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Blog Archives: January 2017 — December 2017

The Mark Company Monthly Reports San-Francisco December 2017.

December 29, 2017
http://www.themarkcompany.com/wp-content/uploads/2017/12/The-Mark-Company-Monthly-Reports-San-Francisco-December-2017.pdf

New Tax Act- What It Means for Homeowners

December 27, 2017
https://www.nar.realtor/taxes/tax-reform/the-tax-cuts-and-jobs-act-what-it-means-for-homeowners-and-real-estate-professionals

S.F. Mayor Wants to Speed Up Approvals for Housing Construction

October 13, 2017
By Erika Aguilar September 29, 2017 San Francisco Mayor Ed Lee on Thursday called on city departments to cut by nearly half the time it takes to issue building permits to developers constructing housing projects. Lee said speeding up the production of housing would help add more stock to the market and help ease rising housing prices. He said people who work in the city are commuting too far because of the housing crisis. “We’ll lose the talent if we don’t build more housing,” Lee said. “And part of that is to build it faster ...

2017 Fleet Week Agenda

October 06, 2017
SAN FRANCISCO (KRON) — The Blue Angels will be soaring over the city soon for the 37th Annual San Francisco Fleet Week! Fleet Week begins on October 1 when the United States Navy Blue Angels arrive in the San Francisco Bay. The event is expected to draw more than one million people to see the Naval Ships and Air Teams perform over the Bay. This year, the Blue Angels Air Show is Friday, October 6, Saturday, October 7, and Sunday, October 8 from 12:00 p.m.– 4:00 p.m. Get tickets to the event here Fleet Week: Best places to watch the Blue ...

Market Watch | Low Inventory Still Impacting Northern California

October 03, 2017
September 11, Sparse housing inventory continues to affect the Northern California market. The California Association of Realtors’ latest report indicates that the San Francisco Bay Area endured a large drop in pending sales due to the lack of available housing. In fact, it dipped 11.5 percent since last July. The report also indicates that San Francisco and San Mateo counties were both down double-digits, 11.0 percent and 21.4 percent, respectively. For homeowners on the fence about selling, the lack of inventory makes it a great time ...

Facebook Coming to San Francisco's 181 Fremont

September 21, 2017
In a bid to increase its physical presence in San Francisco, Facebook signed the “largest office lease in three years,” according to San Francisco Business Times, inside the spinning needle-topped 181 Fremont luxury tower. The company’s small Instagram team will be first to move into the space later this year after the building officially opens. San Francisco Business Times reports,”The lease of 436,000 square feet was confirmed by Matt Lituchy, chief investment officer of landlord Jay Paul Co. Sources said the asking rent was around $80 ...

Housing bills pass state Assembly, advancing measures to alleviate housing crisis

September 15, 2017
by Ben van der Meer The state Assembly approved a package of bills related to housing late Thursday, putting them closer to the governor’s desk for approval. After a lengthy period of holding the roll open, closely watched Senate Bill 2 got the minimum necessary 54 votes to pass out of the Assemblyon a two-thirds vote. The bill would enact a $75 base fee, up to $225, on some kinds of real estate transactions, though home sales and commercial real estate sales are exempt. Proceeds from those fees would go into a fund for affordable ...

California Legislature Passes Housing Package

September 15, 2017
Last night the California Legislature passed three major housing bills that will improve the process for building homes and create new funding sources to subsidize affordable housing. They include SB2, SB3 and SB35. SFHAC endorsed all three measures and is thrilled our elected officials in Sacramento have finally taken steps to address a problem that has become a statewide issue. Here is what each bill achieves: SB2 - Building Homes and Jobs Act Authored by Senator Toni Atkins, SB2 enacts a base fee of $75, up to $225, on real estate ...

Market Watch | Low Inventory Still Impacting Northern California

September 14, 2017
September 11, 2017 Sparse housing inventory continues to affect the Northern California market. The California Association of Realtors’ latest report indicates that the San Francisco Bay Area endured a large drop in pending sales due to the lack of available housing. In fact, it dipped 11.5 percent since last July. The report also indicates that San Francisco and San Mateo counties were both down double-digits, 11.0 percent and 21.4 percent, respectively. For homeowners on the fence about selling, the lack of inventory makes it a great ...

