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Latest Posts

Pace of Home Sales in San Francisco Drops Asking Rents in San Francisco Are Ticking Up, But… Benchmark Mortgage Rate Poised to Inch Down Asking Rents in Oakland Tick Up, Down Year-Over-Year Index Versus Reality for Another “Over Asking!” Sale
Industry Stuff Real Estate Economics Trends

Mortgage Application Volume Drops Back Down to a 22-Year Low

July 20, 2022

Mortgage loan application volumes in the U.S. dropped 6.3 percent on a seasonally adjusted basis last week, with a 7 percent seasonally adjusted drop in purchase mortgage activity, which was…

Breaking News Industry Stuff Real Estate Economics Trends

Purchase Activity for New Homes Drops Despite (Much) More Inventory

July 19, 2022

Despite the fact that the number of new homes on the market across the U.S. is up nearly 35 percent on a year-over-year basis to a 14-year high, mortgage loan…

Commercial Industry Stuff Neighborhoods Real Estate Economics Trends

Office Vacancy Rate in S.F. Was Holding at a Pandemic High

July 18, 2022

Having hit a pandemic high of 21.7 percent in the first quarter of 2022, the effective office vacancy rate in San Francisco was unchanged in the second quarter of this…

Breaking News Industry Stuff Real Estate Economics Trends

Specter of an Even Bigger Rate Hike Looms

July 15, 2022

Having dropped half a percentage point from its 13-year high of 5.81 percent last month, driven by increasing concerns of a recession and hard landing, the average rate for a…

Breaking News Industry Stuff Real Estate Economics Trends

Purchase Mortgage Activity Drops, Average Loan Size as Well

July 13, 2022

Having inched up from a 22-year low last month, Mortgage loan application volume in the U.S. ticked down 1.7 percent on a seasonally adjusted basis last week, including a 4…

Breaking News Listings (for sale) Real Estate Economics RealRecentReductions Trends

Number of Homes for Sale in S.F. Up Over 35 Percent YOY

July 11, 2022

With an ongoing slowdown in the pace of sales, the net number of homes on the market in San Francisco ticked up 9 percent over the past week and is…

Breaking News Real Estate Economics Trends

Pending Home Sales in San Francisco Continue to Drop

July 11, 2022

Despite a marked increase in inventory, which has been up over 30 percent on a year-over-year basis over the past two months, the number of single-family homes and condos in…

Apples To Apples Bay Buildings Design & Architecture Industry Stuff Listings (for sale) Neighborhoods RealRecentReductions Trends

Contemporary One-Bedroom Condo Slips Below Its 2016 Price

July 8, 2022

Purchased for $650,000 in March of 2016, the 545-square-foot, one-bedroom unit #206 at 870 Harrison Street, which was built by JS Sullivan in 2015 and features “floor-to-ceiling windows with an…

Breaking News Real Estate Economics Trends

Benchmark Mortgage Rate Drops Over Half a Point, But…

July 7, 2022

Having hit 5.81 percent two weeks ago, which was the highest average rate since November of 2008 and above-average over the past 30 years, the average rate for a benchmark…

As Proposed Bay Buildings Commercial Design & Architecture Industry Stuff Neighborhoods

IKEA’s Redevelopment of Mid-Market Center Closer to Reality

July 6, 2022

Following a couple of false starts and mis-reports, the formal application to proceed with the conversion of the ill-fated and long-vacant “6×6 San Francisco” shopping center at 945 Market Street…

Posts pagination

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Recent Reader Activity
  1. Fact on Pace of Home Sales in San Francisco Drops

    What's the status update on socket site? AI chatbots still on strike?

  2. Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less

    152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…

  3. Brahma (incensed renter) on “Full(er) House” Home Back on the Market

    Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…

  4. Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops

    Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…

  5. Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced

    Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…

  6. Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank

    Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…

  7. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…

  8. steve on Prominent Nob Hill Corner Closer to Proposed Reality

    I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…

  9. Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops

    It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…

  10. Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality

    Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…

You missed

Breaking News Industry Stuff Real Estate Economics Trends

Pace of Home Sales in San Francisco Drops

July 15, 2024
Breaking News Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in San Francisco Are Ticking Up, But…

July 12, 2024
Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Poised to Inch Down

July 11, 2024
Breaking News East Bay Industry Stuff Real Estate Economics Rentals Trends

Asking Rents in Oakland Tick Up, Down Year-Over-Year

July 10, 2024

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