New law: Unlimited In-Law Units for Big Buildings, Almost All Rent-Controlled

In the middle of a housing crisis, San Francisco City Hall wants more in-law units. And, barring any unforeseen icebergs in the water, a new bill that delivers density to Board of Supervisors moderates hot for more housing and a new source of rent control to liberals seems like a winner to pass. CONTINUE READING ON CURBED...
Under $700K Club: Studio Inside Tenderloin Art Deco Gem Asks $479,000

While the 1930 Hamilton on O’Farrell is home to the city’s most expensive penthouse on the market, it’s also where many nifty little studios hit the market now and then. Today a fourth floor unit inside the famed Tenderloin residential building lands on the market, asking $479,000. CONTINUE READING ON CURBED...
Under 700K Club: 370-Square-Foot SoMa Studio Wants $495,000

...Coming in at a scant 370 square feet, 574 Natoma St is a bit of a wee thing, featuring a Murph bed, gas fireplace, full kitchen with dishwasher, decent sized bathroom, and a top-floor setting. CONTINUE READING ON CURBED...
Potrero Hill Dorm Development Closer to Reality

...The proposed building, which is being designed by Leddy Maytum Stacy (LMS) Architects, would rise up to 48-feet in height at 75 Arkansas Street. And while technically only 30 units of housing across the top three floors, each multi-room unit includes a small living/dining room and kitchenette and the 30 units would be outfitted with a total of 228 bedsCONTINUE READING ON SOCKETSITE...
Economist Says Red Tape Is to Blame for Housing Crisis

Ralph McLaughlin, an economist with the real estate site Trulia, says he’s spotted a bugbear in the process: He projects that for every month you tack onto the average wait time for entitlements, the city’s overall housing elasticity (the measure of how quickly and easily the local housing market can jimmy up new supply) drops by 0.03 points. CONTINUE READING ON CURBED...
Benchmark Mortgage Rate Ticks Up

Having dipped to within 10 basis points of an all-time low, the average rate for a benchmark 30-year mortgage ticked up 4 basis points to 3.45 percent over the past two weeks but remains 59 basis points below the 4.04 percent average rate in place at the same time last year and 52 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December. CONTINUE READING ON SOCKETSITE...
San Francisco, Marin & Sonoma
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Article text and images courtesy of SF Examiner, Hoodline, SocketSite, The Registry, San Francisco Business Times, Curbed SF. The news articles contained herein are not prepared by Vanguard Properties, and the accuracy of the articles has not been verified by Vanguard Properties. Nothing contained herein should be considered to be a legal opinion of any kind and should not be relied upon as such. ©2016 Vanguard Properties. All rights reserved. BRE License No. 01486075. Equal Housing Opportunity

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