The Fed’s “Twist” And The Markets Tumble
Citing “significant downside risks to the economic outlook, including strains in global financial markets,” and in a move dubbed “Operation Twist,” the Federal Reserve announced it will sell $400 billion…
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Citing “significant downside risks to the economic outlook, including strains in global financial markets,” and in a move dubbed “Operation Twist,” the Federal Reserve announced it will sell $400 billion…
The pace of seasonally adjusted existing-home sales in the U.S. rose 7.7 percent from 4.67 million in July to a 5.03 million pace in August, up 18.6 percent from the…
Recorded home sales volume in San Francisco increased 7.3% on a year-over-year basis last month (484 recorded sales in August 2011 versus 451 sales in August 2010), up 9.0% as…
Preliminary August labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rate at 8.8%, 7.8% and 8.3% respectively, down 0.3 percentage points in San…
According to Freddie Mac’s latest Primary Mortgage Market Survey, mortgage rates have hit all-time record lows “amid market and employment concerns and economic uncertainty.” The average rate for a 30-year…
According to the June 2011 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA increased a nominal 0.4% from May ’11 to June ’11 but remain down…
According to Federal Reserve Chairman Ben Bernanke, although problems still exist (think unemployment and sagging home prices), “the growth fundamentals of the United States do not appear to have been…
Pre-foreclosure activity in San Francisco has dropped from 576 properties in the pipeline in June to 549 today, 32 percent of which are in District 10*, down from 34 percent…
The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 298,000 in July, down 0.7 percent from a revised rate of 300,000 in June but…
Preliminary July labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rate at 9.0%, 8.1% and 8.7% respectively, flat in San Francisco and San…