Market News

New construction condos are priced eight percent lower than one year ago

Are we past the pricing peak for new construction condos in San Francisco? It looks that way, according to new data from the Mark Company that shows new condos entering the market last month were priced eight percent lower than new condos coming to market one year ago. “The decrease is due to fierce competition for

Read More
A roadmap for America’s transportation future

At the beginning of the Obama administration, it would have seemed fantastical to think the Department of Transportation (DOT), an agency popularly known for highways, would be navigating the tricky world of robot driving regulations or trying to invest in the future of urban technology. But with the rapidly evolving worlds of smart city technology

Read More
San Francisco’s real estate market has reached ‘peak unaffordability’: housing expert

<p class=”canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm canvas-atom” data-type=”text” data-reactid=”.1z3jdhzkkzm.$tgtm-Col1-0-ContentCanvas.0.4.0:$1″>For San Francisco Bay Area residents long accustomed to skyrocketing rents and real estate prices, there’s some relief on the horizon.</p> <p class=”canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm canvas-atom” data-type=”text” data-reactid=”.1z3jdhzkkzm.$tgtm-Col1-0-ContentCanvas.0.4.0:$2″>According to Trulia Chief Economist Ralph McLaughlin, San Francisco Bay Area rents and real estate prices are cooling off, down

Read More
Mrs. Doubtfire House Priced at $4.45 Million, Peek Inside

While it’s still not listed on the MLS nor yet official inventory, the asking price for <a class=”local_link” href=”” target=”_blank”>the iconic “Mrs. Doubtfire House” at 2640 Steiner Street</a>, which was purchased for $1.395 million in 1997, has been set at $4.45 million. According to <a class=”external_link” href=”” target=”_blank”>the agent for the four-bedroom Pacific Heights home</a>

Read More
Four surprising factors that can lower S.F. home prices

In a trend we started noticing this past spring, San Francisco’s home market seems to be slowing down. That slow down is all relative, of course. We’re still seeing many homes sell for well over asking with multiple offers. But we’re also seeing homes begin to sit longer or even take price cuts, especially at

Read More
Most Homes on the Market in San Francisco since Late 2011

While recorded sales activity in San Francisco ticked up last month, the pace of new listings has ticked up even more. And the number of single-family homes and condos listed for sale in San Francisco now totals 885, which is most at any point in time since the end of 2011 and 31 percent higher

Read More