Bay Area Condo Values Slip for the Second Time, House Values Stall

Bay Area Condo Values Slip for the Second Time, House Values Stall

Having ticked up 0.4 percent to a record high in June, the Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area stalled in July and the index for Bay Area condo values slipped for the second month in a row. In addition, the year-over-year gain for... Read More »

Most Homes on the Market in San Francisco since Late 2011

Most Homes on the Market in San Francisco since Late 2011

While recorded sales activity in San Francisco ticked up last month, the pace of new listings has ticked up even more. And the number of single-family homes and condos listed for sale in San Francisco now totals 885, which is most at any point in time since the end... Read More »

Mrs. Doubtfire House Priced at $4.45 Million, Peek Inside

Mrs. Doubtfire House Priced at $4.45 Million, Peek Inside

While it’s still not listed on the MLS nor yet official inventory, the asking price for the iconic “Mrs. Doubtfire House” at 2640 Steiner Street, which was purchased for $1.395 million in 1997, has been set at $4.45 million. According to the agent for the four-bedroom Pacific Heights home... Read More »

Pace of New U.S. Home Sales Back below Average but up in the West

Pace of New U.S. Home Sales Back below Average but up in the West

The pace of new single-family home sales in the U.S. dropped 7.6 percent from an upwardly revised annual rate of 659,000 sales in July to an annual rate of 609,000 sales in August but remains 20.6 percent higher than the rate of sales at same time last year (505,000)... Read More »

SF Home Sales Up and Median Price Drops the Most since 2011

SF Home Sales Up and Median Price Drops the Most since 2011

The number of single-family homes and condos that traded hands across the Bay Area ticked up 6 percent from July (7,901) to August (8,374) and was 3.2 percent higher versus the same time last year (8,113), ending a five month run of year-over-year declines. And in San Francisco, the... Read More »

Million Dollar Cut for Modern Mission Dolores Statement Home

Million Dollar Cut for Modern Mission Dolores Statement Home

Designed by Stanley Saitowitz, listed for $7.998 million in April, and withdrawn from the MLS without a reported sale in July, the modern 4,665-square-foot Mission Dolores home at 50 Oakwood Street has just returned to the market listed for a million less ($6.995 million). Marketed as an “oasis in... Read More »

Market Street Development Could Be Cut Short by New Report

Market Street Development Could Be Cut Short by New Report

Plans to level the the Golden Gate Building at 1028 Market Street, which was previously home to Hollywood Billiards and is now occupied by “The Hall,” and develop a new 13-story building – with 186 apartments over 4 ground-floor restaurant/retail spaces and a basement garage for 42 cars on... Read More »

Pushback on the Plans to Build atop Hopwater’s Historic Home

Pushback on the Plans to Build atop Hopwater’s Historic Home

San Francisco’s Planning Department has finished its preliminary review of the proposed plans for adding five new floors and twenty one-bedroom apartments atop the historic Key Klub building at 850 Bush Street which is located within the Lower Nob Hill National Register Historic District and is currently home to... Read More »

Benchmark Mortgage Rate Ticks down but Odds of a Rate Hike Jump

Benchmark Mortgage Rate Ticks down but Odds of a Rate Hike Jump

The average rate for a 30-year mortgage ticked down two basis points to 3.48 percent over the past week, which is 38 basis points below the 3.86 percent rate in place at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. At the same... Read More »

Pace of Existing U.S. Home Sales and Median Price Drop Again

Following a 3.2 percent drop in July, the seasonally adjusted pace of existing-home sales in the U.S. ticked down another 0.9 percent to an annual rate of 5.38 million sales in August. But the current rate, which represents the second slowest pace since the beginning of the year, remains... Read More »