home Purchase Activity Inches Up, Average Loan Size Down

April 18, 2023

Mortgage loan application volume for new homes across the U.S. ticked up 10 percent from February to March with typical seasonality in play. On a year-over-year basis, however, mortgage application…

Breaking News Industry Stuff Listings (for sale) Real Estate Economics Trends

Number of Homes on the Market in S.F. Trending Up, Sales Down

April 17, 2023

Having atypically ticked down earlier this month, the net number of single-family homes and condos on the market in San Francisco has since started to tick back up, driven by…

Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less
152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…
Brahma (incensed renter) on “Full(er) House” Home Back on the Market
Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…
Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced
Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…
Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank
Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…
steve on Prominent Nob Hill Corner Closer to Proposed Reality
I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Probably won't meaningfully decrease the amount of office space on the market. Google is pulling out of it's lease at…

Latest Posts

Modern $10 Million Cow Hollow Home in Contract

Bay Area Employment Inches Up, Unemployment Rate as Well

Another Dormant Development Site Making the Rounds

Oakland A’s East Bay Ballpark Deal and Development Is Dead

Benchmark Mortgage Rate Ticks Up, Odds of a Hike as Well

East Bay Office Landlords Trying to Hold Firm, But…

Home Buying Activity in the U.S. Drops

A Quick “Over Asking” Lumina Sale!

New Home Purchase Activity Inches Up, Average Loan Size Down

Number of Homes on the Market in S.F. Trending Up, Sales Down

You missed

Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year