Indexes for Bay Area Home and Condo Values Continue to Drop

Indexes for Bay Area Home and Condo Values Continue to Drop

Having dropped another 1.4 percent in December, which is the largest month-over-month decline in seven years, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (which includes the East Bay, North Bay and Peninsula) shed nearly 3 percent in the fourth quarter of... Read More »

Oakland A’s Refine Design for Proposed Waterfront Development

Oakland A’s Refine Design for Proposed Waterfront Development

From the Oakland A’s President, Dave Kaval: “Back in November, we were thrilled and humbled by the initial positive response to our preliminary concepts for the ballpark design. Fans and community members alike expressed excitement about the design. Since then, we’ve continued to meet with public officials, fans, and... Read More »

Asking Rents Inch up in San Francisco, Slip in Oakland

Asking Rents Inch up in San Francisco, Slip in Oakland

Having reversed course last year, the weighted average asking rent for an apartment in San Francisco has inched up over the past two months and slipped in Oakland. Including one-off rentals, as well as those in larger developments, the average asking rent for an apartment in San Francisco is... Read More »

Déjà Vu All over Again at the Ritz in San Francisco

Déjà Vu All over Again at the Ritz in San Francisco

Purchased as new for $1.53 million, or roughly $1,284 per square foot, in early 2008, right as the Great Recession was picking up steam, the two-bedroom Ritz-Carlton Residences unit #1702 at 690 Market Street returned to the market in early 2015 priced at $1.75 million. Reduced to $1.65 million... Read More »

House-Like Russian Hill Gem Drops Below its 2016 Price

House-Like Russian Hill Gem Drops Below its 2016 Price

The three-bedroom Russian Hill townhome at 2201 Leavenworth street, which offers “fabled Bay views,” a remodeled kitchen with a restored Wedgewood stove, and stacked parking for two cars in its garage below, and access to the building’s shared roof deck above, last traded hands for $3.2 million in March... Read More »

Proposed Timeline and Route for New Rail Line over the Bay

Proposed Timeline and Route for New Rail Line over the Bay

As envisioned by Cross Bay Transit Partners, which is private affiliation between Facebook and Plenary, in conjunction with the San Mateo County Transit District, the Dumbarton Transportation Project would yield a new high-capacity rail link “between residential neighborhoods in the East Bay and job centers on the San Francisco... Read More »

Inventory Up and Pace of Home Sales Continues to Drop in the U.S.

Inventory Up and Pace of Home Sales Continues to Drop in the U.S.

The seasonally adjusted pace of existing-home sales across the U.S. dropped another 1.2 percent last month to an annual rate of 4.94 million sales, which is 8.5 percent lower versus the same time last year, the third consecutive month-over-month decline and the slowest overall pace of sales since the... Read More »

Plans for Slender, 25-Story Micro-Room Hotel Revealed

Plans for Slender, 25-Story Micro-Room Hotel Revealed

Plans for a slender 25-story hotel to rise up to 260 feet in height on the 4,000-square-foot parking lot site at 36 Tehama Street have been submitted to Planning. And as envisioned by J Street Hospitality and designed by Handel Architects, the new Transbay District hotel would be outfitted... Read More »

Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

As we outlined this past November: The Pacific Heights parcel and approved plans for a modern 6,800-square-foot home to rise on the 2921 Vallejo Street site, which were drawn by John Maniscalco Architecture and the subject of both a confidentially settled lawsuit and unsuccessful Discretionary Review (DR), hit the... Read More »

Number of Homes Listed for Sale in San Francisco Starting to Climb

Number of Homes Listed for Sale in San Francisco Starting to Climb

Muted by the holiday weekend, the net number of homes on the market in San Francisco (615) was relatively unchanged over the past week but remains 28 percent higher than at the same time last year, 76 percent higher than at the same time in 2015 (350) and a... Read More »