S&P/Case-Shiller: San Francisco Top Tier And Condos Tick Up In March

S&P/Case-Shiller: San Francisco Top Tier And Condos Tick Up In March

According to the March 2011 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell a nominal 0.1% from February ’11 to March ’11, down 40.6% from a peak in May 2006 and down 5.1% on a year-over-year (YOY) basis, a steady slide from the 18.3%... Read More »

1844 Market Street: Let’s Get Ready To Rumble Build!

1844 Market Street: Let’s Get Ready To Rumble Build!

As we wrote this past October: As we first reported a week ago, builder Joe Cassidy’s 113-unit mixed-use project at 1844 Market Street was headed for a foreclosure sale on the courthouse steps next week with an estimated $12,329,428.48 owed. And while a plugged-in reader noted that a lawsuit over a reneged loan agreement was Read More »

Three Floors Below For Two Million Less At 2288 Broadway

Three Floors Below For Two Million Less At 2288 Broadway

As far as we know 2288 Broadway #5 never found a buyer having been listed for $7,995,000 last year. A year later and three floors below, 2288 Broadway #2 is on the market and asking $5,995,000 for the floor. While not noted in the listing for number two, the full floor number five had been Read More »

Five Stories At 899 Valencia Poised For Approval This Afternoon

Five Stories At 899 Valencia Poised For Approval This Afternoon

As we first wrote about the proposed building at 899 Valencia last year: It’s another underutilized infill site that’s been caught up in the Eastern Neighborhoods Area Plan development log jam which is finally starting to free. On northeast corner of Valencia and 20th Streets an old one-story service station and surface area parking lot Read More »

The First Sign Of Snøhetta’s Design For SFMOMA Expansion

The First Sign Of Snøhetta’s Design For SFMOMA Expansion

Snøhetta‘s design for the $250 million expansion of San Francisco Museum of Modern Art (SFMOMA) has been revealed. From the Business Times with respect to the designs for the 195-foot building on a site zoned for 320 feet of potential hight: On its east side, the building will feature a sweeping façade and an entrance Read More »

Another Big Billionaire’s Row Home Coming Soon: 2840 Broadway

Another Big Billionaire’s Row Home Coming Soon: 2840 Broadway

As a plugged-in tipster notes, Arthur McLaughlin’s red trucks have been coming and going from the late Dodie Rosenkrans’ Pacific Heights mansion at 2840 Broadway, a Willis Polk designed home adjacent to Ellison’s modern manse on San Francisco’s Billionaire’s Row. While Sotheby’s is handing the sale of the bulk of the estate’s rather impressive art, Read More »

Which Is Worse, Unpermitted Work Or The Hells Angels?

A plugged-in reader’s story and perspective on unpermitted work: Well, I’m neither a buyer, seller, planner, architect, nor nimby, and have never filed a . I’ve lived in my home for 30 years and have always followed the rule that my neighbor’s home is his business. But, that was not prudent as I discovered Read More »

2655 Scott Street Is Quickly Picked

2655 Scott Street Is Quickly Picked

As we wrote about 2655 Scott Street just last month: Classic Deco curb appeal, a modern interior with easy access to the outdoors from the marble countered kitchen, and a 2009 era apple, they’re a few of our favorite things. Purchased for $3,100,000 in August 2009, the single-family Pacific Heights home at 2655 Scott Street Read More »

Parkmerced Redevelopment Plan Passed In 6-5 Vote

In an emotional meeting, the redevelopment plan for Parkmerced was approved by San Francisco’s Board of Supervisors last night in a 6-5 vote with supervisors Avalos, Campos, Mar, Mirkarimi and Kim opposing. ∙ Comments: Parkmerced Poised For Board Vote And 5,700 New Residences ∙ Parkmerced’s Proposed Urban Design, Open Space, And Sustainability ∙ Read More »

555YVR Scoop: Half Sold And Now Going Rental With The Rest

555YVR Scoop: Half Sold And Now Going Rental With The Rest

On the market since 2009, and with only half of its 87 condos having sold and one in contract, according to a plugged-in tipster, 555YVR (Ygnacio Valley Road) over in Walnut Creek will be going the rental route with its unsold inventory starting June first. In the words of our tipster: “After going through Read More »

Parkmerced Poised For Board Vote And 5,700 New Residences

Parkmerced Poised For Board Vote And 5,700 New Residences

In a special session this morning, San Francisco’s Land Use and Economic Development Committee is expected to back the Development Agreement and a host of related ordinances for the proposed redevelopment of Parkmerced which will then be presented to San Francisco’s full Board of Supervisors this afternoon for adoption along with a scheduled vote on Read More »

U.S. New Home Sales: Down 23% In April Year-Over-Year

The seasonally adjusted annual pace of new single-family home sales in the U.S. ticked up to 323,000 in April, up 7.3 percent from a revised rate of 301,000 in March but still down 23.1 percent versus the 420,000 pace recorded in April 2010. Preliminary U.S. new home sales (versus pace) in April were estimated to Read More »

“San Francisco” Prestige Index Drops 4.3% In First Quarter

“San Francisco” Prestige Index Drops 4.3% In First Quarter

The First Republic Prestige Home Index for “San Francisco” homes valued at more than $1 million dropped 4.3 percent from the fourth quarter of 2010 to the first quarter of 2011, down 1.9 percent on a year-over-year basis, down 19.2 percent from a third quarter 2007 peak, and back to between first and second quarter Read More »

On This Farm He Had A Short Sale (And Foreclosure In The Works)

On This Farm He Had A Short Sale (And Foreclosure In The Works)

One of ten Donald MacDonald designed petit townhomes that comprise the Clinton Mews urban infill development off Guerrero, 170 Guerrero Street #F was purchased for $507,000 in November 2003. Refinanced in June of 2007 with a first for $517,500 and a second for $130,000, as of this past November the first mortgage was $43,976 past Read More »

Higher Down Payments And Lower Limits For FHA Loans As Proposed

Last month 29.9 percent of Bay Area home purchases were made by way of FHA backed loans, up from 25.4 percent in April 2010. On Wednesday, a House subcommittee will discuss a draft bill which would raise the minimum down payment for FHA loans from 3.5 percent to 5.0 percent and lower the maximum loan Read More »