San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Having notched a month-over-month gain in February, as we outlined at the time, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San…
Having inched up over the past month, helping to pull the average rate for a benchmark 30-year mortgage back under 7 percent for the first time since mid-April, the expected…
The seasonally adjusted pace of new single-family home sales in the U.S. dropped nearly 5 percent last month and was down over 6 percent on a year-over-year basis and over…
Having increased by an upwardly revised 1,500 in March, the net number of San Francisco residents with a job dropped by 5,400 in April to 533,700. As such, there are…
Having tumbled over the past two quarters, as we first outlined earlier this year, the expected value of the Fed’s rate cuts in 2024 is now holding, with the average…
Driven by a slowdown in the pace of springtime sales versus a “surge,” the net number of single-family homes and condos on the market in San Francisco ticked up 3…
With the pace of home sales in San Francisco having slowed following a seasonally driven uptick and inventory levels ticking up from a 13-year seasonal high, the average asking price…
Measured prior to yesterday’s affirmation from the Fed, the average rate for a benchmark 30-year mortgage had already ticked up another 5 basis points (0.05 percentage points) to 7.22 percent,…
As we first outlined back in February, when the average 30-year mortgage rate was only 6.64 percent, our analysis of the futures market was projecting far fewer rate cuts than…
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East Bay, North Bay and Peninsula) ticked up nearly…