San Francisco and East Bay Rents Little Changed Last Quarter

San Francisco and East Bay Rents Little Changed Last Quarter

Following a nominal slip at the end of last year, the average asking rent for an apartment in a building with over 50 units in San Francisco inched up $4 a month (0.1 percent) to $3,620 in the first quarter of 2016 and $16 a month (0.7 percent) to... Read More »

Contentious Affordable Housing Site Awarded to Developers

Contentious Affordable Housing Site Awarded to Developers

Identified by the Port of San Francisco as “the greatest affordable housing development opportunity among the Port’s seawall lots in the northeastern waterfront,” but having faced neighborhood pushback over just how affordable the development should be, the City has awarded the development rights for the half-block parcel on the... Read More »

The Surprisingly Sophisticated Design for a Tower on Mission

The Surprisingly Sophisticated Design for a Tower on Mission

From a distance, the proposed 54-story tower to rise at 518 Mission Street, the shorter of the two Oceanwide Center towers being designed by Foster + Partners and Heller Manus, might look rather plain. But the closer you get, the more detail is revealed, including the tower’s oversized window vitrines which float... Read More »

Development to Replace Rincon Hill Gas Station Slated for Approval

Development to Replace Rincon Hill Gas Station Slated for Approval

While the public hearing for the proposed 14-story development to rise on the northwest corner of First and Harrison, a prominent Rincon Hill parcel currently occupied by a Union 76 gas station, was pushed back until this afternoon, the project has just been granted an exemption from having to... Read More »

Back to 2005 in Bayview?

Back to 2005 in Bayview?

Purchased for $670,000 in 2005, the remodeled Bayview home at 1426 Van Dyke Avenue resold for $630,000 in 2007. And in 2012, the property was foreclosed upon and taken back by the bank. Listed as a two-bedroom fixer, with 1,200 square feet of finished space and an unwarranted bedroom... Read More »

Asking $10,000 per Square Foot in Palo Alto!

Asking $10,000 per Square Foot in Palo Alto!

The 936-square-foot bungalow at 961 Lincoln Avenue in Palo Alto is now on the market for the first time in nearly a century and asking $9,998,000, or roughly $10,680 per square foot! Okay, so the list price includes the adjacent undeveloped parcel at 955 Lincoln, which could be combined... Read More »

A Record 63,400 Apartments and Condos in SF’s Housing Pipeline

A Record 63,400 Apartments and Condos in SF’s Housing Pipeline

With new proposals for over 2,000 units of housing having been submitted to the City in the first quarter of 2016, there are now a record 63,400 apartments and condos in San Francisco’s housing pipeline, including 7,300 units which are currently under construction and should be ready for occupancy... Read More »

A Two-Bedroom Mission Condo Couldn’t Fetch its Below Market Rate

A Two-Bedroom Mission Condo Couldn’t Fetch its Below Market Rate

Nine months ago the Below Market Rate (BMR) deeded two-bedroom condo #403 at 1587 15th Street, “located right in the heart of the vibrant Mission/Valencia corridor” above the former 4505/Belcampo Butcher Shop and featuring “a fantastic open concept floor plan with hardwood floors, a gourmet kitchen and its own... Read More »

Pending Home Sales Drop in the West

While the National Association of Realtors Pending Home Sales Index rose 1.4 percent from 109.1 in February to 110.5 in March and measures 1.4 percent higher versus the same time last year, contract activity dropped in the West, both month-over-month and year-over-year. The Pending Home Sales Index for the... Read More »

That Designer Penthouse on Berry Is Back at $3.2 Million

That Designer Penthouse on Berry Is Back at $3.2 Million

Purchased for $2.35 million after we featured it in 2008, the designer remodeled two-bedroom penthouse #708 atop 255 Berry, which features a wood-paneled ceiling, walls and wide plank floors, returned to the market in the year of the Black Water Dragon (2012) listed for $2.6888 million. Also offered for... Read More »