2020 Ended With Inventory Up Nearly 3X in San Francisco
While the net number of homes listed for sale dropped around 45 percent over the past month in San Francisco, as was to be expected with a seasonal culling of…
Benchmark Mortgage Rate Dropped Nearly 30 Percent This Year
While the average rate for a benchmark 30-year mortgage inched up one (1) basis point over the past week from an all-time low of 2.66 to 2.67 percent, it’s ending…
Pending Home Sales Tick Down 2.6 Percent Nationally
Having slipped one (1) percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked…
Oakland Rents Tick Down, Listing Activity Up 2X
While the average asking rent for an apartment in Oakland hasn’t declined as much as it has in San Francisco, either in the absolute or relatively, it has ticked down…
Luxury One-Bedroom Drops $200K Since Mid-2019
Purchased for $1.225 million in May of last year, near the height of the industry-driven “wave of millionaires” misreports, the garden view unit #4C in the Lumina mid-rise at 333…
Index for Bay Area House Values Inches Up, Condos Slip
Having ticked up an upwardly revised 1.3 percent in September, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Failed Auction Yields Newfound Transparency
Purchased for $665,000 in July of 2013, the 765-square-foot unit #1011 in the SoMa Grand at 1160 Mission Street returned to the market listed for $779,000 this past July, a…
The “Most Expensive Home in San Francisco” Sold for Far Less
As we outlined in August of last year: Priced at $45 million , which was misreported by some as being “the most expensive home ever listed” in San Francisco, “Residence…
Average Rent in San Francisco Dropped $1,000 In 2020
With the average asking rent for a one-bedroom apartment in San Francisco having dropped 23 percent over the past year to under $2,700 a month and the average asking rent…
COVID-19 Case Rate in San Francisco Hits a New High [UPDATED]
The average number of daily new COVID-19 cases diagnosed in San Francisco, which had dropped to under 30 in October, ticked up to a new pandemic high of 288 as…