Plan to Stabilize the Sinking Millennium Tower Closer to Reality

Plan to Stabilize the Sinking Millennium Tower Closer to Reality

With the initial round of testing having proven successful, the plans to permanently stabilize the sinking Millennium Tower by adding a series of 52 new piles around the tower’s perimeter have been further refined, building permits for the fix have been requested, and a final round of pre-fix testing... Read More »

Massive Berkeley Mansion Now Listed at a Loss

Massive Berkeley Mansion Now Listed at a Loss

Designed by John Hudson Thomas and built for John Hopkins Spring, a real estate developer, in 1914, the 12,000-square-foot Spring Mansion which sits at 1960 San Antonio Avenue in the Berkeley hills and was modeled on the Achilleion Palace in Greece, was purchased by John Park, the founder of... Read More »

Number of Homes for Sale in San Francisco Inches Up

With the number of homes which were newly listed for sale in San Francisco over the past two weeks roughly matching the number of new purchase contracts that were written, the active inventory of homes on the market inched up a (1) percent to 620, which is still 12... Read More »

Alternative Designs for Rejected Oakland Tower Revealed

Alternative Designs for Rejected Oakland Tower Revealed

With Oakland’s Planning Commission having formally rejected the plans for a proposed 460-foot-tall, and seemingly split, tower to rise at 1261 Harrison Street, on the historic King Block in Downtown Oakland, a move which shouldn’t have caught any plugged-in readers by surprise, the project team has been working on... Read More »

SoMa Loft Reduced and Relisted Below its 2015 Price

SoMa Loft Reduced and Relisted Below its 2015 Price

Purchased for $1.185 million in December of 2015, the “modern, stylish, tri-level loft” #14 at 175 Russ Street, “located in the heart of SOMA,” with easy access to tech shuttles and company headquarters, as well as to Whole foods and “countless restaurants and cafes,” returned to the market priced... Read More »

Mortgage Rates Tick Up

Mortgage Rates Tick Up

Having dropped 59 basis points since hitting a 7-year high of 4.94 percent this past November, the average rate for a benchmark 30-year mortgage ticked up 6 basis points over the past week to 4.41 percent but remains 5 basis points below its mark at the same time last... Read More »

Plans for 20 New Condo Buildings Overlooking Candlestick Point

Plans for 20 New Condo Buildings Overlooking Candlestick Point

Plans for 20 new residential buildings to rise on a vacant 7-acre slice of land fronting Jamestown Avenue, a former Candlestick Park parking lot which overlooks the massive Candlestick Point redevelopment which is now underway below, have been drafted by Hunt Hale Jones Architects for Strada Investment Group. As... Read More »

Inventory of New Homes for Sale in the U.S. Hits a 10-Year High

Inventory of New Homes for Sale in the U.S. Hits a 10-Year High

The pace of new single-family home sales in the U.S. ended 2018 at a seasonally adjusted rate of 621,000 sales, down 2.4 percent on a year-over-year basis but with a total of 1.5 percent more new homes having sold across all twelve months of 2018 versus 2017. At the... Read More »

High-Tech Noe Home Drops Nearly 9 Percent

High-Tech Noe Home Drops Nearly 9 Percent

As we outlined this past October: The “High-Tech Noe Home” at 525 28th Street hit the market as new for $3.6 million in June of 2014 and sold for $3.65 million that July. Designed by EE Weiss Architects, an elevator runs from the two-car garage to the top floor... Read More »

Plans for Three Towers to Rise on Shopping Center Site

Plans for Three Towers to Rise on Shopping Center Site

With the master plan for redeveloping Parkmerced having been drawn, approved and underway, new plans to raze the adjacent Parkmerced Shopping Center at 33-85 Cambon Drive, which backs up to 19th Avenue, have now been drafted as well. And as roughly rendered by Costa Brown Architecture, above and below,... Read More »