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…
‘Ultra-Premium’ Condo in the Mission Resells at a $300K Loss
Purchased for $1.625 million in mid-2015, the two-bedroom Mission District condo #205 in the “V20” building at 3590 20th Street, at the corner of Valencia, was on the market for…
Pending Home Sales in the U.S. Drop, Well Below Average Out West
Having inched up 0.5 percent in September, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, declined 2.6 percent in October…
New Home Sales in the U.S. Take a Hit, Inventory Nears 10-Year High
The seasonally adjusted pace of new single-family home sales in the U.S. dropped 8.9 percent in October to an annual pace of 544,000 sales which is 12.0 percent lower on…
44 Percent More Homes on the Market in SF, Sales Still Down
Having peaked at a 7-year high in the absolute last month, the inventory of homes actively listed for sale in San Francisco (870) has dropped 10 percent with typical seasonality…
Number of Homes for Sale in SF Remains at a 7-Year Seasonal High
Having hit a 7-year high in the absolute last month, the number of listed homes on the market in the San Francisco has ticked down 3 percent over the past…
Pending Home Sales in San Francisco Haven’t Rebounded
While Bay Area home sales plunged nearly 20 percent on a year-over-year basis in September, to an 11-year seasonal low, home sales in San Francisco were only down 6.5 percent…
Bay Area Home Sales Plunge to an 11-Year Seasonal Low
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 5,970 in September, down 18.9 percent on a year-over-year basis and the slowest September…
Pending Home Sales in San Francisco Remain Down
While the inventory of homes for sale in San Francisco is now running 40 percent higher on a year-over-year basis and price cuts are on the rise, the number of…