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Latest Posts

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 Index Versus Reality for Another “Over Asking!” Sale
Apples To Apples Bay Buildings Design & Architecture Neighborhoods Real Estate Economics Trends

Massive Dolores Park Light House Condo Just Sold for $2M Less

April 17, 2023

As we outlined last year, 93 Cumberland Street is one of the four massive “Light House” condos that were created when the former Second Church of Christ at 651 Dolores…

Breaking News Bubble (Or Not) Industry Stuff Listings (for sale) Real Estate Economics Trends

50 Percent More Single-Family Homes on the Market in S.F.

April 14, 2023

We’ll run the full breakdown on Monday, but having atypically ticked down last week, the net number of single-family homes on the market in San Francisco has since ticked back…

Breaking News Commercial Industry Stuff Real Estate Economics Trends

As Office Vacancy Rate Climbs, Another Shoe Is Poised to Drop

April 13, 2023

The effective office vacancy rate in San Francisco ticked up to just under 25 percent in the first quarter of this year, representing over 21 million square feet of vacant…

Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Holding Firm at Over 6 Percent

April 13, 2023

The average rate for a benchmark 30-year mortgage effectively held over the past week, inching down 1 basis point (0.01 percentage point) from 6.28 to 6.27 percent. As such, the…

About SocketSite™ Design & Architecture Industry Stuff Neighborhoods Real Estate Economics Remodeling and Renovation Trends

Updated Richmond District Pad Fetches Its Pre-Pandemic Price!

April 12, 2023

Purchased for $2.78 million in May of 2019, the remodeled three-story, roughly 2,800-square-foot home at 591 18th Avenue, an “ideal location near Golden Gate Park, shopping, and freeways for the…

Industry Stuff Real Estate Economics Trends

Home Buying Activity Rebounds, Only Down 31 Percent YOY

April 12, 2023

With the average rate for a benchmark 30-year mortgage having ticked down to a 2-month low, the volume of applications to secure a purchase mortgage loan for a home in…

Apples To Apples Bubble (Or Not) Design & Architecture Industry Stuff Listings (for sale) RealRecentReductions Remodeling and Renovation Seemingly Random Trends

Refined Pac Heights Home Reduced, Nearly to Its 2017-Era Price

April 11, 2023

Purchased for $9.7 million in July of 2017, the nearly 6,900-square-foot, six-bedroom Pacific Heights at 3149 Washington Street, which had been completely restored and remodeled to yield “unparalleled luxury and…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Inventory Levels Atypically Dip in San Francisco, But…

April 11, 2023

The net number of single-family homes and condos on the market in San Francisco ticked down 4 percent over the past week, versus typically ticking up by the same amount,…

Apples To Apples Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Updated Top Chef Home Reduced, Now Listed at a Loss

April 10, 2023

Purchased for $3.7 million in early 2018, the very first ‘Top Chef’ home at 3159 Baker Street in San Francisco has since been updated a bit, including a refresh of…

Apples To Apples Design & Architecture Industry Stuff Neighborhoods Real Estate Economics Trends

Apples-to-Index for that Modern Hayes Valley Lily Pad

April 10, 2023

As we outlined last month: Purchased as new for $1.775 million in May of 2010, which was below asking and near the bottom on the Great Recession era market, the…

Posts pagination

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Recent Reader Activity
  1. Brahma (incensed renter) on Dolores Park Light House Condo Listed for a Million Less

    I completely agree, and if you're looking for a natural test of whether or not the extremely heated market dynamics…

  2. Brahma (incensed renter) on 141 Below Market Rate Modular Studios Even Closer to Reality

    We now have two more recent data points. Tahanan Supportive Housing (at 833 Bryant St.) completed in winter 2021, was…

  3. Brahma (incensed renter) on Beaux Arts Beauty Suddenly Back on the Market

    Maybe the seller knew what they had, didn't want to take a more than $1 million haircut and was willing…

  4. Brahma (incensed renter) on Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less

    The one-bedroom, one bathroom 719 Larkin #705 sold for $690,000 in November of 2019, conforming to building and neighborhood comps…

  5. Aaron Goodman on Parkmerced: From The Plans To Develop, To The Plans To Preserve

    Gabriel Metcalf should apologize, 6 national organizations signed a memo against the destruction of Parkmerced, and to date they have…

  6. Notcom on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    And don't forget the simultaneous implosion of the The California College of the Arts (CCA)...guess that move to SF wasn't…

  7. The Milkshake of Despair on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    The Academy of Art is a reminder of what the city has lost with the San Francisco Art Institute. The…

  8. Brahma (incensed renter) on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    Here we are, more than six years later, and in a story datelined May 11, 2026 (Academy of Art sells…

  9. Notcom on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    Noted. But of course I'm more interested in (what passes for) journalism over at the 'Standard'": consider this remarkable -…

  10. Brahma (incensed renter) on Coveted LEED Condo Listed Below its 2015 Price

    Wound up closing at asking 39 days after the above post. Then something happened which appeared on the MLS like…

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