Pace of New Home Sales Drops Despite Inventory Gains
Having bounced in August, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 10.9 percent in September to an annualized rate of 603,000 sales, which is…
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Drop in Bay Area House Values Is Really Accelerating
Having dropped 3.5 percent in July, 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…
Bernal Heights Dwelling Appreciated 1.5 Percent per Year
As we highlighted last month: Purchased for $1.5 million in November of 2013, the 1,253-square-foot Dwell-ing at 330 Banks Street resold for $1.7 million in February of 2017, representing total…
Office Vacancy Rate in Oakland’s City Center Ticks Over 33%
Having ticked down from 18.1 percent at the end of last year to 16.3 percent three months ago, the office vacancy rate in the East Bay, not including Walnut Creek…
Nearly 40 Percent of Active Listings in S.F. Have Been Reduced
While the net number of homes on the market in San Francisco (i.e., inventory) is holding at an effective 12-year high, having peaked a few weeks ago, as projected, the…
Can You Spot the “Buildable” Million Dollar Lot?
Having just hit the market for one million dollars and positioned as a “unique and irregularly shaped interior lot…located in the beautiful Richmond District,” a lot that “IS buildable” and…
Bay Area Employment Holds, Inches Down in San Francisco
While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in September, net employment inched down by 600 last month to…
Light-Filled Inner Mission Loft Approaches Its 2014 Price
Purchased for $711,000 in November of 2013, the one-bedroom unit #17 at 350 Alabama Street, a “light-filled oasis with views to the west and Twin Peaks” in the “vibrant and…
Existing Home Sales and Median Price Drop
Having slipped in August, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 1.5 percent in September to an annual rate of 4.71 million sales, which…
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Reductions, Rent and a Harsh Reality
Purchased for $1.650 million in July of 2016, the 1,366-square-foot, two-bedroom unit #7E in the Lumina tower at 201 Folsom Street, an interior facing unit with “peaceful garden views,” returned…