Mission District Corner in Play

Mission District Corner in Play

Plans to convert the former used car lot turned Firepie parcel on the northeast corner of Valencia and Cesar Chavez have been drafted. And as envisioned by Kerman Morris Architects, a six-story, 32,000-square-foot building could rise up to 65 feet in height on the skinny site and yield 23... Read More »

House of Light Returns Listed for a Million More

House of Light Returns Listed for a Million More

Having hit the market priced at $8.5 million in 2016, the award-winning “House of Light,” which was designed by the late modernist architect John Thodos and built on a wooded Menlo Park parcel back in 2010, ended up selling for $5,537,500, or roughly $1,099 per square foot, last year.... Read More »

Plans to Convert Podium Parking into Dwelling Units

Plans to Convert Podium Parking into Dwelling Units

There are currently 228 parking spaces in the podium of the 227-unit Bay Towers building at 388 Beale Street, the majority of which are tucked away behind the vented semi-circles on the third and fourth floors of the 20-story building which was developed in 1999. But plans to remove... Read More »

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

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

Having jumped an upwardly revised 20.9 percent in June, the pace of new single-family home sales in the U.S. dropped 12.8 percent in July to a seasonally adjusted rate of 635,000 sales, which is still 4.3 percent above the pace of sales at the same time last year. At... Read More »

City Seeking Another Interim Use for an Affordable Housing Site

City Seeking Another Interim Use for an Affordable Housing Site

As with the fenced corner parcel at 7th and Brannan, the Mayor’s Office of Housing and Community Development is now seeking proposals for a self-sustaining “interim use” of the underdeveloped 8,777-square-foot parcel at 967 Mission Street, between 6th and Mary, down in SoMa. It was back in 2015 that... Read More »

Mortgage Rates Continue to Drop, Odds of an Easing Slip

Mortgage Rates Continue to Drop, Odds of an Easing Slip

The average rate for a 30-year mortgage dropped another 5 basis points over the past week to 3.55 percent, which is down 139 basis points (1.39 percentage points or 28.1 percent) since the fourth quarter of last year and within 13 basis points of a three-year low. At the... Read More »

Number of Homes for Sale in SF Is About to Jump

Number of Homes for Sale in SF Is About to Jump

With a typical seasonal nadir now a week away, the number of homes listed for sale in San Francisco has ticked down to 530, which is 4 percent fewer than at the same time last year, driven by a drop in listing activity along with an uptick in sales.... Read More »

Landmark Doelger Building Back on the Market

Landmark Doelger Building Back on the Market

Built for Henry Doelger back in 1932, the now landmarked Art Deco building with a Streamline Modern addition at 320-326 Judah Street served as the headquarters, warehouse and sales office for the San Francisco builder extraordinaire into the 1950s. Purchased out of probate for $1.45 million in 2012 and... Read More »

Pace of Existing Home Sales in the U.S. Ticks Up 2.5 Percent

Pace of Existing Home Sales in the U.S. Ticks Up 2.5 Percent

Having slipped 1.7 percent in June, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 2.5 percent in July to an annual rate of 5.42 million transactions which is now 0.6 percent above its mark at the same time last year, according to the National Association... Read More »

Supersized West Oakland Project Redesigned, Slated for Approval

Supersized West Oakland Project Redesigned, Slated for Approval

Facing continued pushback from Oakland’s Planning Department with respect to the “monotonous and bulky massing,” the lack of a “rich public-private interface” and a lackluster tower design for the proposed 1,032-unit “Hub” development to rise upon the 3-acre Caltrans lot across from The Crucible, a block from the West Oakland BART... Read More »