Explicit Changes to Local Stay-at-Home Orders
In addition to extending the existing ‘stay-at-home’ order for Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties through May 3, 2020, the revised order explicitly tightens…
Index for Bay Area Home Values Started the Year With a Slip
Having ended last year up 2.1 percent on a year-over-year basis but 1.3 percent below peak, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan…
Bay Area ‘Stay-at-Home’ Order Extended to May
The “stay-at-home” order which was issued for the Bay Area on March 16, and was tentatively slated to remain in place until April 7, is proactively being extended to “at…
Pending Home Sales Activity in the U.S. Was Up Last Month
Having rebounded 5.2 percent in January, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked up…
Inventory Levels and Sales Continue to Drop in San Francisco
Having plummeted 40 percent last week, the number of homes on the market in San Francisco has since dropped another 14 percent to 390, which isn’t zero but is 37…
Bay Area Employment Held Last Month, But…
Having been downwardly revised by the State at the start of the year, the estimated number of people living in San Francisco with a paycheck inched up by 1,100 in…
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…
Benchmark Mortgage Rate Drops, Short-Term Rate Jumps
Having spiked last week, the average rate for a benchmark 30-year mortgage has since shed 15 basis points for an average rate of 3.50 percent, which is 56 basis points…
Prominent Penthouse Fetches at $4.85 Million Price
As we outlined last month: The signature penthouse unit atop the historic Clock Tower Lofts Building at 461 2nd Street hit the market in the second quarter of 2016 with…
Pace of New Home Sales in the U.S. Dropped Last Month
While trending up at the beginning of the year, the pace of new single-family home sales in the U.S. dropped 4.4 percent in February, prior to the impact of COVID-19…