Apples-to-Apples to Index for Another Bernal Home
As we outlined a few weeks ago, the 4-bedroom Bernal Heights home at 600 Gates Street was taken down to the studs, completely remodeled, and then sold for $1.720 million…
Purchase Mortgage Activity Inches Up, Down Year-Over-Year
While mortgage loan application volumes in the U.S. dropped another 6.8 percent over the past week on a seasonally adjusted basis and 6 percent in the absolute, the decrease was…
Index for Bay Area House Values Gains, Condos Inch Up
Having ended last year up 18.8 percent, 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…
An Institution’s Parcel Is in Play
Home to Popeyes Louisiana Kitchen since 1986, the 2,000-square-foot building and parcel on the southwest corner of Divisadero and Hayes, which was purchased for $350,000 in 1988, is now on…
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Trends
S.F.’s Housing Pipeline Back to Within 2 Percent of Peak, But…
The number of units in San Francisco’s housing pipeline increased by nearly 3,000 in the fourth quarter of 2021 to 72,500, which effectively equals the pipeline count in the fourth…
Make that Nine and a Near Decade High
With the probability of the Federal Reserve raising interest rates by another two (2) full percentage points by the end of the year having jumped last week, the probability of…
Number of Homes on the Market in San Francisco Holds
With the current pace of home sales in San Francisco still down over 10 percent on a year-over-year basis, the net number of homes on the market (930) has effectively…
Plans for a Pac Heights Reversion and New Addition Proceed
As we revealed at the end of last year, plans to revert the 3,500-square-foot Pac Heights building at 2477 Washington Street, which was built as a single-family home in 1895,…
Bay Area Employment Back to 96 Percent of Pre-Pandemic Count
Having been downwardly revised, the net number of people living in San Francisco with a paycheck actually slipped by a thousand in January but then rebounded by 8,500 in February…
Pending Home Sales Drop, “Fast-Changing Conditions” Ahead
Having dropped 5.7 percent in January, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, “dwindled” another…