Pending U.S. Home Sales Index Hits Nine-Year High

The National Association of Realtors Pending Home Sales Index ticked up to 112.4 in April, up 3.4 percent from an upwardly revised 108.7 in March. The index, for which 100 denotes an average level of activity, is at its highest level since May of 2006 (at which point it... Read More »

Stinson Beach Compound On The Market For $18M

Stinson Beach Compound On The Market For $18M

The five-bedroom Stinson Beach home which sits on a double oceanfront lot at 266 Seadrift Road has hit the market listed for $18 million, but the eye-popping price does include the undeveloped lagoon-facing double lot across the road at 263 Seadrift (which was purchased for $565,000 in 2002) as... Read More »

Proposed Waterfront Condo Tower Cut To 20-Stories In Height

Proposed Waterfront Condo Tower Cut To 20-Stories In Height

Facing an uphill battle with neighborhood groups and a potential conflict with San Francisco’s Downtown Area Plan which calls for building heights to taper down to the shoreline of the Bay, “to avoid visual disruption along the water while preserving topography and views,” the proposed height of the residential... Read More »

Ballot Measure Would Notify Neighbors Of Airbnb Activity

The proposed ballot measure which would limit the short-term rental of any residential unit in San Francisco to a maximum of 75 days a year would also prohibit any in-law unit from ever being offered as a short-term rental and would require the City to notify neighbors of all... Read More »

Villa De Montaña Returns For Millions Less

Villa De Montaña Returns For Millions Less

On the market for $22.5 million prior to the crash, re-listed for $17 million in 2012 and reduced to $15 million in 2013, the 32-room Villa De Montaña which sits on over 20 acres in St. Helena overlooking the Napa Valley below is now back on the market for... Read More »

697-Square-Foot Carriage House Fetches $1,400 Per Foot

697-Square-Foot Carriage House Fetches $1,400 Per Foot

The modern 697-square-foot carriage house at 46 Mars, which is technically a condo as it shares a parcel with the house in front, has sold for $975,000 or $1,398 per square foot. While small in size, the carriage house is large in style and was renovated to make the... Read More »

Legislation To Close Eviction ‘Loophole’ Drafted

The merger or absorption of a non-permitted apartment back into the square footage of an existing house, a tactic which has been employed to re-establish properties as single-family homes in order to circumvent rent control and effectively evict tenants by raising their rents to market rates (or more) in... Read More »

Rincon Hill Tower Redesigned, But Not For Transit

Rincon Hill Tower Redesigned, But Not For Transit

The design for the proposed 17-story Rincon Hill development with 180 condos to replace the Sound Factory Club building at 525 Harrison Street has been refined by Solomon Cordwell Buenz for Hines. But the design for the project hasn’t been altered to accommodate a new Bay Bridge off-ramp to... Read More »

[Your Name Here]’s Sports Bar & Grill?

[Your Name Here]’s Sports Bar & Grill?

The bar has been listed for sale on the down low, without any identifying name, exterior pictures or address, but if you’ve ever been inside you might recognize it as Ted’s Sports Bar & Grill. And if you want to buy Ted’s, he’s asking $425,000. The price includes the... Read More »

Pace Of New U.S. Home Sales Gains, Slips In The West

Pace Of New U.S. Home Sales Gains, Slips In The West

Having dropped 11.4 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. gained 6.8 percent in April. New home sales in the U.S. are now running at an annual pace of 517,000. The current pace is 26.1 percent higher than at the same... Read More »

Park Hill Penthouse Listed For $100K Less Than Recent Sale

Park Hill Penthouse Listed For $100K Less Than Recent Sale

Built as St. Joseph’s Hospital in 1926, with a façade that was cast as the sanatorium in Alfred Hitchcock’s Vertigo, 355 Buena Vista Avenue East was converted to the Park Hill condominiums in 1986. And the Park Hill penthouse unit #701W which was purchased for $1.1 million three months... Read More »

Bay Area Home Values Jump, Condo Values Rocket To New High

Bay Area Home Values Jump, Condo Values Rocket To New High

Single-family home and condominium values within the San Francisco Metropolitan Area gained 3.0 and 4.5 percent respectively from February to March, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 10.3 percent higher on a year-over-year basis and is within... Read More »

Presidio Heights Pad Without Parking Sells For $9M

Presidio Heights Pad Without Parking Sells For $9M

Having hit the market listed for $11 million eight months ago, the sale of the 8,000 square-foot Presidio Heights home at 3636 Clay Street has closed escrow with a reported contract price of $9 million. Built in 1899 and having only traded hands a couple of times, the tax... Read More »

Auction Set For 750-Foot Transbay Tower Site

Auction Set For 750-Foot Transbay Tower Site

Located mid-block between First, Second, Howard and Natoma Streets, across from San Francisco’s Transbay Transit Center rising, Transbay Parcel F is zoned for building up to 750-feet in height and includes the potential for connecting any development on the site to the Transit Center’s 5.4 acre rooftop park by way of... Read More »

Employment In S.F. Continues To Climb

Employment In S.F. Continues To Climb

The number of people living in San Francisco with a job continues to climb and hit a new all-time high of 524,100 in April, an increase of 2,000 from the month before. There are currently 20,300 more people living in the city with paychecks than at the same time... Read More »