According to an analysis of the futures market, the probability of the Fed hiking the federal funds rate in 2019 had dropped to zero (0) as of last week, as we first reported at the time (and foreshadowed earlier this year). And according to the latest survey of Fed... Read More »

Back in 2005, the then-owner of the parking lot parcel on the southeast corner of Jones and Turk filed for permits to build a 5-story building at 180 Jones, a building height which the Planning Department deemed too short for the Tenderloin site which is zoned for development up... Read More »

The Evergreen Market building at 2539 Mission Street is on the market with a $3.5 million price tag, not including its rear parking lot which fronts Capp Street and for which another $2.5 million is being sought. Specializing in Latin American produce, meats and staples, the market is currently... Read More »

As we first reported last week: The little four-unit building at 630 Octavia Street and its adjacent parcel, which is currently used as a parking lot, recently traded hands for what would appear to be a total contract price of $4.6 million. A few years ago, plans to merge... Read More »

The net number of homes listed for sale in San Francisco ticked up 5 percent over the past week to 645, which is 10 percent more than at the same time last year, 59 percent higher than at the same time in 2015 (405) and another 7-year seasonal high.... Read More »

From the now singular proposal from the four finalists selected to bid for the opportunity to redevelop the 30-acre Fort Winfield Scott campus in the Presidio: Last September, at the public presentation of the RFCP responses, Presidio Trust Board members suggested that the four teams selected to move forward... Read More »

Including finished new construction projects and conversions, 2,579 net-new units of housing were added to San Francisco’s stock of housing in 2018, down 42 percent from 4,441 in 2017 and 3.6 percent below the 10-year average of 2,676 net new units but 12 above the 20-year average of closer... Read More »

Having ticked up 6 basis points last week, the average rate for a benchmark 30-year mortgage has since dropped 10 basis points to 4.31 percent, which is 13 basis points below its mark at the same time last year, down 63 basis points since hitting a 7-year high this... Read More »

With financing having been secured and San Francisco’s first Navigation Center, which had temporarily occupied the former Phoenix Continuation High School site, having been shuttered/moved, the ground for 157 below market rate (BMR) rental units to rise at 1950 Mission Street will officially be broken this coming Monday, March... Read More »

While 2018 ended with the total number of new single-family home sales across the U.S. having ticked up 1.5 percent versus the year before, the pace of new sales was down at the end of the year. And in the first month of 2019, the seasonally adjusted rate of... Read More »