Monthly Archives: May 2022

SAN FRANCISCO, Calif. — As record-low mortgage rates brought on by the pandemic begin to level out, some Bay Area homeowners are paying more than 20% since the start of the year. According to Zillow’s March Market Report, a typical … Continue reading →

The home, which hit the market in April, lasted a mere 10 days before a sale was pending. Listing agent Kevin Tannahill told KPIX the home received 11 offers, all at least $200,000 over asking. The owners accepted the offer that was … Continue reading →

The widening gap is a stark example of the squeeze that high housing prices and rising mortgage rates are putting on average home buyers, especially those entering the market. “The conforming-loan buyers are usually first-time home buyers and they are … Continue reading →

The futility and hypocrisy simply became too much, he said in a series of phone interviews from his new home on the East Coast. “It’s a beautiful city,” he said about San Francisco. “But it’s fraudulent. We are a fraudulent … Continue reading →

But developers have said there are numerous hurdles to converting offices to housing, including high construction costs and lack of access to light and air within structures. The city’s Planning Department database shows no major office to housing conversions have … Continue reading →