Articles Recently Tagged: Pending Home Sales

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Price Reductions, and Increases, on the Rise in San Francisco

With new listing activity and inventory levels having plummeted, and the pace of home sales having sharply dropped, the percentage of homes on the market in San Francisco with at least one official price cut – which doesn’t include properties that were withdrawn from the MLS and then re-listed... Read More »

Inventory Levels in SF Drop 20 Percent in 3 Days

Having hit a 9-year high at the beginning of the week, prior to the COVID-19 related stay at home order having been issued in San Francisco and the Dow having dropped an additional 15 percent, for a total drop of over 30 percent since mid-February, the number of homes on... Read More »

Pace of Home Sales in San Francisco Falls

While the pace of home sales in San Francisco was already starting to slow last month, the slowdown in contract activity has become more pronounced over the past two weeks. In fact, while contact activity in San Francisco was running around 5 percent higher on a year-over-year basis last... Read More »

Number of Homes on the Market in SF Hits a 9-Year High

Number of Homes on the Market in SF Hits a 9-Year High

Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco has jumped 50 percent since the Super Bowl to 750.  And in fact, inventory levels are now running 17 percent higher than at the same time... Read More »

Pending Home Sales Activity in the U.S. Rebounds, But…

Pending Home Sales Activity in the U.S. Rebounds, But…

Having dropped 4.9 percent in December, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, rebounded 5.2 percent in January for a 108.8 reading overall, which is 5.7 percent above its mark at the same time... Read More »

Pace of Home Sales in San Francisco Slows Down

While the pace of home sales in San Francisco started ticking up at the end of last year on a year-over-year basis, having dropped in 2019 overall, keep in mind that said sales were compared to 10 and 11-year lows in San Francisco and the Bay Area at the... Read More »

Pending Home Sales Activity in the U.S. Drops

Pending Home Sales Activity in the U.S. Drops

While the pace of home sales across the U.S. ended the year up, with contract activity having ticked up 1.2 percent in November, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, suddenly dropped 4.9 percent... Read More »

2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

With only a handful of homes having been newly listed for sale over the past week and the seasonal culling of unsold listings – most of which are likely return to the market as “new” in the new year – having peaked, the number of homes officially listed for... Read More »

Pace of Pending Home Sales in the U.S. Rebounds

Pace of Pending Home Sales in the U.S. Rebounds

Having slipped 1.7 percent in October, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 1.2 percent in November to 108.5. As such, the pace of new contract signings across the U.S. is now running 7.4 percent higher... Read More »

Pending Home Sales Tick up in San Francisco, Inventory Drops

Having peaked at an 8-year high in October, the number of homes on the market in San Francisco has since dropped 40 percent and is now running 13 percent lower than at the same time last year, driven by a combination of normal seasonality, a slowdown in new listing... Read More »