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Breaking News Bubble (Or Not) East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Index for Bay Area Homes Has Dropped 17%, Trending Down

March 28, 2023

The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked down another 1.3…

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

Inventory Ticks Up in San Francisco as Home Sales Decline

March 27, 2023

While the net number of homes on the market in San Francisco had been holding at a seasonally adjusted 10-year high, inventory levels ticked up 7 percent over the past…

Breaking News Real Estate Economics Trends

Benchmark Mortgage Rate Drops, Poised to Tick Down

March 24, 2023

Measured prior to yesterday’s quarter-point rate hike by the Fed, the average rate for a benchmark 30-year mortgage had dropped another 18 basis points (0.18 percentage points) over the past…

Real Estate Economics Trends

New Home Sales and Median Sale Price Tick Up, But…

March 23, 2023

Having been revised down over the past quarter in the absolute, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.1 percent last month to…

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

Bay Area Employment Drops, Trending Back Down

March 22, 2023

Having ended 2022 nearing its pre-pandemic peak, the net number of people living in San Francisco with a paycheck dropped by 5,400 in January to 560,600 as the impact of…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Pending Home Sales in San Francisco Down Nearly 45 Percent

March 21, 2023

As we outlined yesterday, while the net number of homes on the market in San Francisco (i.e., inventory) is currently unchanged, month-over-month and year-over-year, it’s not due to a jump…

Breaking News Listings (for sale) Real Estate Economics RealRecentReductions Trends

Number of Homes for Sale in S.F. Holds, Reductions Jump

March 20, 2023

While the net number of homes on the market in San Francisco has held over the past month and now year-over-year, it’s important to understand that the “holding pattern” is…

As Proposed City Planning Design & Architecture Industry Stuff Neighborhoods New Developments

More Height for Market-Rate Tower Closer to Reality

March 17, 2023

As we revealed at the end of last year, a modification to the approved plans for Related California’s 365-foot-tall tower to rise on the parking lot parcel at 98 Franklin…

Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Ticks Down to 6.6 Percent, But…

March 16, 2023

With all the volatility in the financial markets, the average rate for a benchmark 30-year mortgage ticked down 13 basis points (0.13 percentage points) over the past week to 6.60…

Industry Stuff New Developments Real Estate Economics Trends

Pace of New Home Sales Slips Despite More Activity/Discounts

March 16, 2023

Driven by discounting and concessions, as home builders are more “motivated to sell homes in their construction pipeline,” versus existing-home owners that might try to hold out for last year’s…

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

Index for Bay Area Homes Has Dropped 17%, Trending Down

Inventory Ticks Up in San Francisco as Home Sales Decline

Benchmark Mortgage Rate Drops, Poised to Tick Down

New Home Sales and Median Sale Price Tick Up, But…

Bay Area Employment Drops, Trending Back Down

Pending Home Sales in San Francisco Down Nearly 45 Percent

Number of Homes for Sale in S.F. Holds, Reductions Jump

Benchmark Mortgage Rate Ticks Down to 6.6 Percent, But…

Pace of New Home Sales Slips Despite More Activity/Discounts

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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