Pipeline of Development in San Francisco Ticks Up, Construction Too

Pipeline of Development in San Francisco Ticks Up, Construction Too

With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units that recently finished up construction for the fourth quarter in a row, the overall pipeline of apartments and condos under development in San Francisco increased by nearly a... Read More »

Nearly 70 Percent More Homes on the Market in San Francisco

While the pace of home sales in San Francisco continues to slow, with fewer than 20 new homes listed for sale in San Francisco over the past week and a typical end of the year culling of unsold listings picking up steam, the number of homes actively listed for... Read More »

Folsom Street Development and Its Shadow Closer to Reality

Folsom Street Development and Its Shadow Closer to Reality

Having been redesigned to look less “muddled,” while adding a floor, last year, the proposed seven-story development to rise on the northwest corner of Folsom and Russ Street, upon the Fondue Cowboy and Deli Board site at 1052-1060 Folsom Street, has been redesigned anew by SIA Consulting, at least... Read More »

Another, Bigger, Sub-2015 Sale in South Beach

Another, Bigger, Sub-2015 Sale in South Beach

As we wrote when we noted the slightly sub-2015 sale price for the one-bedroom unit #403 at 72 Townsend Street last year, “if you’re kicking yourself for having missed yet another anomalous and cherry-picked outcome (as some will certainly continue to rationalize), please don’t. Instead, turn your attention to... Read More »

Cause of Transit Center’s Cracks and Proposed Fix Revealed

Cause of Transit Center’s Cracks and Proposed Fix Revealed

The forensic engineering team (LPI) engaged to identify the root cause of the two fissures/fractures which caused the emergency closure of San Francisco’s new Salesforce Transit Center, a month after it opened, has reached a preliminary conclusion and a possible fix has been drafted. According to the team, the... Read More »

Puttin’ on the Ritz for $325K Less

Puttin’ on the Ritz for $325K Less

Purchased as new for $2.2 million in early 2008, right as the Great Recession was picking up steam, the two-bedroom, two-bath Ritz-Carlton Residences unit #2101 at 690 Market Street quietly resold at the end of 2014 with a $2.125 million contract price. Boasting “expansive windows to capture stunning city... Read More »

Benchmark Mortgage Rate Drops to a Three-Month Low

Benchmark Mortgage Rate Drops to a Three-Month Low

The average rate for a benchmark 30-year mortgage has dropped 18 basis points over the past two weeks to 4.63 percent, which remains 70 basis points above its mark at the same time last year but represents a three-month low, according to Freddie Mac’s latest Mortgage Market Survey data.... Read More »

Another Hillside in San Francisco Is Now in Play

Another Hillside in San Francisco Is Now in Play

Speaking of previously undeveloped hillside parcels in San Francisco which are now in play, the 1.5-acre parcel of land which sits below the 18 homes stretching from 107 to 141 Topaz Way, fronting Diamond Heights Boulevard and across from the Walter Haas Playground and dog park, is in contract... Read More »

Up and Down in the Inner Mission Take Two

Up and Down in the Inner Mission Take Two

Purchased for $950,000 in June of 2015, the modern two-bedroom unit #411 at 1875 Mission Street (aka “M@1875”) returned to the market listed for $1,050,000 this past August, a sale at which would have represented total appreciation of 10.5 percent for the “luxurious, stylish and modern top floor [Mission... Read More »

Peter Thiel’s Former Mansion Quietly Sold for $7.4 Million

Peter Thiel’s Former Mansion Quietly Sold for $7.4 Million

While we missed it at the time, as correctly noted by a plugged-in reader last week, the Marina District mansion that PayPal co-founder turned iconic Silicon Valley venture capitalist and hedge manager, Peter Thiel, purchased for $6.5 million in 2010 and then spent a pretty penny to reconfigure and redecorate,... Read More »