Number of Homes for Sale in San Francisco Up 30 Percent YOY
Driven by a pronounced slowdown in the pace of sales, the net number of homes on the market in San Francisco is currently 30 percent higher than at the same…
Pending Home Sales in San Francisco Down Nearly 30 Percent
As we outlined at the end of May: Having slipped in April, representing an atypical decline in activity in the midst of the traditional spring buying/selling season, the number of…
Entry-Level Condo Reduced to Over 20% Under Its 2018 Price
Speaking of significantly sub-2018 pricing, but at the other end of the market, the one-bedroom, one-bath unit #606 at 1075 Market Street (“Stage 1075”) measures 672 square feet, with an…
Benchmark Mortgage Rate Ticks Back Up, Poised to Climb
Having inched down to 5.09 percent last week, the average rate for a conforming 30-year mortgage has since ticked back up to 5.23 percent which is back to within 7…
Mortgage Application Volume in the U.S. Drops to a 22-Year Low
Mortgage loan application volume dropped another 6.5 percent last week on a seasonally/holiday adjusted basis and 17 percent in the absolute, with a 6 percent adjusted drop in applications to…
Apples To Apples
Bay Buildings
Listings (for sale)
RealRecentReductions
Remodeling and Renovation
Trends
High-End Condo Reduced to Over 30% Below Its 2018 Price
While not recorded on the MLS, the three-bedroom, three-bath unit #60A at 181 Fremont Street appears to have been purchased for $5,772,672 in May of 2018, based on our review…
Sale of Telegraph Hill Hillside and Bigger Plans Pending, Again
As we outlined back in 2018: With the list price for the 120-foot-wide chunk of Telegraph Hill’s hillside which fronts Sansome Street, below the homes at the end of Alta…
Number of Homes for Sale in San Francisco Up Nearly 40 Percent
The net number of homes on the market in San Francisco ticked another 6 percent over the past week from what was already a higher 11-year seasonal high to nearly…
Asking Rents in Oakland Tick Up, Discount to S.F. as Well
Having held in March and April, the weighted average asking rent for an apartment in Oakland ticked up one (1) percent in May to $2,475 a month. As such, while…
Mass Timber Addition Proposed for Project on the Rise
As we revealed last year: Plans to merge the two Central SoMa parcels at 952-960 Howard Street, demolish everything but the façade of the 100-year-old, single-story industrial building at 960…