Number of Homes for Sale in San Francisco Is on the Rise
Driven in part by a pronounced slowdown in sales activity since the end of last year, the number of single-family homes and condos actively listed for sale in San Francisco…
SF Population Ticks Up to 884,000; Bay Area Nearing 7.8 Million Mark
The estimated population of San Francisco proper has inched up from 880,400 in July of 2017 to 884,000 as of January 1, 2018, according to the latest data from California’s…
Benchmark Mortgage Rate Jumps, Nearing 7-Year High
The average rate for a benchmark 30-year mortgage jumped 11 basis points over the past week to 4.58 percent, which is 55 basis points higher than the 4.03 percent rate…
Asking Rents Tick up in San Francisco, Slip in Oakland
Having ended last year lower than where they started, asking rents for apartments in San Francisco have ticked up around 3 percent since the beginning of the year, roughly half…
The Economics of a Rincon Hill Condo and Reality Check Redux
As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was…
Bay Area Employment Slips from Record Highs
At a time of the year when Bay Area employment figures typically tick up, the number of people living in the city of San Francisco with a job dropped by…
Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this…
Mortgage Rates Slip, Odds of a Rate Hike Hold
The average rate for a benchmark 30-year mortgage slipped 4 basis points over the past week to 4.40 percent but remains 30 basis points higher than the average rate in…
Mortgage Rates Hold, Fed’s Next Rate Hike Expected in June
With the impact of the Fed’s predicted rate hike last week having already been priced in, the average rate for a benchmark 30-year mortgage has been holding around 4.44 percent,…
Employment Ticks up to (Mostly) Record Highs as Growth Slows
Having dropped by a downwardly revised 3,700 at the beginning of the year, the number of people living in the city of San Francisco with a job increased by 2,900…