Monthly Archives: October 2020

Reduced Rents and Pricing for a Prized View Condo

Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at 338 Main Street, unit #35A, was then listed for $3,449,000 … Continue reading

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SF had a $6 billion vision for Central SoMa. Then the pandemic hit, and tech pulled back

After nearly a decade of planning, the transformation of 230 acres in San Francisco’s Central South of Market neighborhood into a booming tech and housing hub is suddenly in doubt as the economy sputters from the coronavirus pandemic. Pinterest’s cancellation … Continue reading

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S.F. rent prices plunge as much as 31% — steepest decline in U.S., new report says

More evidence shows that San Francisco’s astronomical rent prices are plummeting closer to earth. According to the September rent report from listings website Realtor.com, San Francisco’s rental prices experienced the steepest declines in the nation year-over-year in all three of … Continue reading

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COVID Exodus: Home For Sale Listings Soar As Pandemic’s Economic Impact Grips San Francisco

SAN FRANCISCO (CBS SF) — Rents are tumbling and the number of homes listed for sale are soaring — all signs that the COVID 19 exodus from San Francisco was not losing its momentum six months into the pandemic. With … Continue reading

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Number of Properties For Sale In SF Nearing Two-Decade High; Condos and Single-Family Homes See Price Drops

In the history of San Francisco real estate, the lows never drop too low or last too long. Will this time be different? The number of single-family homes on the market just hit a nine-year high this week, as Socketsite … Continue reading

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