Home Sales in San Francisco Rebounding but Still Down
Having hit its pandemic driven nadir at the end of last month, when there were nearly 50 percent fewer pending home sales in San Francisco than at the same time…
Index for Bay Area Home Values Hits a New High, But…
Having ticked up an upwardly revised 1.2 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…
Nearly 50 Percent More Homes on the Market in San Francisco
Having jumped to a 9-year seasonal high last week, the number of homes on the market in San Francisco has since ticked up another 5 percent to 870, representing 45…
Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks
Based on employment data through the second week of April, at which point the ongoing impact of the COVID-19 pandemic was still picking up steam, the estimated number of San…
Bay Area Unemployment Claims Continue to Climb
Having already rocketed to over 44,300 in March, versus having averaged around 3,500 a month over the previous six years, the number of San Francisco residents that filed a new/initial…
Pace of Existing-Home Sales in the U.S. Drops Nearly 18 Percent
Having dropped 8.5 percent in March as the impact of COVID-19 started to take hold, the seasonally adjusted pace of existing-home sales across the U.S. plummeted another 17.8 percent in…
Number of Homes on the Market in San Francisco Jumps
Driven by a dramatic slowdown in sales while listing activity has since rebounded, the number of homes on the market in San Francisco has jumped 35 percent over the past…
Price Cuts Tick Up Along with Inventory Levels in San Francisco
With listing activity back on the rise in San Francisco and the number of homes on the market nearing a 9-year high, the percentage of active listings with at least…
Mortgage Rates Holding Near All-Time Lows
While the average rate for a benchmark 30-year mortgage has inched up 5 basis points (0.05 percentage points) over the past two weeks to 3.28 percent, it’s effectively holding around…
Drop in Home Sales Driving Inventory Levels Up
In a move which shouldn’t catch any plugged-in readers by surprise, there are now more homes on the market in San Francisco than there were at the same time last…