Recession-Era Inventory Levels Hit San Francisco
Having hit a 10-year seasonal high last week, the number of homes on the market in San Francisco, net of new sales and contract activity, has ticked up another 3…
Asking Rents in San Francisco Continue to Drop, Listings Spike
In a move that shouldn’t catch any plugged-in readers by surprise, the weighted average asking rent for an apartment in San Francisco has dropped another 4 percent over the past…
Moratorium on Pandemic Related Evictions Extended
As we outlined last month: The temporary moratorium on the eviction of tenants in San Francisco for the non-payment of rent from April through July, if formally documented as being…
Number of Homes for Sale in S.F. Just Hit a 10-Year High
The number of homes on the market in San Francisco, net of new sales and contract activity, ticked up another 4 percent over the past week to 1,420, representing 120…
Pace of New Home Sales in the U.S. Rebounded in June
The seasonally adjusted pace of new single-family home sales in the U.S. rebounded from the pandemic-driven hits the market took in March and April (at which point the annualized pace…
Number of Homes for Sale Nearing Recession-Era Levels in S.F.
Continuing a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, ticked up…
114,000 Bay Area Residents Returned to Work Last Month, But…
While an estimated 16,000 San Francisco residents were either newly hired or returned to work last month, for a total of 499,100 employed, there are still 74,800 fewer employed people…
Benchmark Mortgage Rate Drops Below 3 Percent
Having inched down another 5 basis points (0.05 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures an unprecedented 2.98 percent, which is…
Number of Homes on the Market in San Francisco Spikes
Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, has jumped…
Benchmark Mortgage Rate Nearing an Unprecedented Mark
The average rate for a benchmark 30-year mortgage dropped another 6 basis points (0.06 percentage points) over the past week to 3.07 percent. That’s a new all-time low for the…