Pace of Home Sales in San Francisco Continues to Drop
Despite the fact that inventory levels are significantly higher and asking prices have dropped, the number of homes in contract to be sold across San Francisco is down over 30…
Stickiness of Home Prices in San Francisco Is Slipping
Having dropped to its lowest level in five years last week, the average price per square foot of the homes which are in contract in San Francisco, which is a…
Mortgage Rates Inch Up, Odds of More Rate Hikes As Well
While mortgage application volume dropped to a quarter century low at the end of 2022, despite a pullback in mortgage rates in the fourth quarter of last year, the average…
Re-Revised Plans for Building Up on Geary Closer to Reality
As we outlined a few years ago, there was a fundamental problem with the proposed plans for a bonus-sized, 9-story development of “group housing” units to rise up to 89…
Price for Over 14 Acres of Paradise Reduced Nearly 70 Percent
Positioned as “the largest remaining undeveloped residential waterfront parcel in Marin County, and possibly the entire San Francisco Bay Area,” the 14.5-acre parcel at 2800 Paradise Drive in Tiburon, a…
Mortgage Application Volume Ended 2022 Near a 30-Year Low
With the seasonally adjusted volume of applications for purchase mortgage loans across the U.S. having dropped 12 percent over the last two weeks of last year, purchase mortgage application volume…
Supersized Plans for Proposed SoMa Tower Now in Play
While the City had balked at the proposed height of a 350-foot-tall tower to rise upon the former K&L Wine Merchants building parcel at 636 4th Street, after which plans…
Expectation Gap Widens in San Francisco
Despite the fact that the average list price per square foot of homes on the market in San Francisco is already 10 percent lower than at the same time last…
Contemporary Two Trades for Over $200K Below Its 2014 Price
Purchased for $1.2 million in April of 2014, the 989-square-foot, two-bedroom unit #808 in the Linea development at 8 Buchanan, a south facing unit with “soaring views,” separated bedrooms, ample…
2022 Ends with Over 40% More Homes on the Market in S.F.
Having peaked in October, the net number of homes on the market in San Francisco has since dropped 50 percent with typical seasonality in play and driven by a pronounced…