CFAH

Modern Dolores Heights Infill Mansion Slated for Approval

Modern Dolores Heights Infill Mansion Slated for Approval

Purchased for $6.853 million in May of 2019, plans to raze the remodeled 2,317-square-foot Dolores Heights home at 376 Hill Street, along with its pool and 499-square-foot pool house, a detached one-bedroom unit which sits on the back of the home’s rare 7,300-square-foot lot, are in the works. And... Read More »

Delta Variant Stalls the Recovery in San Francisco

Delta Variant Stalls the Recovery in San Francisco

To quote a new report from San Francisco’s Office of the Controller and Economic Analysis, “the emergence of the Delta variant has stalled aspects of the city’s economic recovery,” with a pullback in the amount of time residents have spent outside their homes; another dip in office attendance; and... Read More »

Mortgage Rates Holding Near Record Lows

Mortgage Rates Holding Near Record Lows

The average rate for a benchmark 30-year mortgage, which inched up 10 basis points (0.10 percentage points) two weeks ago, has effectively held at 2.87 percent, which is 4 basis points below its mark at the same time last year and within 21 basis points of its all-time low.... Read More »

Problems for Skinny 13-Story Polk Gulch Building as Proposed

Problems for Skinny 13-Story Polk Gulch Building as Proposed

As we revealed back in June, plans for a skinny 13-story building to rise up to 130 feet in height on the northwest corner of Polk and Olive, across from the Mitchell Brothers O’Farrell Theater site, have been drafted.  And as envisioned by the project team, the development would... Read More »

Home Buying Activity in San Francisco Continues to Slow

Having peaked in April, the number of single-family homes and condos in contract to be sold across San Francisco has since dropped 25 percent, albeit with typical seasonality in play. And while there are still around 10 percent more homes in contract across San Francisco than there were at... Read More »

Renovated Beaux-Arts Beauty Hasn’t Moved Despite Big Cuts

Renovated Beaux-Arts Beauty Hasn’t Moved Despite Big Cuts

Purchased for $9.75 million in August of 2016, the interior of the fully renovated Nob Hill home at 1230 Sacramento Street has since been made over by Jonathan Adler, blending “the timeless and elegant original architectural details” of the Beaux-Arts residence, which was designed by Arthur J. Laib and... Read More »

New Home Inventory Up 26 Percent in the U.S., Sales Down

New Home Inventory Up 26 Percent in the U.S., Sales Down

While the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.0 percent in July to an annualized rate of 708,000 sales, the current pace of sales is over 27 percent lower than at the same time last year and down 29 percent since the... Read More »

West Oakland Déjà Vu

West Oakland Déjà Vu

Designed by Baran Studio Architecture and listed for “$849,000” in June of 2016, despite its nearly identical sister home with a yellow door having sold for $1.025 million the month prior, the sale of the modern West Oakland infill home at 864 Wood Street closed escrow with a contract... Read More »

Over 400K Bay Area Jobs Have Been Recovered, 248K Left to Go

Over 400K Bay Area Jobs Have Been Recovered, 248K Left to Go

Having increased by a downwardly revised 3,500 in June, the number of people living in San Francisco with a paycheck jumped by 12,200 in July to 532,400, representing the most employed residents in San Francisco since the pandemic hit and over 40,000 more employed residents in the city than... Read More »

Pace of Existing-Home Sales Ticks Up, Median Price Slips

Pace of Existing-Home Sales Ticks Up, Median Price Slips

The seasonally adjusted pace of existing-home sales across the U.S. ticked up 2.0 percent last month to an annual rate of 5.99 million sales, which was 1.5 percent higher than at the same time last year, according to data from the National Association of Realtors, but 12.6 percent lower... Read More »