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Blog Archives: September 2015

Prop I May Shut Down Market Rate Housing in the Mission

September 14, 2015
Source: Hanson Bridget November’s Proposition I will ask San Francisco voters to decide whether the city should stop issuing permits for new market-rate housing developments in a large portion of the Mission District. The moratorium would be aimed at developments of more than four dwellings per lot, and could last for a period of 18 months. The construction of affordable housing in the Mission has long been the objective of city planners, elected officials and Mission activists. When the Eastern Neighborhoods (including the Mission) were ...

Fixed Mortgage Rates Tick Higher Amid Continued Volatility

September 10, 2015
MCLEAN, VA--(Marketwired - Sep 3, 2015) -  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates ticking higher amid another week of volatile market activity on essentially no new information. News Facts 30-year fixed-rate mortgage (FRM) averaged 3.89 percent with an average 0.6 point for the week ending September 3, 2015, up last week when it averaged 3.84 percent. A year ago at this time, the 30-year FRM averaged 4.10 percent. 15-year FRM this week ...

Welcoming the Fall Season on the Right Note with the San Francisco Opera and Symphony

September 08, 2015
Fall is almost here and you know what that means…it’s officially time to soak in the beautiful melodies of the San Francisco Opera and Symphony. First to launch into their fall season is the San Francisco Opera with their annual Opera in the Park event, set to take place on Sunday, September 13 at 1:30 pm. Join fellow music lovers at Sharon Meadows in Golden Gate Park to enjoy this free performance and a preview of what’s to come this fall season. Just be sure to arrive early and claim a good viewing spot as this popular event typically ...

The Nation’s Housing Market Back to Pre-Recession Levels

September 08, 2015
The San Francisco housing market has been extremely hot for some time now, but it has taken other parts of the country a while longer to get back on track from the recession. Now it seems that the rest of the nation has finally joined in the “house party.” The National Association of Realtors® recently reported that existing-home sales steadily increased for the third consecutive month in July, reaching the highest pace since before the recession in February 2007. Total existing-home sales, including single-family homes, townhomes, ...

Architecture and the City | September 1-30

September 08, 2015
San Francisco is home to some of the most intricately designed and established architecture throughout the United States. Whether it’s a historically built Victorian home with its unique personality and charm, or a modern skyscraper springing up from the Financial District, each building has its own story to tell in this eclectic city. So it should come as no surprise to locals that San Francisco, the hub of architecture, hosts the annual Architecture and the City Festival each year. And lucky for you, the festival returns this month in ...

San Francisco: The New Foodie Capital of the United States?

September 08, 2015
Has San Francisco surpassed New York as the foodie capital of the United States? That’s debatable, but recent accolades suggest a culinary cultural shift from the east to west coast. Last month, San Francisco was declared the “Best Food City in the Country,” by Bon Apptit and the “Best Place for Foodies” in MONEY’s “Best Places to Live 2015” feature. According to MONEY, San Francisco has 4.44 restaurants or grocery stores for every 1,000 people, providing food options aplenty, from casual food trucks and street food to Michelin-rated ...

A First Look at Mission Action Plan 2020

September 02, 2015
Source: San Francisco Housing Coalition, Aug 31, 2015 Claudia Flores visited us from the Planning Department last Friday to share the latest on the Mission Action Plan 2020 (MAP2020) with the SF Housing Action Coalition’s Regulatory Committee. The Mission neighborhood has been losing low- to moderate-income households faster than the SF average, and the Latino population has dropped from 50% to 38.5% of the Mission’s population over the past 13 years. To stem this tide and address the challenge of preserving the neighborhood’s diversity, ...