Word Up by 2.3 Percent per Year

Word Up by 2.3 Percent per Year

Purchased for $1.55 million in 2007, the 1,979-square-foot, mid-century modern home in architect-restored condition at 7 Cameo Way returned to the market listed for $1.995 million at the end of last year. Delisted and relisted for $1.795 million in March, the sale at $1.885 million, which closed escrow yesterday,... Read More »

Protecting the 1 Percent from $5M Apartments on Russian Hill

Protecting the 1 Percent from $5M Apartments on Russian Hill

Listed together for $5.5 million in October of 2013, the Royal Towers (1750 Taylor Street) one-bedroom unit #804 and adjacent, but not connected, two-bedroom unit #805 sold for a combined $4.6 million in January of 2014. From the listing at the time: “Combine these 2 apartments and have amazing... Read More »

Back Below 2005 in Bayview?

Back Below 2005 in Bayview?

As we wrote about the Bayview home at 1426 Van Dyke Avenue last month (which sparked an interesting and honest dialog about the neighborhood): “Purchased for $670,000 in 2005, the remodeled…home at 1426 Van Dyke Avenue resold for $630,000 in 2007. And in 2012, the property was foreclosed upon and... Read More »

311 Complaints Jumped 24 Percent in San Francisco Last Year

311 Complaints Jumped 24 Percent in San Francisco Last Year

The number of 311 complaints jumped 24 percent in San Francisco last year to 350,000, with residents of the Inner Mission and South of Market neighborhoods registering the most. Not too surprisingly, the most common complaint was related to sidewalk and street cleaning, followed by graffiti. And according to... Read More »

Mortgage Rates Tick up but Remain near Three-Year Lows

Mortgage Rates Tick up but Remain near Three-Year Lows

Having dropped to a three-year low of 3.57 percent, the average rate for a benchmark 30-year mortgage has ticked up 7 basis points to 3.64 percent over the past two weeks but remains 33 basis points below the 3.97 percent rate in place prior to the Fed’s first rate... Read More »

OMG!  Another Church on the Market for $3.2M

OMG! Another Church on the Market for $3.2M

The Gethsemane Church of God in Christ at 240 Page Street is on the market for $3.2 million. While the 5,500-square-foot church is historically protected, the interior of the Hayes Valley building can be redesigned and reconfigured and it’s zoned for residential use(s) and redevelopment. The Church of God... Read More »

Pending Home Sales Index Hits 10-Year High, Surges in the West

The National Association of Realtors Pending Home Sales Index, for which 100 denotes an average level of activity, hit a ten-year high in April, ticking up 5.3 percent from (a revised) 110.7 in March to 116.3 in April and now measures 4.6 percent higher versus the same time last... Read More »

Ornate Tenderloin Garage Pitched for Redevelopment

Ornate Tenderloin Garage Pitched for Redevelopment

Zoned for development up to 130 feet in height, and with a lot that could support building up to 76 apartments or condos, the 1920’s era garage at 525 Jones Street is on the market in the Tenderloin without a preset price and calling for offers by June 9.... Read More »

Refined Designs and Momentum for a Bold Van Ness Development

Refined Designs and Momentum for a Bold Van Ness Development

The proposed designs for the bold 13-story building to rise at 1200 Van Ness Avenue have been refined by Woods Bagot, shifting the mass of its eight-story residential tower towards Van Ness as requested by Planning, but eschewing Planning’s “support” for an integration of the existing building on the... Read More »

Plans for Studios to Rise on SoMa Car Wash Site Closer to Reality

Plans for Studios to Rise on SoMa Car Wash Site Closer to Reality

A gas station occupied the northeast corner of 10th and Harrison from 1949 through the 1960s. In 1969, the 10th Street Car Wash took over the Western SoMa site. And today, the City granted the proposed plans for a 67-unit building to rise up to 55 feet in height... Read More »