Bay Area Home Sales and Median Price Drop

Bay Area Home Sales and Median Price Drop

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 6,825 in December, down 5.9 percent from a downwardly revised 7,250 sales in November and 3.9 percent lower versus the same time last year. And in San Francisco, the recorded sales volume dropped... Read More »

The Vision for Connecting SF and the City’s Future

The Vision for Connecting SF and the City’s Future

The City’s proposed vision to guide the future planning and development of transportation in San Francisco is about to be formally released. As we first reported last year, the “ConnectSF” project is a city-wide effort to both consolidate and coordinate all transportation-related planning efforts in the city as well... Read More »

Benchmark Mortgage Rate Continues to Rise, Nearing a 4-Year High

Benchmark Mortgage Rate Continues to Rise, Nearing a 4-Year High

The average rate for a benchmark 30-year mortgage rose up another 7 basis points over the past week to 4.22 percent which is the highest rate in over ten months, 3 basis points higher than the same time last year, 27 basis points higher than at the beginning of... Read More »

Refined Plans for a New 800-Foot-Tall Transbay Tower Revealed

Refined Plans for a New 800-Foot-Tall Transbay Tower Revealed

Having faced some pushback from Planning early last year, the plans for a 61-story tower to rise up to 800 feet in height upon Transbay Parcel F at 542-550 Howard Street have been newly refined by the F4 Transbay Partners project team (which includes Hines, Urban Pacific Development and... Read More »

Pending U.S. Home Sales Inch up but Still Expected to Slow in 2018

Pending U.S. Home Sales Inch up but Still Expected to Slow in 2018

The National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.5 percent to 110.1 in December, ending the year 0.5 percent higher than at the end of 2016 but 1.9 percent below its 2017 peak set in February. At... Read More »

Rents in San Francisco and Oakland Slip Versus 2017

Rents in San Francisco and Oakland Slip Versus 2017

Having ended last year lower than where they started, asking rents for apartments in San Francisco inched up 1.1 percent over the past month but remain 1.3 percent lower versus the same time last year. In fact, based on a comparison of roughly 2,500 listings, the weighted average asking... Read More »

Bay Area Home Values Tick Up to Another High

Bay Area Home Values Tick Up to Another High

Having ticked up 1.2 percent in October, 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 – ticked up 1.4 percent in November to another all-time high while the index for Bay Area... Read More »

Contemporary Cow Hollow Development Positioning to Break Ground

Contemporary Cow Hollow Development Positioning to Break Ground

Having been approved by Planning last month, the exemption to allow the long-shuttered Chevron service station site at the corner of Van Ness and Union to be leveled and a contemporary seven-story building to rise upon the Cow Hollow site has officially been endorsed and a permit to start... Read More »

Potrero Penthouse Fetches 4.3 Percent over 2014 Price

Potrero Penthouse Fetches 4.3 Percent over 2014 Price

Purchased for $1.725 million in May of 2014 and dubbed “the best penthouse in the Onyx,” the two-bedroom unit #407 at 415 De Haro Street, in the flats of Potrero Hill, returned to the market listed for $1.850 million this past November. The corner unit features an open floor... Read More »

Designs for a Destination Waterfront Hotel

Designs for a Destination Waterfront Hotel

With the proposed 326-unit building to rise up to eight stories in height on the Jack London Square parcel known as “F2” softly rendered in the background, the design for a proposed waterfront hotel to rise up to 67 feet in height on the adjacent parcel known as “F3”... Read More »