High-End Jackson Square Condo Trades Down Over $300K
As we outlined back in April: Purchased for $2,305,000 in February of 2019, the two-bedroom, two-bath unit #3G at 288 Pacific Avenue, across from The Battery in Jackson Square, returned…
Mortgage Application Volume Drops to a 25-Year Low
With the benchmark 30-year mortgage rate having hit a 20-year high but still running below its long-term average, mortgage loan application volume in the U.S. dropped another 4 percent over…
New Home Demand Drops Despite Rise in Supply
While the seasonally adjusted pace of new single-family home sales in the U.S. rebounded in August to an annualized pace that was effectively even with the same time last year,…
Plans for Pac Heights Mega-Mansion Took a Big Hit
On the market for $29.5 million last year, the Pacific Heights mansion and permits to expand at 2950 Pacific Avenue has just sold for $17 million. Acquired from Mark and…
Home Sales Down, Inventory and Reductions Up in S.F.
Having effectively peaked a couple weeks ago, as projected, the net number of homes on the market in San Francisco (i.e., inventory) remains 20 percent higher than at the same…
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Amazing Eureka Valley Home Trades for $325K Less
As we outlined last month: Speaking of price reductions in San Francisco and a decline in the price per square foot, the list price for the single-family home at 4540…
Boutique Loft Officially Sold for “Over Asking,” But…
The multi-level South Beach loft unit #5 at 340 Ritch Street, which features dual catwalks, designer finishes and a private sunroom with access to the building’s rooftop deck, returned to…
Enough Empty Office Space for over 150,000 People in S.F.
As we outlined earlier this week, the amount of vacant office space in San Francisco has just hit a new pandemic high of 19.9 million square feet. For context, the…
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Where Does Laidley Lay?
Hidden behind a relatively modest but sleek façade on “a coveted block of prestigious Laidley Street,” which offers panoramic downtown views, the now four-bedroom home at 131 Laidley was redeveloped…
Timing for Approved 966-Unit Development Pushed Back
Deemed an Environmental Leadership Development Project by Governor Brown back in 2018, which limited the scope and timeline for any EIR-based challenges of the project, the plans for a 55-story…