Number of Homes on the Market in SF Continues to Climb
Having hit a relative 7-year high last week, the number of homes listed for sale in San Francisco has since ticked up another 8 percent to 680, which is 11…
Pace of Existing-Home Sales in the U.S. Slips, But…
Having rebounded 3.6 percent in December, the seasonally adjusted pace of existing-home sales across the U.S. slipped 1.3 percent in January to an annual rate of 5.46 million sales, according…
Benchmark Mortgage Rate Inches Up, Odds of an Easing as Well
Having dropped to a 3-year low two weeks ago, the average rate for a 30-year mortgage has since inched up 4 basis points to 3.49 percent but remains 86 basis…
Number of Homes on the Market in SF Hits a Relative 7-Year High
Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco (630) has jumped 25 percent since the Super Bowl.…
Pace of Home Sales in San Francisco Slows Down
While the pace of home sales in San Francisco started ticking up at the end of last year on a year-over-year basis, having dropped in 2019 overall, keep in mind…
Inventory Levels Jump in San Francisco
As expected, the number of homes on the market in San Francisco (610) has jumped 20 percent since the Super Bowl and inventory levels are now back to within 3…
Benchmark Mortgage Rate Hits a 3-Year Low
Having dropped another 6 basis points over the past week, the average rate for a 30-year mortgage is now down to 3.45 percent, which is 96 basis points (0.96 percentage…
There Were 365 Tenant Buyouts in SF Last Year, One Hit $325K
Landlords in San Francisco negotiated and inked a total of 365 legally reported buyout agreements with tenants last year, as mapped above, down slightly from 379 in 2018. For the…
Asking Rents Inch Up in San Francisco, Slip in Oakland
Having dropped a little over 5 percent at the end of last year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as…
Mortgage Rates Continue to Drop, Odds of Another Easing Jump
The average rate for a 30-year mortgage dropped another 9 basis points over the past week to 3.51 percent, which is 95 basis points (0.95 percentage points) below its mark…