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 »

Potrero Hill Dorm Development Closer to Reality

Potrero Hill Dorm Development Closer to Reality

Plans to levels the one-story warehouse building on the northeast corner of Arkansas and 17th Streets and develop a four-story dorm for students enrolled at the California College of the Arts on the Lower Potrero Hill site are closer to reality, with San Francisco’s Planning Department having just granted... Read More »

East Bay Office Market Cause for Concern?

East Bay Office Market Cause for Concern?

While not specifically quantified, the volume of office tenants in San Francisco seeking new space in the East Bay “dropped significantly” over the past quarter, according to an accounting by Cushman & Wakefield. And while the drop was partially attributed to a lack of available space, with the vacancy... Read More »

Russian Hill Platinum House Price Reduced $1.75 Million

Russian Hill Platinum House Price Reduced $1.75 Million

Listed for $11.25 million, or just over $2,000 per square foot, two months ago, the asking price for the designer Russian Hill home at 1209 Filbert Street, which is LEED Platinum certified, has just been reduced to $9.5 million ($1,693 per listed square foot). Designed by John Maniscalco, the... Read More »

Legislation to Allow New In-Law Units throughout San Francisco

San Francisco’s Board of Supervisors is slated to approve legislation which will allow more in-law units to be added to existing buildings throughout San Francisco. And the bargaining chip ballot measure designed to put pressure on the Board’s passage of the legislation is slated to be withdrawn. Under the... Read More »

A Hacked Up Laurel Heights Home Hits the Market for $1.2M

A Hacked Up Laurel Heights Home Hits the Market for $1.2M

The former San Francisco home and studio space of Howard Hack, the distinguished local artist who passed away last year, the two-unit Laurel Heights building at 54-56 Cook Street has sat (mostly) vacant for over 15 years. And it shows. Or to quote the agent for the property which... Read More »

Warriors Appear to Have Won the Mission Bay Arena War

Warriors Appear to Have Won the Mission Bay Arena War

A Superior Court judge has just ruled in favor of the Golden State Warriors in their legal battle with the Mission Bay Alliance over building an 18,000-seat arena and event center in San Francisco’s Mission Bay. The judgment by the Honorable Garrett L. Wong, which affirmed the City’s contested... Read More »

A $2 Million Cut for One of the Three on That Coveted Block

A $2 Million Cut for One of the Three on That Coveted Block

Speaking of listings in San Francisco for which the asking price has been reduced at least once, the list price for the remodeled Pacific Heights home at 2480 Broadway has just been cut by $2 million (13 percent) in one fell swoop. They’re now asking $13.5 million for the... Read More »

The City Is Planning to Develop a 50-Year Vision to Connect SF

The City Is Planning to Develop a 50-Year Vision to Connect SF

Dubbed Connect SF, the City of San Francisco is about to launch a city-wide effort “to both consolidate and coordinate all transportation-related planning efforts to improve mobility for all people in San Francisco.” And by the middle of 2018, the effort is expected to yield “an overarching 50-year vision... Read More »