Over 40% More Sub-Million Dollar Homes on the Market in SF
While the net number of condos and single-family homes listed for sale in San Francisco (1,160) ticked down 2 percent over the past week, as is typical for the first…
Another Fully-Approved, Unbuilt Development Hits The Market
While plans to raze the shuttered Schwarz/Home/Engelhart sausage outlet at 1726-1730 Mission Street and develop a six-story building upon the Mission District site were approved back in 2017, and building…
Benchmark Mortgage Rate Plunges Back Under 5 Percent
Despite the Fed’s recent rate hikes, the average rate for a benchmark 30-year mortgage had plunged from 5.81 to 4.99 percent over the past six weeks, including a 31 basis…
Surreptitious Plans to Fell The Royal Oak
Opened in 1975 and shuttered by the pandemic, the Royal Oak bar and two-story building at 2201 Polk Street, on the northwest corner of Polk and Vallejo, hit the market…
Asking Rents in San Francisco Jump, Poised to Rise
Having hit $3,575 at the end of June, the weighted average asking rent for an apartment in San Francisco has since jumped another 5 percent to $3,750 a month, which…
Discounted San Francisco Shipyard Condo Trades Down
Priced by the sales office at $600,500, relative to the other units in the second wave of development at the San Francisco Shipyard, the list price for the 611-square-foot, one-bedroom…
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De-Mergified Home Trades for $4.5 Million
As we outlined, with graphics, back in January, at which point a pending sale of the “four-bedroom home” had been removed from the MLS: Purchased as a little two-unit building…
Inventory in San Francisco Is Up 30 Percent, Sales Drop
While the net number of single-family homes and condos for sale in San Francisco inched down a little under a percent over the past week to 1,180, inventory levels typically…
Fraudster’s Luxuriously Crafted Townhome Forfeited, Reduced
Purchased by a former Cisco Executive for $3.5 million in 2016 with funds that appear to have been acquired by way of an illegal kickback scheme, the 2,888-square-foot townhome unit…
Buyer Pool Shrinks, Pending Home Sales in the U.S. Down 20 Percent
Having inched up 0.7 percent in May, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped…