SF Home Sales Slowest In Three Years, Bay Area Slowest Since ’08

SF Home Sales Slowest In Three Years, Bay Area Slowest Since ’08

Having hit a record high of $1,072,500 this past November, the median price paid for a home in San Francisco dropped to $949,000 in December and then to $885,500 in January, down 17 percent in two months and a nominal 0.1 percent higher versus the same time last year.... Read More »

Inventory Up In San Francisco

Slowly but surely, the number of properties listed for sale in San Francisco has been ticking up since the beginning of the year and is currently running two (2) percent higher than at the same time last year, with the number of single-family homes on the market eleven (11)... Read More »

Planning Code Could Derail Parkside Project

Planning Code Could Derail Parkside Project

Plans to raze the old Parkside Cleaners on the southwest corner of Taraval Street and 17th Avenue and construct a four-story building, with three 2,200-square-foot condos over 1,500 square feet of retail, are in the works. Standing in the way of the development: Section 145.1 of San Francisco’s Planning... Read More »

Talk Of “Housing Moratorium” In The Mission Shouldn’t Surprise

Tongues are wagging over reports that San Francisco Supervisor David Campos is preparing to propose a “moratorium” on the development of market-rate housing around 24th Street in the Mission. But little is known about the actual details of the legislation, in large part because it has yet to be... Read More »

Rosewood Napa Valley?

Rosewood Napa Valley?

The Hong Kong-based family which owns the Rosewood Sand Hill hotel, a favorite haunt of Silicon Valley venture capitalists and the cougars that hunt them, has been identified as the buyers of the Calistoga Hills Resort property, an 88-acre parcel of land upon which a 110-room luxury hotel, 20... Read More »

Major Setback For Waterfront Development At 8 Washington

Major Setback For Waterfront Development At 8 Washington

Despite having been approved by San Francisco’s Planning Commission and Board of Supervisors in 2012, the planned development of 134 condos at 8 Washington Street was blocked by voters in 2013.  And last week, a judge delivered another blow. As approved, the 8 Washington project included an increase in... Read More »

Another Battle Brewing Over Plans For Lower Potrero Hill Site

Another Battle Brewing Over Plans For Lower Potrero Hill Site

With Kaiser Permanente having been dissuaded from building their Medical Office Building at 16th and Mississippi in Lower Potrero Hill, or “LoPo” if you will, new plans for a 260-unit residential building to rise up to six stories on the northern half of the Corovan Storage Facility site have... Read More »

Sponsored Content

Views, Convenience and Luxury: 1 BR Penthouse at the Palms $899K

Views, Convenience and Luxury: 1 BR Penthouse at the Palms $899K

Coveted north east corner penthouse residence features one bedroom and one bathroom with a wrap around terrace & floor to ceiling windows that frame the panoramic downtown San Francisco views. The spacious kitchen features a Sub Zero refrigerator, Bosch stainless appliances, Studio Becker cabinets and quartz counter tops. The... Read More »

Meticulously Kept In Monterey Heights

Meticulously Kept In Monterey Heights

Designed by architect Henry Gutterson and meticulously kept, the 6,800-square-foot English Tudor at 126 Miraloma Drive has been owned by two families since 1928.  And with a list price of $4.25 million, the current custodians of the eight-bedroom home are looking for the third. A grand staircase connects the... Read More »

$100M Calistoga Hills Property Sold To Asia Pacific Buyer

$100M Calistoga Hills Property Sold To Asia Pacific Buyer

On the market for $100 million, the “Calistoga Hills Resort,” an 88-acre parcel of land upon which Calistoga voters have approved the development of a 110-room luxury hotel with 20 villas and 13 estate homes, has just sold to an undisclosed Asia Pacific-based international development and investment firm. The... Read More »

A High-Tech Conversion Of Saint Joseph’s Church

A High-Tech Conversion Of Saint Joseph’s Church

Vacant since damaged by the Loma Prieta Earthquake in 1989, the plans to rehab the Saint Joseph’s Church, parish hall and rectory at 1401 Howard Street, and convert the church, so to speak, into an 18,000-square-foot office space with 1,300 square feet of retail and a 2,500-square-foot assembly hall... Read More »

The Impact Of Transforming Second Street

The Impact Of Transforming Second Street

The Environmental Impact Report for San Francisco’s proposed Second Street Improvement Project, which intends to transform Second Street, from Market to King, into a pleasant “multi-modal corridor” and “green connector,” with separated bike lanes (cycle tracks) on both sides of the street, a whole host of sidewalk and streetscape... Read More »

Folsom Street Off-Ramp Work Delayed By Contaminated Soil

Folsom Street Off-Ramp Work Delayed By Contaminated Soil

Originally expected to be finished this month, the realignment of the Folsom Street off-ramp is now expected to run into June and the budget for the project has been increased 21 percent, from $2,883,900 to $3,479,541. The delay and cost overruns are primarily due to the discovery of higher... Read More »

Mortgage Rates Move Up From 21-Month Lows

Mortgage Rates Move Up From 21-Month Lows

Erasing a one week dip to a 21-month low, the average rate for a conforming 30-year mortgage increased from 3.59 percent to 3.69 percent but remains 59 basis points below the 4.28 percent average rate at the same time last year. Averaging 6.7 percent over the past twenty years,... Read More »

Scoop: The “Copper House” Is Bernal’s First $3M Home

Scoop: The “Copper House” Is Bernal’s First $3M Home

As we wrote when we first reported the record breaking sale of 152 Elsie last week, “the quiet sale of another Bernal Heights home which was never officially on the market is poised to blow away the $2.3 million record.” And this afternoon, the sale of 171 Ripley was officially added... Read More »