Number of Homes on the Market in SF Plummets 40 Percent
Having dropped 20 percent in the first few days following San Francisco’s stay at home order having been issued, the number of homes on the market in San Francisco has…
Statewide, More Restrictive, Stay-at-Home Order Issued for CA
“The California State Public Health Officer and Director of the California Department of Public Health is ordering all individuals living in the State of California to stay home or at…
Mortgage Rates Spike
Having inched up from an all-time low of 3.29 percent to 3.36 percent last week, the average rate for a benchmark 30-year mortgage has since jumped another 29 basis points…
Inventory Levels in SF Drop 20 Percent in 3 Days
Having hit a 9-year high at the beginning of the week, prior to the COVID-19 related stay at home order having been issued in San Francisco and the Dow having…
Stay-at-Home Order for Bay Area Counties
The City and County of San Francisco, along with Alameda, Contra Costa, Marin, San Mateo and Santa Clara Counties, as well as the City of Berkeley, have just issued “stay-at-home”…
Pace of Home Sales in San Francisco Falls
While the pace of home sales in San Francisco was already starting to slow last month, the slowdown in contract activity has become more pronounced over the past two weeks.…
Number of Homes on the Market in SF Hits a 9-Year High
Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco has jumped 50 percent since the Super…
The Fed Just Dropped Rates to Near-Zero, And…
Having already rolled out an emergency rate cut of 50 basis points two weeks ago, the Federal Reserve has just announced an even larger cut of a full percentage point…
Charges Against Former Building Commission President Grow
As we first reported back in 2018: San Francisco’s City Attorney, Dennis Herrera, has just filed suit against construction engineering firm Santos & Urrutia Associates, its principals and several clients…
Benchmark Mortgage Rate Inches Up, Short-Term Rates Drop
Having dropped to an all-time low of 3.29 percent last week, the average rate for a benchmark 30-year mortgage has since inched up 7 basis points to 3.36 percent but…