Mortgage Rates Inch Up
Having dropped to a six-month low of 6.61 percent at the end of 2023, the average rate for a benchmark 30-year mortgage has since inched up a (1) basis points…
Mission District Mini Penthouse Trades for Over 20% Less
As we outlined a few months ago, the top-floor, junior one-bedroom “penthouse” unit #813 at 45 Bartlett Street (a.k.a. Vida, “in the heart of the bustling Mission District”), which was…
Purchase Mortgage Activity Keeps Ticking Down
Despite a drop in mortgage rates to a six-month low, purchase mortgage application volume in the U.S. ticked down 5 percent on a seasonally adjusted basis over the past two…
Best Two-Bedroom Quietly Trades Down a Million Bucks
Speaking of seller capitulation, the resale of the luxury two-bedroom unit #34C in the Lumina tower at 338 Main Street, which is “considered San Francisco’s best condominium project,” has finally…
Number of Homes on the Market in S.F. Poised to Jump
There were 12 percent fewer homes on the market in San Francisco at the end of 2023 than there were at the end of 2022, driven by a pronounced drop…