Having hit a 10-year seasonal high last week, the number of homes on the market in San Francisco, net of new sales and contract activity, has ticked up another 3 percent to 1,470, representing 150 percent more homes on the market than at the same last year (580) and... Read More »

Purchased for $2,195,000 in November of 2017, the “impeccable” three-bedroom Bernal Heights home with “ultra-clean architectural lines and floorplan that flows across 3 levels” at 29 Joy Street returned to the market priced at $2,680,000 in the third quarter of last year. And according to all industry stats,... Read More »

The refined plans for a 12-story hotel and office building to finally rise upon the long-vacant lot at 1125 Market Street, upon which the former Bell/American/Embassy Theater once stood adjacent to the newly renovated Strand, are one big step closer to reality, with the project having effectively been cleared... Read More »

Purchased for $2.8 million in April of 2015, the updated Noe Valley Edwardian with “an ideal layout” at 936 Noe Street, three blocks from the main drag, returned to the market priced at $2.995 million thus past March, a sale at which would have represented total appreciation of only... Read More »

Having dropped by nearly 60 percent in May, the number of San Francisco residents that filed a new/initial unemployment claim was effectively unchanged at 24,256 in June (versus having averaged closer to 5,000 a month since the end of the Great Recession, during which monthly filings never crossed the... Read More »

Having inched up last week, the average rate for a benchmark 30-year mortgage is now back under 3 percent by a basis point (2.99 percent) and 76 basis points below its mark at the same time last year (3.75 percent), according to Freddie Mac’s latest Mortgage Market Survey data.... Read More »

The 6,000-square-foot “Villa Cucina,” which sits on 40 acres of prime Napa Valley land, was built for Pat Kuleto, the famed San Francisco restaurateur, back in 1995. As one would expect, the centerpiece of the rustic five-bedroom home is an oversized kitchen designed by Kuleto himself, outfitted with commercial... Read More »

In a move that shouldn’t catch any plugged-in readers by surprise, the weighted average asking rent for an apartment in San Francisco has dropped another 4 percent over the past few weeks and is now down to $3,700 a month. While $3,700 a month isn’t exactly “cheap,” it’s nearly... Read More »

Having rebounded 44 percent in May following two months of twenty-plus percent declines, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, jumped another 16.6 percent in June to an above-average 116.1, which is 6.3 percent... Read More »

Having inched up to an all-time high in April, 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 – slipped 0.2 percent in May and the year-over-year gain for the index inched down... Read More »