Benchmark Mortgage Rate Drops, Odds of Easing Emerge
Having dropped to a 9-month low at the beginning of the year, the average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past…
Bay Area Home Sales Dropped to Another 11-Year Low
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 5,341 this past December, that’s down 13.2 percent from November (versus typically ticking up), down…
Pending Home Sales in the U.S. Continue to Drop
Having declined 0.7 percent in November, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped another 2.2 percent in December…
Indexes for Bay Area Home Values Drop, Condos Hit Particularly Hard
Having slipped another 0.7 percent in November, 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…
Decline in Pace of Home Sales in the U.S. Accelerates
The seasonally adjusted pace of existing-home sales across the U.S. dropped 6.4 percent at the end of 2018 to an annual rate of 4.99 million sales, which is 10.3 percent…
Developers Drop Condos from Permitted Tower Plans
As we first reported this past September: While the approval process for a 36-story tower designed by Renzo Piano Building Workshop, in collaboration with Mark Cavagnero Associates, to rise up…
Bay Area Home Sales Drop, Median Price Trending Down
Having rebounded to a 7-year seasonal low in September, the number of single-family homes and condos that traded hands across the greater Bay Area totaled 6,147 in November, down 14.1…
Indexes for Bay Area Home Values Slip and Fall
Having slipped 0.7 percent in October, 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…
Year-Over-Year Decline in Existing U.S. Home Sales Is Accelerating
While the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 5.32 million sales, the pace is now running…
Up and Down in the Inner Mission Take Two
Purchased for $950,000 in June of 2015, the modern two-bedroom unit #411 at 1875 Mission Street (aka “M@1875”) returned to the market listed for $1,050,000 this past August, a sale…