Bonus Plans for Infill Condos to Rise on Turk
Plans to redevelop the 6,000-square-foot parking lot at 530 Turk Street are in the works. And as envisioned by JS Sullivan Development and rendered by rg-Architecture below, an 11-story building…
From 2015 to 2022 at The Brannan with a Point Between
Purchased for $1,098,000 in December of 2015, the lower level two-bedroom, two-bath unit #1B at The Brannan, a “fully remodeled and upgraded” unit and “jewel of South Beach,” was listed…
Number of Homes for Sale in San Francisco Up, Sales Down
Having ticked back up to an 11-year seasonal high last week, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked up another 3…
Asking Rents in San Francisco Tick Up
The weighted average asking rent for an apartment in San Francisco ticked back up a (1) percent in April to $3,450 a month which is 13 percent higher than at…
Asking Rents in Oakland Hold
Having held in March, the weighted average asking rent for an apartment in Oakland was effectively unchanged in April as well, holding at just under $2,450 a month. As such,…
Pending Home Sales Continue to Drop, Nationally and Locally
Having “dwindled” 4.1 percent in February, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down…
Mortgage Applications Drop as Homebuyers Pull Back Even More
Mortgage loan application volumes in the U.S. dropped another 8.3 percent over the past week on a seasonally adjusted basis and 7 percent in the absolute, with a 9 percent…
Pace of New Home Sales Drops, Inventory Climbs
Having ticked down an upwardly revised 1.2 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 8.6 percent in March to an annualized…
Index for Bay Area House Values Up Nearly 23 Percent YOY
Having increased 2.4 percent in January, 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…
Inventory Levels Tick Back Up in San Francisco
Having ticked down last week, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked back up to an 11-year seasonal high, driven by…