January S&P/Case-Shiller: San Francisco MSA Decline Accelerates

January S&P/Case-Shiller: San Francisco MSA Decline Accelerates

According to the January 2009 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 4.4% from December ’08 to January ’09 and fell 32.4% year-over-year. For the broader 10-City composite (CSXR), year-over-year price growth is down 19.4% (having fallen 2.5% from December). The three... Read More »

Apples To Apples (But Likely No Longer 5% Down): 4174 26th Street

Apples To Apples (But Likely No Longer 5% Down): 4174 26th Street

On April 13, 2004 4174 26th Street in the heart of Noe Valley sold for $829,000. The buyer put 25% down. Two years later it sold for $995,000. The buyer put 5% down. A few months later the property appears to have changed hands between family members, and in... Read More »

San Francisco General Hospital: Latest Renderings And Overview

San Francisco General Hospital: Latest Renderings And Overview

It’s a plugged-in tipster that forwards the latest renderings for the San Francisco General Hospital addition and directs our attention to the Webcor overview: The 448,000 sq ft steel moment frame structure will have two levels below grade and eight levels above grade including a mechanical penthouse. Ties to... Read More »

The Embarcadero Exploratorium’s Most Excellent Draft EIR Update

The Embarcadero Exploratorium’s Most Excellent Draft EIR Update

“A draft environmental review for failed to find any major problems, and a final report could be complete by the end of June….Even the notoriously strict agencies that govern what can be built along a waterfront are... Read More »

SocketSite’s San Francisco Listed Housing Update: 3/30/09

SocketSite’s San Francisco Listed Housing Update: 3/30/09

Inventory of Active listed single-family homes, condos, and TICs in San Francisco rose 3.3% over the past two weeks (versus an average of 4.7% for the same two week period over the previous three years) and is now running 26.8% higher on a year-over-year basis (up 18.2% for single-family... Read More »

What Happens When The Bay Area Median Drops 59%?

What Happens When The Bay Area Median Drops 59%?

“Underlying all the market changes is the prevalence of bank-owned foreclosures being unloaded at a discount. Two years ago, only 2.6 percent of all existing homes that changed hands had been foreclosed on in the prior months. This year, more than half of the existing homes that... Read More »

One Hawthorne: An Early Rendering To Reality Check(s)

One Hawthorne: An Early Rendering To Reality Check(s)

The rendering above, the early One Hawthorne reality check below. Once again, 24 stories and 165 units with February 2008 expectations of pricing from $500,000 for a 550 square foot junior one-bedroom to $3 million for a 2,200 square foot penthouse. ∙ One Hawthorne: The Design (And Some Details)... Read More »

For The Love Of Fridays And 433 Lovell Across The Way (Mill Valley)

For The Love Of Fridays And 433 Lovell Across The Way (Mill Valley)

We were tempted to simply write “too beautiful to describe,” but we didn’t. It’s been in DWELL, but we won’t hold that against it. And yes, it’s in Mill Valley on half an acre. Completed in 2006 by its architect owners, 433 Lovell features four bedrooms, three and one-half... Read More »

RandomRumors Via Trulia Voices: Fractional TIC Financing Drying Up?

We try not to reward bad behavior and the hijacking of a post, but it’s an off-topic comment worth repeating and a question worth clearing up (if you can): From Real Estate pro Sally Rosenman on the Trulia forums : Sterling Bank is providing fractional loans and they are... Read More »