Articles Filed Under: Breaking News

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Pier 70 Rehabilitation

Pier 70 Rehabilitation

A group of interns from EDAW have been working on a “vision” for the redevelopment of Pier 70. And it’s excellent work. “Pier 70 will be a diverse working waterfront district that embraces its distinctive arts and industrial character, connects to the local communities, reveals its maritime history and... Read More »

Bay Area Sales Slowdown

According to DataQuick, July Bay Area home sales were down 11.9 percent from the month prior. Interesting, but not too surprising considering the typical summer real estate slowdown. Perhaps more telling, however, is the fact that San Francisco sales were down 21% compared to July of 2004 (i.e. apples... Read More »

Weekend Update Special

We don’t usually update the site on weekends, but we have a feeling that tonight’s cocktail parties might be all atwitter over today’s New York Times bubble article, and we want to make sure our readers can intelligently participate in the conversations. Two dueling excerpts: On Tuesday, David A.... Read More »

Reading Between The C.A.R. Lines

According to the California Association of Realtors, the median sales price of a San Francisco Bay Area home increased 1.8% from May to June. At the same time, C.A.R. reports that the affordability index (i.e. percentage of households that can afford a median priced home) in San Francisco County... Read More »

We’re Tired of Being Number One

Once again the San Francisco Bay Area ranks number one in the state. According to the California Association or Realtors (C.A.R.), the average San Francisco Bay Area household income falls $102,230 short of the qualifying annual income ($170,370) required to purchase a local median-priced home (the highest gap in... Read More »

Update: Hotel Condo Conversions

Instead of an outright ban on condo conversions for hotels with over 50 rooms, Supervisor Peskin has agreed to amend his legislative proposal to create an 18-month ban on condo conversions for “tourist” hotels of 100+ rooms. Guess we won’t be moving to the Fairmont anytime soon. “This compromise... Read More »

SocketSite’s Bay Area Agent Pageant

Damn it! We weren’t planning on announcing this until next week, but those type-a innovative New Yorkers at Curbed just forced our hand… Have you ever noticed how often property statements/ads seem to feature an agents picture just as prominently as the actual listing? And is it just us,... Read More »

Here We Go Again

Remember last May when we first suggested you take a look at the Spring PMI Risk Index? And then how two months later Kiplinger’s finally gets around to publishing a story about the report and gets all the press? Well, here’s another two-month head start for the SocketSite community…... Read More »

Sales Activity: National Versus Local

According to the National Association of Realtors, national existing home sales came in at a record setting annual pace of 7.33 million homes as measured in June. And according to the California Association of Realtors, statewide home sales are up 3.6% as compared to June of 2004. Sales activity... Read More »

Home Depot Almost Home?

Home Depot Almost Home?

Next week Home Depot is headed back in front of the Planning Commission. Having signed a lease for the old Goodman Lumber location at 491 Bayshore Blvd. over five years ago, the Depot is still seeking approval to begin development. Proponents point to desperately needed neighborhood jobs and a... Read More »