Number of Homes for Sale in San Francisco Inches Up

With the number of homes newly listed for sale over the past two weeks having outpaced sales, the listed inventory of homes on the market in San Francisco has ticked up 3 percent to 625, which is 2 percent more than at the same time last year and 36... Read More »

Modern Silicon Valley Mansion Finally Fetches $1,300 Per Foot

Modern Silicon Valley Mansion Finally Fetches $1,300 Per Foot

Having hit the market priced at $29.8 million early last year, touting nine Feng Shui selling points, the modern Atherton mansion at 96 Ridge View Drive has finally fetched a $21 million contract price. Designed by Stanley Saitowitz and sited on a 1.6-acre parcel with views to San Francisco,... Read More »

Ghirardelli Garage Redevelopment Closer to Reality

Ghirardelli Garage Redevelopment Closer to Reality

As we first outlined early last year: Plans to level the two-story Ghirardelli garage at 915 North Point have been in the works since 2016. And as now formally proposed, two four-story buildings could rise up to 40 feet in height across the L-shaped site which fronts (2935) Larkin... Read More »

Take Two for a Previously Flipped Nob Hill Condo

Take Two for a Previously Flipped Nob Hill Condo

Purchased for $1.74 million in May of 2015, renovated (“including all new kitchen, all new bathrooms, a lighting system, hardwood floors and window coverings”) and then successfully flipped for $2.255 million in March of 2016, the 1,789-square-foot unit #202 at 1150 Sacramento Street returned to the market listed for... Read More »

More Storage for Stuff as Envisioned, with a Rooftop Twist

More Storage for Stuff as Envisioned, with a Rooftop Twist

Plans to demolish the existing “Stop & Stor” self-storage facility at 2285 Jerrold Avenue, which is primarily composed of re-purposed shipping containers set on a 68,000-square-foot corner lot in the Production, Distribution and Repair (PDR) zone of western Bayview, are in the works.   As proposed, a new 6-story... Read More »

Benchmark Mortgage Rate Ticks Up, Odds of an Easing Jumps

Benchmark Mortgage Rate Ticks Up, Odds of an Easing Jumps

The average rate for a 30-year mortgage inched up 3 basis points over the past week to 4.20 percent, which is up 14 basis points since the end of March but 38 basis points below the average rate at the same time last year (4.58 percent), according to Freddie... Read More »

Dramatically Reduced Former Consulate Fetches $15.85M

Dramatically Reduced Former Consulate Fetches $15.85M

Having hit the market at the end of 2016, priced to “define the city’s high end with a $22-million price tag,” the former Egyptian Consulate at 3001 Pacific Avenue has finally sold with a $15.85 million contract price. Designed by Bliss & Faville and built following the Great Quake... Read More »

Pace of New Home Sales in the U.S. Is Up, Median Price Down

Pace of New Home Sales in the U.S. Is Up, Median Price Down

Having gained an upwardly revised 5.9 percent in February, the pace of new single-family home sales in the U.S. ticked up another 4.5 percent in March to a seasonally adjusted rate of 692,000 sales which is 3.0 percent above the pace of sales at the same time last year.... Read More »

Modern Bayview Development on the Boards

Modern Bayview Development on the Boards

Plans to raze the dilapidated storage shed which currently spans four underdeveloped Bayview parcels on the corner of 3rd Street and Thornton Avenue have been drafted. As envisioned, the four parcels (5210-5216 3rd Street) would be merged. The corner billboard would be demolished. And a modern five-story development would... Read More »

Renovated Victorian Fetches 7 Percent over its 2017 Price

Renovated Victorian Fetches 7 Percent over its 2017 Price

Purchased for $3.4 million in June of 2017, having been remodeled in 2015, the “meticulously re-designed” Victorian at 2385 Bush Street, a three bedroom, three and one half bath Lower Pacific Heights, two blocks from Fillmore Street, returned to the market listed for $3.595 million last month. The home’s... Read More »