Employment in San Francisco Dropped in Q1
With the number of people living in San Francisco with a job pegged at 543,900 last month, a nominal 200 higher than the month before, employment in the city has…
New S.F. Condo Sales Slipped in March but Jumped Year-Over-Year
While the number of purchase contracts signed for new condominiums in San Francisco slipped 4 percent from February to March, the sales volume in March (91) was more than twice…
Benchmark Mortgage Rate Drops Below 4 Percent
The average rate for a benchmark 30-year mortgage has dropped below 4 percent for the first time since November, shedding 11 basis points over the past week and 33 basis…
Externalizing Parking to Double Density as Proposed
Purchased as a six-unit apartment building with eight bedrooms and a six-car garage for $1.452 million in the first quarter of 2013, plans to add eight new apartments, with nine…
Benchmark Mortgage Rate Drops to Its Lowest Mark This Year
Having hit 4.30 percent four weeks ago with the probability of the Fed’s second rate hike already priced-in, the average rate for a benchmark 30-year mortgage has since dropped to…
Rents Tick Up in San Francisco, Drop in Oakland
Recent reports of a sharp drop in apartment rents in both San Francisco and Oakland shouldn’t catch any plugged-in readers by surprise, as it’s a trend we first noticed forming…
Inventory of Homes for Sale in S.F. Nearing a Six-Year High
Having ticked up another 6 percent over the past four weeks, the number of single-family homes and condos currently listed for sale in San Francisco now totals 615, the highest…
Benchmark Mortgage Rate Drops to 4.14%
Having ticked up to 4.30 percent two weeks ago with the probability of the Fed’s second rate hike already priced-in, the average rate for a benchmark 30-year mortgage has since…
Bay Area Home Values Slip While National Index Gains
Having inched up at the end of last year, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay,…
San Francisco Home Sales Drop to a Five-Year Low
The number of single-family homes and condos that traded hands in San Francisco dropped to a five-year low of 308 in February. That’s down 4 percent from a downwardly revised…