Landmark Berkeley Castle Price Cut $500K

Landmark Berkeley Castle Price Cut $500K

Having hit the market on the last day of March listed for $5 million, the asking price for the landmark Berkeley castle at 2900 Buena Vista Way, which was modeled on a 13th-century French monastery and built in 1929 for the son of James Hume, whose father was the... Read More »

Bay Area Unemployment Rates Jump, but Here’s Why

Bay Area Unemployment Rates Jump, but Here’s Why

While the unemployment rate in San Francisco jumped from 2.9 percent in May to 3.5 percent in June, there are actually 400 more people living in the city with a job. But with school year seasonally in play, the labor force increased by 4,000 and drove the unemployment rate... Read More »

Iconic Flintstone House Now Listed for a Million Less

Iconic Flintstone House Now Listed for a Million Less

Having hit the market listed for $4.2 million ten months ago, “priced for somebody who really wanted the quirky 2,730-square-foot home rather than a developer or individual looking for a nearly 2-acre lot upon which to build a much larger Hillsborough house,” the asking price the iconic ‘Flintstone House’... Read More »

Banked Pacific Heights Home Fetches an Eye-Popping $13.25M

Banked Pacific Heights Home Fetches an Eye-Popping $13.25M

Purchased for $10 million in 2013, the completely remodeled home at 2755 Fillmore Street has sat empty for the past three years. And having returned to the market this past May listed for $13.25 million, or $2,577 per finished square foot, the re-sale of the Pacific Heights property has... Read More »

Peter Thiel’s Mansion Pulled from the MLS

Peter Thiel’s Mansion Pulled from the MLS

While Peter Thiel, the iconic Silicon Valley investor and co-founder of PayPal, prepares to take center stage at the Republican National Convention, the staged listing for his Marina Mansion at 2140 Jefferson Street has just been withdrawn from the MLS without a reported sale. Purchased for $6.5 million in... Read More »

Plans for Building up MacArthur Boulevard Even Higher Than Zoned

Plans for Building up MacArthur Boulevard Even Higher Than Zoned

The days are numbered for the MacArthur Carwash and tire shop at the corner of MacArthur and Martin Luther King Jr. Way in Oakland, as the corner site traded hands for $1.325 million earlier this year and plans to develop the parcel have now been submitted to the city... Read More »

Bay Area Home Sales Slip but Edge Up in Napa and San Francisco

Bay Area Home Sales Slip but Edge Up in Napa and San Francisco

While the number of single-family homes and condos that traded hands across the Bay Area ticked 8 percent from May to June, which is typical for this time of the year, the recorded sales volume (8,679) was 6.5 percent lower than at the same time last year and represented... Read More »

Benchmark Mortgage Rate Ticks Up

Benchmark Mortgage Rate Ticks Up

Having dipped to within 10 basis points of an all-time low, the average rate for a benchmark 30-year mortgage ticked up 4 basis points to 3.45 percent over the past two weeks but remains 59 basis points below the 4.04 percent average rate in place at the same time... Read More »

Pace of U.S. Home Sales at a Nine-Year High, Price Sets a Record

The seasonally adjusted pace of existing-home sales in the U.S. ticked up 1.1 percent to an annual rate of 5.57 million sales in June, the highest annual pace since February 2007 and 3.0 percent higher versus the same time last year, but the rate of acceleration slipped from a... Read More »

New Condo Sales in San Francisco down over 30 Percent in 2016

New Condo Sales in San Francisco down over 30 Percent in 2016

We’ve compiled the monthly sales data for new condominiums in San Francisco over the past two years. While it’s not an aggregate statistic which the sales and marketing companies release, total contract signings in the first half of 2016 totaled under 400, down over 30 percent versus the first... Read More »