Apples-to-Apples-to-Index for that Russian Hill Hideaway
As we outlined back in November of 2018: Originally designed by William Wurster and perched on the eastern slope of Russian Hill, the three-bedroom home at 1116 Greenwich Street, which…
Purchase Mortgage Activity in the U.S. Keeps Dropping
Mortgage loan application volume across the U.S. ticked down another 3 percent to a 41-month low over the past week, according to data from the Mortgage Bankers Association. Having ticked…
Index for Bay Area House Values Jumped in March
Having increased 3.7 percent in February, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and…
Pace of Home Sales in San Francisco Continues to Drop
Having slipped in April, representing an atypical decline in activity in the midst of the traditional spring buying/selling season, the number of single-family homes and condos in contract across San…
Average Asking Rent in S.F. Back Up to $3,500 a Month, But…
The weighted average asking rent for an apartment in San Francisco ticked up another 2 percent in May to $3,500 a month. As such, the average asking rent in the…
30-Year Rate Inches Down, 5-Year ARMs Hit a 12-Year High
Having hit 5.30 percent two weeks ago, representing a 670-week high, the average rate for a conforming 30-year mortgage has since ticked down 20 basis points (0.2 percentage points) to…
Pending Home Sales in the U.S. Are Nearing a Decade Low
Having ticked down 1.2 percent in March, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped…
Storied Venue Further Reduced Below Replacement Cost
As we outlined back in September of 2019: Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi…
Mission District Infill Development Slated to Be Entitled
The refined plans for a six-story building with 18 condos over a ground floor commercial space to rise on the Mission District parcel at 2955 Mission Street, upon which a…
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Nob Hill Project Site Hits the Market Touting Compound Potential
As we outlined earlier this year, an application to entitle the development of a modern 7-story, 24-unit building upon the Nob Hill corner parcel currently occupied by two single-family homes,…