Highly unusual SF weather... After hot and muggy comes thunderstorm!

September 12, 2017
San Francisco lightning Storm... by Brock Keeling@BrockKeeling Sep 11, 2017 A rare treat lit up the sky Monday night when, after a day of searing temperatures, a storm hit San Francisco replete with thunder and lightning. For a city that rarely sees a blip or bolt during rainy season, it was a sight to behold. The National Weather Service reports the Bay Area played host to over 800 lightning strikes between noon and 7 p.m. Twitter even saw #lightning take trending honors over the Dodgers v. Giants game. According to ...

Presidio Terrace: City Hall might throw out sale of street

September 08, 2017
BY ADAM BRINKLOW SEP 6, 2017, 3:15PM PDT Justin Sullivan/Getty Images Back in August news broke that homeowners on ultra-tony Presidio Terrace, an O-shaped private street in the neighborhood of the same name, had somehow managed to lose ownership of their gated byway. Angry members of the exclusive cul-de-sac’s homeowners association promised they would appeal the city auction of Presidio Terrace, which the city tax collector carried out after a minuscule annual tax on the privately owned and maintained sidewalks, asphalt, ...

"No Wall on the Waterfront" trial delayed until early next year

September 08, 2017
By Joe Fitzgerald Rodriguez on September 4, 2017 1:00 am Those hoping for an outcome on the battle between the gubernatorial candidate Gavin Newsom-chaired State Lands Commission and San Francisco’s waterfront height limit law may need to wait a bit longer. The trial date to decide the fate of Proposition B, which requires voter approval to increase height limits along San Francisco’s waterfront, has been set back from this month to January 2018, according to a San Francisco Superior Court filing Thursday. The State Lands Commission, ...

Big Plans for Shuttered Lucky Penny Site Have Been Supersized

August 18, 2017
As we first reported a few months ago, while the shuttered Lucky Penny site at 2670 Geary Boulevard is only zoned for moderate density and building up to 80 feet in height, the compliant plans for a seven-story building to rise on the site, with 21 apartments over three stories of office space and a subterranean garage for 57 cars, had been kicked to the curb and non-compliant plans for an eight-story building, with 98 residential units over a ground floor retail space and an underground garage for 36 cars, were being drawn. But those plans ...

The Fall 2017 San Francisco Art & Antiques Show coming soon!

August 16, 2017
Aedicule American Garage Antonio's Bella Casa Arader Galleries Butchoff Antiques Carlton Hobbs, LLC Charles Plante Fine Arts Clinton Howell Antiques Daniel Stein Antiques, Inc. David Brooker Fine Art Earle D. Vandekar of Knightsbridge Inc. epoca Finnegan Gallery Foster Gwin Gallery Galen Lowe Art & Antiques Gallery 925 Guarisco Gallery Hayden & Fandetta Books Haynes ...

In San Francisco, landlords can legally evict their tenants if they - or in some cases, their relatives - want to move into the home

August 14, 2017
In San Francisco, landlords can legally evict their tenants if they – or in some cases, their relatives – want to move into the home.    

Lawyers Fear SF's Millennium Tower Could Tilt 10 More Inches by 2019

August 14, 2017
  A view of the Millennium Tower in San Francisco, California. The 58-story, 419-residence building was completed in 2009.   At its current rate, San Francisco's troubled Millennium Tower could tilt another 10 inches toward the Salesforce Tower in the next two years, lawyers for the homeowners warned in a legal filing urging a speedy trial over the sinking building. Owners of condos in the listing tower hoped to impress upon Judge Curtis Karnow the need to push for a trial by mid-2018 and to fund a fix. But at a ...

NAR Urges FCC to Maintain Net Neutrality

July 28, 2017
JULY 21, 2017 BY MELANIE WYNE, DAN BLAIR NAR filed comments with the Federal Communications Commission on Monday July 17 urging the agency to maintain the Open Internet Order that was put into effect in 2015.  This order creates rules establishing network neutrality.  The FCC has proposed rolling back those rules and is currently seeking public comment. Net neutrality is shorthand for the concept that Internet users should be in control of what content they view and what ...

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