Mortgage Rates Slip but Hover near 8-Year Highs
Having jumped to 4.9 percent in early October, which was the highest average rate since early 2011, the average rate for a benchmark 30-year mortgage has slipped 7 basis points…
Index for Bay Area Home Values Slips
Having inched up 0.6 percent to a record high in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the…
Inventory Peaks in San Francisco, Price Cuts on the Rise
With the number of homes actively listed for sale in the San Francisco hovering around 960, the 7-year high it hit last week, inventory levels appear to have peaked for…
Asking Rents in San Francisco and Oakland Slip
Having ticked up a little over 1 percent from the second to third quarter of this year, the weighted average asking rent for an apartment in San Francisco – including…
New Home Sales in the U.S. Drop with Inventory at a 9-Year High
Having actually dropped a downwardly revised 3.0 percent in August, the seasonally adjusted pace of new single-family home sales in the U.S. dropped another 5.5 percent in September to an…
Inventory of Homes for Sale in San Francisco Continues to Tick Up
It would appear we called the “top” too soon, at least with respect to the number of homes listed for sale in the San Francisco. And having hit a 7-year…
Bay Area Employment Ticks Up, Unemployment Near Record Low
Having dropped in August, the number of people living in San Francisco with a job increased by 7,900 over the past month to a record 577,500 in September while the…
Benchmark Mortgage Rate Jumps, Nearing an Eight-Year High
The average rate for a benchmark 30-year mortgage jumped 18 basis points over the past two weeks to 4.90 percent, which is now 99 basis points above its mark at…
Inventory of Homes for Sale in SF Increases, Price Cuts Rise as Well
Having hit a 7-year high in September, the number of homes actively listed for sale in the San Francisco ticked up another 6.6 percent over the past month to 950…
Inventory of Homes for Sale in San Francisco Ticks Up
Having hit a 7-year high last month, the number of homes listed for sale in San Francisco has ticked up another 6.6 percent over the past two weeks to 950,…