Weekend Events and the Weekly Real Estate Update

This weekend, once again it’s all about pride. With over 200 parade contingents, 200 exhibitors, and more than 20 stages and venues, the San Francisco LGBT Pride Celebration and Parade is the largest LGBT gathering in the nation.

Celebration and Rally
Saturday, 12:00 Noon to 6:00 PM
Sunday, 11:00 AM to 6:00 PM
Civic Center Plaza

Parade
Sunday, 10:30 AM


On the “Homes for Sale in San Francisco” front, here’s our report for this week, 6/17/18 – 6/23/18

Pipeline of Residential Development in San Francisco Grows

With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units where construction has recently been completed, the overall pipeline of apartments and condos under development in San Francisco increased by 2,600 in the first quarter of 2018 to a record 67,800. That’s an increase of 4,200 units over the same time last year.

What’s more, according to a recent SocketSite.com post, the number of units in projects which have already broken ground and should be ready for occupancy within the next year or two has ticked up by 475 to 6,750. However, that remains 23 percent below a recent peak of 8,800 — set in the third quarter of 2015.

Nevertheless, when building permits and proposals are added to the number of projects currently underway, San Francisco’s Housing Pipeline now totals 67,800 as mentioned. This figure includes 11,450 units of “affordable housing” which are to be offered at below market rates.

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Summer Picnic Posters at SFMOMA

A new Stephen Frykholm exhibition, Summer Picnic Posters, opens this Saturday at the San Francisco Museum of Modern Art and runs through September 3. This is how the museum describes it:

In 1970, furniture company Herman Miller — producer of iconic pieces by designers such as George Nelson and Charles and Ray Eames — hired Stephen Frykholm to lead its recently established graphic design department. One of Frykholm’s first assignments was to create screenprinted posters for the Sweet Corn Festival, an annual company-wide summer picnic. He designed a new poster each year from 1970 to 1989 before passing the baton to his team, which he led until his retirement, in 2015.

His bold, Pop art–influenced posters have become iconic in their own right, instantly transporting us to the picnic table with their vibrant close-ups of a favorite American pastime.

We don’t know if it’s the subject matter — so innocent and uncomplicated — or the thought that a commercial art assignment could be so beautifully done that it becomes museum-quality fine art, but we find this exhibition irresistible.

SFMOMA
151 Third Street
San Francisco, CA 94103

 

48th Annual San Francisco Pride Celebration

This weekend, once again it’s all about pride. With over 200 parade contingents, 200 exhibitors, and more than 20 stages and venues, the San Francisco LGBT Pride Celebration and Parade is the largest LGBT gathering in the nation.

Celebrations begin on Saturday in Civic Center Plaza. The Parade, which takes place Sunday morning, heads down Market Street, from the Embarcadero to the Civic Center.

SF Pride includes two days of inspirational speakers and performers. Kehlani is the headliner this year, appearing on the Main Stage on Sunday.

For complete details on the celebration and parade, visit SFPride.org.

Celebration and Rally
Saturday, 12:00 Noon to 6:00 PM
Sunday, 11:00 AM to 6:00 PM
Civic Center Plaza

Parade
Sunday, 10:30 AM

The Mission’s Best Mexican and Latin American Restaurants

Although the Mission District may be losing its Latino residents — according to the San Francisco Chronicle quoting a 2017 City report, since 2000 the Latino population of the neighborhood has decreased from 33 percent to 15 percent — the neighborhood is still the culinary heart of San Francisco’s diverse Latin American community.

As the paper says, “Anyone can get burritos in the Richmond and the Bayview. But the Mission’s Mexican, Salvadoran, Nicaraguan and Peruvian restaurants are owned by — and, more importantly, operated for — Mexican, Salvadoran, Nicaraguan and Peruvian American diners.”

They list a bunch of places that they say are the best Mexican and Latin American restaurants in the Mission. Here are five of our favorites:

To see the Chronicle’s entire list, along with descriptions, click here.

Should You Move to SF?

“Should You Move to SF?” When we saw this headline for a column on SF. Curbed.com, we held our breath and read the piece with trepidation.  It’s easy to be negative, and to take shots online. We see that all the time. And these days, San Francisco can be a big target — we certainly have our share of challenges. But we found the post by Brock Keeling and

They begin by looking at the City as a whole, and then get into specifics.

The first thing you should know: SF is expensive. Second thing you should know: It’s small. These two factors will play major roles in your decision and life here, should you choose to accept it.

If you’re coming from a small town, San Francisco will feel larger than life, and overwhelming. On the other hand, if you’re coming from a large metropolis such as New York City, Chicago, Los Angeles, or even Philadelphia, SF will seem small. With a conservative amount of space — the city measures 46.87 square miles — you might be surprised to find that, for a city considered the capital of technology, it’s somewhat provincial.

San Francisco is filled with extremes and contradictions, ranging from the microclimates to the economy.

All very true. Here are just some of the specifics they go on to address, explore, and explain:

  • Picking a neighborhood you like is important.
  • If possible, live in SF without a car.
  • Not everyone works in/talks about tech.
  • Political beliefs are really strong.
  • You’ll be spoiled with outdoor space.

To read the entire feature, please click here.

Weekend Events and the Weekly Real Estate Update

This weekend the 64th Annual North Beach Festival takes place both Saturday and Sunday. The two-week long SF Jazz Festival ends on Sunday.  The Stern Grove Festival 2018 Kick-Off Concert takes place on Sunday, with Peabo Bryson & Jeffrey Osborne performing. And of course, it’s Father’s Day on Sunday, so you might want to take him along to one of these events.


On the “Homes for Sale in San Francisco” front, here’s our report for this week, 6/10/18 – 6/16/18

Home Prices Had Third Highest Spike in Nation in Q1

CoreLogic released its quarterly National Home Price Index recently and, according to SF.Curbed.com, found that San Francisco’s home price bounce since 2017 was the third highest in country.

The median asking price for a San Francisco home reached a record $1.6 million in the first quarter, nearly double what it was just five years ago.

CoreLogic’s 20-city composite score, which “measures the value of residential real estate in 20 major U.S. metropolitan areas,” was up 6.8 percent year over year in the first quarter. In San Francisco, however, it was 11.3 percent.

That 11.3 percent appreciation is number three in the nation, behind only Seattle (at 13 percent) and Las Vegas (12.4 percent).

It’s important to note that the Case-Shiller method measures “the prices of single-family, detached residences” by comparing the sale prices of the same properties over time. This means that the index excludes almost all of the City’s most recent construction, as condos are not included in this study.

SF Jazz Festival on Now Through June 17

The 36th Annual San Francisco Jazz Festival opened last week, and continues tonight through June 17. Presenting a phenomenal array of concerts, it has been called the “biggest and probably the best Jazz festival in the world” by The Observer, a newspaper out of England of all places. The festival features 24 shows over seven days in two performance spaces at the SFJAZZ Center — 3 shows every night!

Still to perform:

Some performances are already nearly sold out, so if you hope to attend, visit the Festival website soon for information and tickets.