Home Buying Activity Continues to Drop
Having dropped to a 28-year low last week, the volume of applications to secure a purchase mortgage loan for a home in the U.S. has since ticked down another 3…
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Index for Bay Area Homes Has Dropped 16%, Trending Down
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked down another 1.8…
Number of Homes for Sale in San Francisco Keeps Ticking Up
Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past two weeks, driven by sellers either being unable or unwilling…
Pending Home Sales in San Francisco Down Over 40 Percent
At a time of the year when home sales typically start ramping up, the net number of homes in contract to be sold across San Francisco was unchanged over the…
Benchmark Mortgage Rate Hits 6.5 Percent, Poised to Rise
The average rate for a benchmark 30-year mortgage ticked up another 18 basis points (0.18 percentage points) over the past week to 6.50 percent, which is 261 basis points, or…
Inventory Ticks Up in S.F., Pending Sales and Prices Down
The net number of condos and single-family homes listed for sale in San Francisco, which is set to climb, ticked up another 7 percent over the past week despite a…
Benchmark Mortgage Rate Keeps Ticking Up
The average rate for a benchmark 30-year mortgage ticked up another 20 basis points (0.20 percentage points) over the past week to 6.32 percent, which is 240 basis points higher…
Benchmark Mortgage Rate Poised to Slip Under 6 Percent, But…
The average rate for a benchmark 30-year mortgage inched down another 4 basis points (0.04 percentage points) over the past week to 6.09 percent and is currently poised to slip…
Purchase Mortgage Activity Drops Despite Decline in Rates
Despite a drop in the average 30-year mortgage rate to a 4-month low, the seasonally adjusted volume of applications to secure a purchase mortgage loan for a home in the…
Index for Bay Area Homes Has Dropped Over 14%, Down YOY
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked down another 1.6…