Number of Homes for Sale in San Francisco Ticks Up

Number of Homes for Sale in San Francisco Ticks Up

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 »

The Singular Proposal for the Redevelopment of Fort Scott

The Singular Proposal for the Redevelopment of Fort Scott

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 »

The Latest Inventory of San Francisco’s Housing Stock and Development

The Latest Inventory of San Francisco’s Housing Stock and Development

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 »

Benchmark Mortgage Rate Drops, Odds of an Easing Up

Benchmark Mortgage Rate Drops, Odds of an Easing Up

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 »

Ground for 157 Affordable Apartments Will Be Broken Next Week

Ground for 157 Affordable Apartments Will Be Broken Next Week

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 »

Pace and Price of New Home Sales in the U.S. Start 2019 Down

Pace and Price of New Home Sales in the U.S. Start 2019 Down

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 »

Home of the Largest Sex Club in SF on the Market in SoMa

Home of the Largest Sex Club in SF on the Market in SoMa

Hidden behind a rather nondescript industrial façade at 933 Harrison Street, the “largest sex club in San Francisco,” the 6,000-square-foot Blow Buddies club, has operated for nearly 30 years. And while the operators of the club would like to continue their business if possible, the building, which was purchased... Read More »

Nearly New Two-Bedroom Fetches 3 Percent over its 2014 Price

Nearly New Two-Bedroom Fetches 3 Percent over its 2014 Price

Purchased as new for $1,016,000, or roughly $963 per square foot, back in March of 2014, the “primely” located two-bedroom, two-bath unit #415 at 8 Buchanan Street (a.k.a. Linea) returned to the market priced at $1,156,999 in June of last year (a sale at which would have represented total... Read More »

Positioning to Raise the Roof in the Middle of Hayes Valley

Positioning to Raise the Roof in the Middle of Hayes Valley

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 the two lots, level the existing... Read More »

Plan to Stabilize the Sinking Millennium Tower Closer to Reality

Plan to Stabilize the Sinking Millennium Tower Closer to Reality

With the initial round of testing having proven successful, the plans to permanently stabilize the sinking Millennium Tower by adding a series of 52 new piles around the tower’s perimeter have been further refined, building permits for the fix have been requested, and a final round of pre-fix testing... Read More »