Benchmark Mortgage Rate Drops, But…
Buoyed by a slowdown in the pace of inflation, the average rate for a benchmark 30-year mortgage dropped 47 basis points over the past week to 6.61 percent but is…
New Home Demand Drops, Average Loan Size Down as Well
While the number of new homes on the market across the nation has surpassed a 14-year high, with over 23 percent more inventory than at the same time last year,…
Pending Home Sales in San Francisco Down Nearly 50 Percent
Having slipped another percent over the past week, the number of homes in contract to be sold across San Francisco is now 46 percent lower than at the same time…
Benchmark Mortgage Rate Ticks Back Over 7 Percent
While the average rate for a benchmark 30-year mortgage had slipped back under 7 percent last week, said average had been compiled prior to last week’s rate hike by the…
S.F.’s Housing Pipeline Slips but Still Building Above Average
Having hit a record high in the first quarter of this year, the total number of units in San Francisco’s housing pipeline, including affordable units that are slated to be…
Price per Square Foot Keeps Dropping in San Francisco
While the net number of homes on the market in San Francisco (i.e., inventory or supply) ticked down 5 percent over the past week with typical seasonality in play, there…
It’s Alive! Proposed Mid-Market Parking Lot Tower Take Two
While the draft Environmental Impact Report (EIR) for the proposed 27-story, 495-unit infill tower to rise on Nordstrom’s underdeveloped parking lot parcel at 469 Stevenson Street was certified by San…
Benchmark Mortgage Rate Slipped Under 7 Percent, But…
The average rate for a benchmark 30-year mortgage ticked down 13 basis points over the past week to 6.95 percent, slipping back under 7 percent but still 125 percent higher…
Asking Rents in San Francisco and Oakland Slip, Inventory Up
The weighted average asking rent for an apartment in San Francisco ticked down another (1) percent in October to $3,690 per month and has now ticked down for two months…
Price Cuts Continue to Tick Up in San Francisco
Having peaked a few weeks ago at an effective 12-year high, the net number of homes on the market in San Francisco (i.e., inventory/supply) has since ticked down 1 percent…