Number of Homes for Sale in SF Remains at a 7-Year Seasonal High

Number of Homes for Sale in SF Remains at a 7-Year Seasonal High

Having hit a 7-year high in the absolute last month, the number of listed homes on the market in the San Francisco has ticked down 3 percent over the past two weeks to 930 but remains 39 percent higher versus the same time last year, 82 percent above its... Read More »

Speaking of Sleek

Speaking of Sleek

Speaking of sleek and circa 2014, the two-bedroom unit #5C at 1501 Filbert Street, which opened its doors in late 2014 dubbed “Amero,” is now back on the market on the edge of Cow Hollow, billed as a “special opportunity to live in a sleek newer construction residence in... Read More »

Price Cut for Sleek Loft Already Listed Below its 2014 Price

Price Cut for Sleek Loft Already Listed Below its 2014 Price

As we wrote last month: Purchased for $1.75 million in October of 2014, the “modern and sleek” unit #5 in The Silver Building, a full-floor loft conversion with exposed beams, eleven foot ceilings, high-end finishes and air conditioning at 10 Mint Plaza, a Mid-Market location a few blocks from... Read More »

Mid-Term Election Turnout Will Be over 70 Percent in San Francisco

Mid-Term Election Turnout Will Be over 70 Percent in San Francisco

As of this afternoon, 252,845 of the ballots cast by San Francisco voters in this past Tuesday’s election have been tallied, which equates to 50.5 percent of the potential 500,516 votes, as newly mapped by precinct turnout above. But with around 124,000 vote-by-mail or provisional ballots that have yet... Read More »

Executive Park Tower and New Condos Closer to Reality

Executive Park Tower and New Condos Closer to Reality

While the three-acre building site above The Cove at Candlestick Point was graded back in 2009, the approved development to rise up to 16 stories in height upon the undeveloped parcel has been on hold ever since. But next week, New Horizon Development is slated to reveal their revised... Read More »

Amended Central SoMa Plan Could be Adopted This Month

Amended Central SoMa Plan Could be Adopted This Month

With over 100 proposed amendments having been made to the City’s ambitious Central SoMa Plan, including an allocation of up to $160 million to enhance and expand local transit, San Francisco’s Board of Supervisors could vote to formally adopt said plan by the end of this month with a... Read More »

High-End TIC Fetches its Early 2014 Price

High-End TIC Fetches its Early 2014 Price

Purchased for $3.2 million in April of 2014, following the conversion of the Park Lane at 1100 Sacramento Street into a Tenancy in Common building, the “elegant and sophisticated” unit #208, a remodeled three-bedroom with a “spacious, open floor plan” and private 1,400-square-foot terrace, returned to the market listed... Read More »

Benchmark Mortgage Rate Nearing Its 8-Year High

Benchmark Mortgage Rate Nearing Its 8-Year High

Having slipped at the end of October, the average rate for a benchmark 30-year mortgage increased 11 basis points over the past week to 4.94 percent, which is 104 basis points (1.04 percentage points) above its mark at the same time last year, the highest average rate since the... Read More »

Pending Home Sales in San Francisco Haven’t Rebounded

While Bay Area home sales plunged nearly 20 percent on a year-over-year basis in September, to an 11-year seasonal low, home sales in San Francisco were only down 6.5 percent on a year-over-year basis but totaled the fewest transactions in the month of September in over 15 years. At... Read More »

Plans for Nine-Story NoPa Development Progress

Plans for Nine-Story NoPa Development Progress

As we first reported earlier this year: The façade of the F. Lofrano & Son auto body garage at 1355 Fulton Street is currently slated to be saved. But plans to level the bulk of the 14,000-square-foot building are in the works. And as envisioned and newly rendered by... Read More »