Mortgage Activity in the U.S. Continues to Drop
Mortgage loan application volumes in the U.S. dropped another 6.3 percent over the past week on a seasonally adjusted basis and 6 percent in the absolute, according to data from…
Prominent Cultural District Corner on the Market in The Mission
While the single-story House of Brakes building/garage on the southeast corner of 24th Street and South Van Ness is a rather nondescript concrete structure, “with no discernable style,” the iconic…
Plans for Building Up in The Castro
Marketed as “a classic big-roomed Victorian with high ceilings plenty of original details, like crown moldings, built-ins, fireplaces, delightful floors,” with “an immense 2 bedroom in-law unit” on its lower…
Pace of Home Sales in San Francisco Slips
The number of single-family homes and condos in contract across San Francisco slipped a percent over the past week, representing an atypical decline in activity in the midst of the…
Number of Homes for Sale in S.F. Hits an 11-Year Seasonal High
Having hit a 10-year seasonal high last month, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked up another 3 percent, driven by…
Showcase Mansion Has Quietly Traded Hands
Acquired for $12 million by way of a forced bankruptcy sale in 2016 and then “dazzingly re-imagined for the 21st Century” to serve as the Decorator Showcase in 2019, the…
Rents Tick Up in San Francisco, Still Well Below Peak
Having slipped around 2 percent in February, the weighted average asking rent for an apartment in San Francisco ticked back up around 2 percent in March to $3,400 month, which…
Apples-to-Apples-to-Apples for Another Sleek Condo
Purchased for $579,000 in September of 2013, the “sleek” Stanley Saitowitz/Natoma Architects designed condo #205 at 2000 Ellis Street, “along the hip and bustling Divisadero Corridor with great restaurants, cafes,…
Benchmark Mortgage Rate Climbs, Nearing an 11-Year High
The average rate for a benchmark 30-year mortgage jumped another 25 basis points (0.25 percentage points) over the past week to 4.67 percent, which is 149 basis points, or nearly…
Asking Rents in Oakland Effectively Held in March
Having ticked down a little over 2 percent in February, the weighted average asking rent for an apartment in Oakland was effectively unchanged in March, holding at just under $2,450…