Eviction Moratoriums Extended [UPDATED]
With over 6 million households in the U.S. still in arrears on their rents, the Centers for Disease Control and Prevention has just extended the federal moratorium on evictions, which…
Benchmark Mortgage Rate Inches Back Over 3 Percent
The average rate for a benchmark 30-year mortgage has inched up 9 basis points (0.09 percentage points) over the past week to 3.02 percent, which is the highest average rate…
Plans for Big Dolores Heights Infill Home Challenged
As we outlined earlier this year: Purchased for $6.5 million, or a breathless “$6,069 per square foot,” back in May of 2018, plans to raze the existing 1,071-square-foot home on…
Pace of New Home Sales Drops, Inventory Hits a 14-Month High
Despite inventory levels having ticked up to a 14-month high, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.9 percent last month to an annualized…
Purchase Loan Activity in the U.S. Down 14 Percent YOY
While mortgage loan application volumes across the U.S. inched up 1 percent over the past week, with applications to refinance having ticked up 3 percent, purchase loan activity actually slipped…
Pace of Existing Home Sales Drops to an 11-Month Low
Having slipped another 0.9 percent in May, the seasonally adjusted pace of existing-home sales across the U.S. has dropped to an annual rate of 5.80 million sales, which was 44.6…
Restored “Mayor’s Mansion” Reduced, Still on the Market
The storied Liberty Hill home at 3690 21st Street, which sits on a nearly 6,000-square-foot, camouflaged corner lot and was built as a party/guest house for San Francisco Mayor James…
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Infamous Sea Cliff Mansion Suddenly Listed for $2 Million Less
While slated to be foreclosed upon, again, next month, the courthouse auction for the infamous seven-bedroom home at 224 Sea Cliff Avenue was canceled the day after we highlighted it…
Rents Have Ticked Up an Uneven 4 Percent in San Francisco
Having bottomed out in May, the weighted average asking rent for an apartment in San Francisco has since ticked up a little over 4 percent to $3,175 per month, but…
Bay Area Employment Rebounding, But…
Having slipped in April, the number of people living in San Francisco with a paycheck increased by 5,300 in May to 516,300, representing the most employed residents in the city…