Evictions Are Up In San Francisco, As Are Reported Buyout Amounts

Over the past four months, tenants of 47 rent-controlled apartments in San Francisco have negotiated buyouts to vacate their units, with an average payout of $43,000.  The highest buyout was for $310,000. And in fact, the average buyout reported to the San Francisco Rent Board, as newly required by... Read More »

New Violations Uncovered In Case Against City Commissioner

New Violations Uncovered In Case Against City Commissioner

The City’s civil suit against San Francisco’s former Building Inspection Commission President, and current Port Commissioner, Mel Murphy, has been expanded to include Murphy’s newly disclosed property at 1025 Hampshire Street in the Mission. From the City Attorney’s office: “In willful defiance of Planning Code restrictions that limit residential... Read More »

Knorr, Girard, And  Mid-Century, Oh My!

Knorr, Girard, And Mid-Century, Oh My!

The mid-century home at 568 Mountain Home Road in Woodside was designed by Don Knorr in 1969 and the front doors by Alexander Girard, both of whom were friends of the owner who passed away in 2012. In addition to the main residence, the 3-acre property includes a guest... Read More »

Bay Area Home And Condo Values Hit Two Record Highs

Bay Area Home And Condo Values Hit Two Record Highs

Single-family home values within the San Francisco Metropolitan Area gained 1.3 percent in May, while condominium values gained 1.1 percent, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 9.7 percent higher on a year-over-year basis. And having gained 58... Read More »

UCSF’s Support For Warriors Arena Contingent On Traffic Plan

UCSF’s Support For Warriors Arena Contingent On Traffic Plan

UCSF’s support for the Golden State Warriors’ proposed Arena and Events Center to rise in Mission Bay will be contingent on securing a binding and funded agreement “to address traffic concerns that are projected to result when large, dual or overlapping events occur at the proposed Warriors complex and... Read More »

$60M Price Cut For Hillsborough Estate, Seller Agrees To Move

$60M Price Cut For Hillsborough Estate, Seller Agrees To Move

On the market for $100 million in 2013, the asking price for the 47.5-acre de Guigne estate at 891 Crystal Springs Road in Hillsborough, which includes a 16,000-square-foot mansion, has been dropped to $39.9 million. And the condition that the buyer grant the seller, Christian de Guigne IV, a... Read More »

High-Tech Woodside Home Fetches A Little Less Than In ’05

High-Tech Woodside Home Fetches A Little Less Than In ’05

Designed by commercial architects to withstand an 8.3 magnitude earthquake, over 70 tons of steel were used in the construction of the modern high-tech home at 240 Cinnabar Road in Woodside which was built in 1991 on three acres with views north to San Francisco and the East Bay.... Read More »

Oh Say Can You See What Should Be On This Site?

Oh Say Can You See What Should Be On This Site?

The century-old Francis Scott Key Annex building, a former two-story school, sits on a nearly one and one-half acre parcel of land fronting 42nd and 43rd Avenue, between Irving and Judah Streets, in the Outer Sunset. The building currently serves as an administrative office and storage for the San... Read More »

Inventory Of Homes For Sale In San Francisco Slips With Seasonality

The overall inventory of properties currently listed for sale in San Francisco (471) slipped 3 percent over the past two weeks as was to be expected and is currently running 15 percent lower on a year-over-year basis, driven by a continued slowdown in new listings for previously-owned condos. While... Read More »

House With Landmark Giant Sequoia Sells For $2.325M

House With Landmark Giant Sequoia Sells For $2.325M

Purchased as a half-finished project for $951,000 in cash on the courthouse steps in 2014, Maven Investments was planning to chop down the 75-foot-tall redwood tree behind the Corona Heights home at 3066 Market Street in order to provide a more “open aesthetic” and “family friendly” backyard for its... Read More »

Budget To Build 72 Affordable Units In The Mission: $888,889 Each

Budget To Build 72 Affordable Units In The Mission: $888,889 Each

According to a Project Manager at the Mayor’s Office of Housing, the total project cost for the 72-unit building which the City is planning to develop at 490 South Van Ness Avenue and 16th Street in the Mission has been estimated at $64 million or roughly $888,889 per unit.... Read More »

Pace Of New Home Sales In The U.S. Suddenly Drops

Pace Of New Home Sales In The U.S. Suddenly Drops

The seasonally adjusted pace of new single-family home sales in the U.S. suddenly dropped 6.8 percent in June to an annual rate of 482,000, the slowest pace in seven months. The current pace remains 18.1 percent higher than at the same time last year but is 25.9 percent below... Read More »

Foreclosed Upon, Trashed And Back For $3.5 Million

Foreclosed Upon, Trashed And Back For $3.5 Million

On the market as an unfinished spec home with 7,000 square feet of space in the Oakland Hills for $2.65 million in 2009, 13383 Campus Drive failed to sell and was subsequently foreclosed upon (and trashed). Listed in need of “some work” for $1.3 million in 2013, and with tags... Read More »

Eclectic Ashbury Heights Mansion On The Market For $4.5M

Eclectic Ashbury Heights Mansion On The Market For $4.5M

Built in 1908 and since seismically upgraded, the 4,500-square-foot Buena Vista Park home at 880 Ashbury was on the market for $2.75 million in early 2011 and sold for $2.46 million that June. The four-level home is an eclectic mix of old and new, with ornate original woodwork and period details; an... Read More »

Mission District Site For 165 Affordable Units Awarded To Developers

Mission District Site For 165 Affordable Units Awarded To Developers

The development rights for the former Phoenix Continuation High School site at 1950 Mission Street, a half-block from the contentious 330-unit building proposed to rise at Mission and 16th, have been awarded to Mission Housing Development Corporation and BRIDGE Housing.  The team plans to build 165 apartments for low-income... Read More »