Big Landlord Ups the Concession Ante for Signing a New Lease
As we highlighted last month, offers of complimentary rent have been on the rise in San Francisco. And with the weakness in San Francisco’s rental market accelerating, and Oakland now…
Number of Homes on the Market in San Francisco Spikes
Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, has jumped…
Reduced Listings in San Francisco Hit a 9-Year High
The percentage of homes on the market in San Francisco which have undergone at least one official price cut has ticked up another two (2) percentage points over the past…
Mortgage Rates Inch Down to Even Lower Lows
Having inched down another 4 basis points (0.04 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures 3.03 percent, which is 72 basis…
Weakness in San Francisco’s Rental Market Is Accelerating
Despite the fact that the weighted average asking rent for an apartment in San Francisco is already down over 10 percent on a year-over-year basis and offers of complimentary rent…
Twice as Many Homes on the Market in San Francisco
Having hit a 9-year high in the absolute last week, the number of homes on the market in San Francisco ticked down 3 percent over the past week to 1,170…
Benchmark Mortgage Rate Nearing an Unprecedented Mark
The average rate for a benchmark 30-year mortgage dropped another 6 basis points (0.06 percentage points) over the past week to 3.07 percent. That’s a new all-time low for the…
Index for Bay Area Home Values Inches up to a New High, But…
Having ticked up an upwardly revised 2.1 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Most Sub-Million Dollar Homes on the Market in S.F. Since 2016
The number of homes on the market in San Francisco, net of new sales, continues to climb and just crossed the 1,200 mark for the first time in 9-years. In…
Pending Home Sales Inch Up in San Francisco, But…
For the first time since San Francisco’s stay-at-home order was issued in March, the number of homes in contract to be sold is effectively even on a year-over-year basis. That…