New Plans for Approved Swoopy Tower Site and Development
While the plans for two swoopy towers to rise up to 425 feet in height on the northeast corner of 4th and Townsend were approved back in 2019, the ground…
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RealRecentReductions
Be Best for Over 20 Percent Less
Purchased for $3.295 million in June of 2016 and then rented out for what would appear to be around $8,000 per month, the two-bedroom, two-bath unit #34C in the Lumina…
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Index for Bay Area Home Values Has Dropped Nearly 12%
Having dropped 4.3 percent in August, 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…
Price per Square Foot in San Francisco Keeps Dropping
With a pronounced drop in sales and jump in reductions, the list price per square foot of the homes which are in contract across San Francisco, which is a leading…
Food for Thought 2022
Having been completely restored and remodeled to yield “unparalleled luxury and refinement,” the nearly 6,900-square-foot, six-bedroom Pacific Heights home with multiple living, dining and outdoor spaces; a guest suite, sauna…
Buyers are Borrowing/Paying Less for Homes
Mortgage loan application volume to finance the purchase of a home in the U.S. was only 41 percent lower on a year-over-year basis last week versus 46 percent lower the…
Pace of New Home Sales Ticks Up, Still Down
Having dropped in September, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 7.5 percent in October to an annualized rate of 632,000 sales, which…
Dogpatch Development on the Boards
Plans to raze the old Cresco equipment rental warehouse and equipment yard at 700 Indiana Street, between the Avalon Dogpatch dog park and the Dogpatch Arts Plaza, across from Esprit…
Reductions Jump, Price Per Square Foot Drops in San Francisco
While pending home sales are down nearly 50 percent in San Francisco, the number of homes on the market (i.e., inventory) is currently 35 percent higher than it was at…
Bay Area Employment Slips
While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in October with seasonal hiring for the holidays, net employment actually…