SocketSite™

Bay Buildings Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Another Prestigious High-Rise Unit Drops Below Its 2016 Price

March 15, 2023

Purchased for $3.195 million in June of 2016, the 1,791-square-foot, three-bedroom, three-bath unit #30E in the LUMINA tower at 338 Main Street failed to resell when listed for only 3…

Breaking News Industry Stuff Real Estate Economics Trends

Mortgage Standards Tighten, Availability Drops to a 10-Year Low

March 14, 2023

As indexed by the Mortgage Bankers Association, mortgage credit availability in the U.S. dropped to its lowest level since January of 2013, with “all loan types seeing declines in availability…

Apples To Apples Design & Architecture Neighborhoods Real Estate Economics RealRecentReductions Remodeling and Renovation Trends

Exquisite Russian Hill Home Slips Below Its Pre-Covid Price

March 13, 2023

Having been “exquisitely renovated…with the finest materials, fixtures, and finishes, including the meticulous preservation of period details,” the 3,225-square-foot, four-bedroom Russian Hill home at 45 Glover Street, which includes a…

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

Buyers and Sellers are Squaring Off in San Francisco

March 13, 2023

While 35 percent fewer condos and single-family homes have been newly listed for sale over the past week and month than over the same periods of time last year, the…

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

Modern Hayes Valley Lily Pad Back on the Market for $3.6M

March 10, 2023

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 2,800-square-foot “modern Hayes Valley sanctuary”…

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

Benchmark Mortgage Rate Ticks Back Over 6.7 Percent

March 9, 2023

Following a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 8 basis points (0.08 percentage points) over the…

Breaking News Industry Stuff Real Estate Economics Trends

Home Buying Activity Ticks Up, But…

March 8, 2023

The volume of applications to secure a purchase mortgage loan for a home in the U.S. ticked up 9 percent in the absolute last week, representing a 7 percent increase…

As Proposed City Planning Design & Architecture Industry Stuff Neighborhoods

Revised Plans for Supersized Tower Closer to Potential Reality

March 7, 2023

As we revealed earlier this year, plans for a supersized 522-unit tower to rise up to 451-feet in height upon the former K&L Wine Merchants building parcel at 636-638 4th…

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

Inventory Ticks Up in San Francisco, Asking Prices Down

March 6, 2023

Once again, despite a pronounced slowdown in the relative number of condos and single-family homes that have been newly listed for sale over the past three weeks, a slowdown that…

Industry Stuff Real Estate Economics Rentals Trends

Average Asking Rent in San Francisco Inches Up, Inflation Slows

March 3, 2023

The weighted average asking rent for an apartment in San Francisco inched up less than a percent in February to $3,575 per month, which is 7 percent higher than at…

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

Another Prestigious High-Rise Unit Drops Below Its 2016 Price

Mortgage Standards Tighten, Availability Drops to a 10-Year Low

Exquisite Russian Hill Home Slips Below Its Pre-Covid Price

Buyers and Sellers are Squaring Off in San Francisco

Modern Hayes Valley Lily Pad Back on the Market for $3.6M

Benchmark Mortgage Rate Ticks Back Over 6.7 Percent

Home Buying Activity Ticks Up, But…

Revised Plans for Supersized Tower Closer to Potential Reality

Inventory Ticks Up in San Francisco, Asking Prices Down

Average Asking Rent in San Francisco Inches Up, Inflation Slows

You missed

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