Rents in San Francisco and Oakland Slip Versus 2017
Having ended last year lower than where they started, asking rents for apartments in San Francisco inched up 1.1 percent over the past month but remain 1.3 percent lower versus…
Mortgage Rates Jump
The average rate for a benchmark 30-year mortgage jumped 11 basis points over the past week to 4.15 percent which is still 4 basis points below the 4.19 percent rate…
San Francisco and East Bay Employment Slip, Santa Clara Gains
While seasonal hiring typically ticks employment up at the end of the year, the number of people living in San Francisco with a job slipped by 500 in December to…
Benchmark Mortgage Rate Back above 4%
The average rate for a benchmark 30-year mortgage inched up 5 basis points over the past week to 4.04 percent, which is 5 basis points below the 4.09 percent rate…
Benchmark Mortgage Rate Hovering Around 4%
Having moved in a narrow four basis point range since the end of 2017, the average rate for a benchmark 30-year mortgage is back to 3.99 percent, which is the…
Benchmark Mortgage Rate Inching Up, Ending 2017 Around 4%
As expected, the average rate for the benchmark 30-year mortgage inched up 5 basis points over the past week to 3.99 percent, which is the highest rate in five months…
San Francisco Population Hits 880,000; Bay Area Over 7.7 Million
The estimated population of San Francisco proper has crossed the 880K mark, hitting 880,418 on the first of July, according to data from California’s Department of Finance. That’s an increase…
Little Movement in the Benchmark Mortgage Rate
With the downstream impact of the Federal Reserve’s rate hike last week already priced in, the average rate for the benchmark 30-year mortgage was 3.94 percent as of yesterday and…
The Fed Institutes a Rate Hike, Signals Three More in 2018
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for three more…
Apples-To-Apples for a Central SoMa Penthouse Condo, Take Two
As we wrote a year ago last month: “Speaking of list price reductions in San Francisco, the asking price for the “rarely available” corner one-bedroom unit #802 on a penthouse…