Number of Homes on the Market in San Francisco Jumps

Number of Homes on the Market in San Francisco Jumps

Driven by a dramatic slowdown in sales while listing activity has since rebounded, the number of homes on the market in San Francisco has jumped 35 percent over the past two weeks to 830, which is 26 percent more than at the same time last year and a 9-year... Read More »

Price Cuts Tick Up Along with Inventory Levels in San Francisco

With listing activity back on the rise in San Francisco and the number of homes on the market nearing a 9-year high, the percentage of active listings with at least one official reduction – which doesn’t include properties that were withdrawn from the MLS and then re-listed with a... Read More »

Crime Is Down Around New Navigation Center Site

Crime Is Down Around New Navigation Center Site

With three full months of data in hand, the central argument of the group which had vocally opposed the opening of the Embarcadeo Navigation Center upon the Port’s parking lot parcel known as Seawall Lot 330, adjacent to the Watermark and across from Piers 30-32, has been rendered moot,... Read More »

Mortgage Rates Holding Near All-Time Lows

Mortgage Rates Holding Near All-Time Lows

While the average rate for a benchmark 30-year mortgage has inched up 5 basis points (0.05 percentage points) over the past two weeks to 3.28 percent, it’s effectively holding around its all-time low of 3.23 percent and remains 79 basis points below its mark at the same time last... Read More »

Supersized Hayes Valley Project Redesigned, Closer to Reality

Supersized Hayes Valley Project Redesigned, Closer to Reality

As we first reported early last year: The little four-unit building at 630 Octavia Street and its adjacent parcel, which is currently used as a parking lot, recently traded hands for what would appear to be a total contract price of $4.6 million. A few years ago, plans to... Read More »

Big Central SoMa Project Granted Key Exemption, But…

Big Central SoMa Project Granted Key Exemption, But…

As we outlined earlier this year: The proposed mass redevelopment of 12 contiguous Central SoMa parcels stretching from 400 Second Street to 665 Harrison, a.k.a. the One Vassar project, has just qualified for a streamlined environmental review and could break ground as early as next year if approved, with... Read More »

Drop in Home Sales Driving Inventory Levels Up

In a move which shouldn’t catch any plugged-in readers by surprise, there are now more homes on the market in San Francisco than there were at the same time last year. In fact, inventory levels in the city are approaching a nine-year high which we’ll breakdown next week. And... Read More »

Tower Team Sued for Potential Loss of Spectacular Views (UPDATED)

Tower Team Sued for Potential Loss of Spectacular Views (UPDATED)

As noted by a plugged-in tipster, the buyers of a $5.85 million, two-bedroom unit on the 55th floor of the new tower at 181 Fremont Street have just filed suit against the tower’s development team, agents and brokers involved in the sale back in late 2016, claiming fraud, deceit... Read More »

Inventory Levels Poised to Jump in San Francisco

While the number of homes listed for sale in San Francisco plummeted at the end of March, following the issuance of San Francisco’s original stay-at-home order, inventory levels were already back to within 5 percent of their levels at the same time last year as of earlier this week,... Read More »

520-Foot-Tall Hub Tower Closer to Reality, With Fewer Units

520-Foot-Tall Hub Tower Closer to Reality, With Fewer Units

With the proposed framework for rezoning San Francisco’s 84-acre Hub District, a.k.a. the “Market Octavia Plan Amendment,” closer to reality and the City finishing up construction on their new building at 1500 Mission, the plans for a 520-foot-tall tower to rise at 30 Van Ness are getting closer to... Read More »