Benchmark Mortgage Rate Ticks Up, Odds of an Easing Slips
The average rate for a 30-year mortgage ticked up 5 basis points over the past week to 4.17 percent, which is up 11 basis points since the end of March…
Pending Home Sales Trend in San Francisco Turns Up
While the number of homes sold in San Francisco will end the first quarter down versus the first quarter of 2018 and around a ten-year low, pending sales activity recently…
Number of Homes for Sale in San Francisco Slips
While the total number of homes currently listed for sale in San Francisco (610) is now running 1 percent higher than at the same time last year (605), and roughly…
Record Office Rents in San Francisco Climb with a Jump in Demand
Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of shiny new space over the past year, all of…
Mortgage Rates Inch Up, Inversion Increases, Odds of Easing Even
Having dropped 35 basis points in March, including the biggest one week drop in over a decade, the average rate for a 30-year mortgage has ticked up 6 basis points…
Number of Homes Listed for Sale in San Francisco Holds
The net number of homes listed for sale in San Francisco has been holding around 620 over the past week, which represents 8 percent more inventory on the market than…
Asking Rents in San Francisco and Oakland Slip in First Quarter
Having reversed course last year, the weighted average asking rent for an apartment in San Francisco and Oakland slipped a little over one (1) percent in the first quarter of…
Pace of New Home Sales in the U.S. Ticks Up, Median Price Slips
The pace of new single-family home sales in the U.S. ticked up 4.9 percent in February to a seasonally adjusted rate of 667,000 sales which is 0.6 percent above the…
More Expensive Homes for Sale in San Francisco
While the total number of homes listed for sale in San Francisco slipped by a little under 4 percent to 625 over the past two weeks with typical Spring Break…
Bay Area Home Sales Rebound to an 11-Year Low
Having dropped to an absolute 11-year low in January, the number of single-family homes and condos that traded hands across the greater Bay Area increased 12.9 percent in February to…