CFAH

Articles Filed Under: Bubble (Or Not)

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Index for Bay Area Home Values Ticks Up, Drops Year-Over-Year

Index for Bay Area Home Values Ticks Up, Drops Year-Over-Year

Having ticked up a percent in February, 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 up another three percent in March but with the majority of the uptick (75 percent)... Read More »

Telegraph Hill Masterpiece Now Listed for Nearly 40 Percent Less

Telegraph Hill Masterpiece Now Listed for Nearly 40 Percent Less

Designed by Lewis Butler of Butler Armsden Architects and built near the peak of “the highest hill in the coveted neighborhood of Telegraph Hill,” the new four-level, three-bedroom home at 119 Telegraph Hill Boulevard hit the market priced at $15.995 million early last year, accompanied by a number of... Read More »

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

Index for Bay Area Home Values Ticks Up, Down 10 Percent YOY

Having dropped for eight months in a row, 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 up one (1) percent in February with a pinch of seasonally in play (the... Read More »

50 Percent More Single-Family Homes on the Market in S.F.

We’ll run the full breakdown on Monday, but having atypically ticked down last week, the net number of single-family homes on the market in San Francisco has since ticked back up. In fact, there are now 50 percent more single-family homes listed for sale in San Francisco than there... Read More »

Refined Pac Heights Home Reduced, Nearly to Its 2017-Era Price

Refined Pac Heights Home Reduced, Nearly to Its 2017-Era Price

Purchased for $9.7 million in July of 2017, the nearly 6,900-square-foot, six-bedroom Pacific Heights at 3149 Washington Street, which had been completely restored and remodeled to yield “unparalleled luxury and refinement,” with multiple living, dining and outdoor spaces; a guest suite, sauna and home theater; and a two-car garage,... Read More »

Home Buying Activity Suddenly Drops Despite a Drop in Rates

Following four weeks of increasing activity, which is typical for this time of the year, the volume of applications to secure a purchase mortgage loan for a home in the U.S. suddenly dropped over the past week, ticking down 3 percent in the absolute and 4 percent on a... Read More »

Index for Bay Area Homes Has Dropped 17%, Trending Down

Index for Bay Area Homes Has Dropped 17%, 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 1.3 percent in January and is now 7.6 percent lower than at the start of last year, representing the largest... Read More »

Benchmark Mortgage Rate Ticks Back Over 6.7 Percent

Benchmark Mortgage Rate Ticks Back Over 6.7 Percent

Following a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 8 basis points (0.08 percentage points) over the past week to 6.73 percent, which is 288 basis points and 75 percent higher than at the same time... Read More »

Inventory Ticks Up in San Francisco, Asking Prices Down

Once again, despite a pronounced slowdown in the relative number of condos and single-family homes that have been newly listed for sale over the past three weeks, a slowdown that has been driven by sellers either being unable or unwilling to accept an ongoing drop in values, the net... Read More »

Index for Bay Area Homes Has Dropped 16%, Trending Down

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 percent this past December and is now 4.2 percent lower than at the end of 2021, representing the largest... Read More »