Purchase Mortgage Activity Ticks Up, Still Down YOY
Purchase mortgage application volume in the U.S., which is a leading indicator for sales, ticked up 6 percent over the past week in the absolute and 5 percent on a…
Average Asking Price in San Francisco Drops, Inventory Ticks Up
With the number of single-family homes and condos in contract to be sold across San Francisco having dropped to its lowest level in over 7 years on a seasonally adjusted…
How to Double the Value of an Awesome Home in S.F.
Purchased for $2.65 million in July of 2016, the stately home with panoramic views, a detached guest cottage and a park-like garden setting at 565 Ortega Street, “perched majestically atop…
Benchmark Mortgage Rate Inches Down to Only 6.88 Percent
The average rate for a benchmark 30 year mortgage inched down 6 basis points (0.06 percentage points) over the past week to 6.88 percent, which is only 15 basis points…
Apartment Rents in Oakland Drop, Nearing a Three-Year Low
Having dropped to a two-year low at the end of last year, the average asking rent for an apartment in Oakland has since ticked down another 3 percent to around…
Pace of Home Sales in S.F. Drops, Slowest in Over 7 Years
Despite some misreports of a “market rebound” making the rounds last month and inventory levels ticking up, the number of single-family homes and condos in contract to be sold in…
Asking Rents in San Francisco Drop, Nearly 25 Percent Below Peak
Having held at around $3,450 a month in January but slipped on a year-over-year basis, the weighted average asking rent for an apartment in San Francisco has since dropped to…
Two Years Later, And…
As we highlighted two years ago, the “stylish,” 1,361-square-foot unit #14 at 175 Russ Street, “in the heart of SOMA,” which was purchased for $1.165 million in April of 2019,…
The Potential Economic Impact of Proposition C on San Francisco
As we first outlined two years ago, from which we haven’t deviated, despite plenty of whining, whinging and uninformed opinion/lobbying pieces from others since: “the conversion of existing office space…
Purchase Mortgage Activity Continues to Drop
Once again, despite some misreports of a “market rebound” earlier this month, purchase mortgage application volume in the U.S., which is a leading indicator for sales, ticked down another (1)…