Benchmark Mortgage Rate Ticks down along with Odds of a Hike
Having slipped back below 4 percent three weeks ago, the average rate for a benchmark 30-year mortgage inched down another 3 basis points over the past week to 3.90 percent,…
The Economics Dooming the Opera Plaza Cinemas and Its Ilk
As we first reported last week, plans to shutter the Opera Plaza Cinema are in the works. And as proposed, the 6,381-square-foot space will be converted into “Retail Sales and…
Benchmark Mortgage Rate Back Below 4 Percent
Having ticked up to 4.03 percent two weeks ago, the average rate for a benchmark 30-year mortgage is now back down to 3.92 percent but remains 44 basis points above…
Top Tier Slips but Indexes for Bay Area Home Values Hit New Highs
Having gained 1.5 percent in April, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and…
SF Employment Dropped in First Half of 2017, First Time since 2009
With no growth in the number of people living in San Francisco with a job last month (542,100), despite an increase in the labor force by 2,800 to 559,800, the…
Benchmark Mortgage Rate Back over 4 Percent
The average rate for a benchmark 30-year mortgage ticked up another 7 basis points over the past week to 4.03 percent and is currently running 61 basis points above the…
Inventory of Homes for Sale in S.F. Appears to Have Plateaued
With supply (new listings) roughly even with demand (sales) over the past three months, the number of single-family homes and condos currently listed for sale in San Francisco now totals…
Benchmark Mortgage Rate Ticks Up to 3.96%
Having held relatively steady since the Fed’s rate hike a few weeks ago, the average rate for a benchmark 30-year mortgage ticked up 8 basis points over the past week…
Indexes for Bay Area Home and Condo Values Hit New Highs
Having ticked up an upwardly revised 1.1 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Bay Area Home Sales (Mostly) Rebounded in May
Having dropped a downwardly revised 13.0 percent in April, the number of single-family homes and condos that traded hands in San Francisco rebounded 17.2 percent to 560 in May, which…