Bay Area Home Sales Drop, Mix Drives Median Price Jump in SF
While home sales typically tick up in October, the number of Bay Area single-family homes and condos that traded hands (7,500) dropped 5.4 percent from September to October and was…
Mortgage Rates near Two-Year High, Probability of a Hike: 99%
Having rocketed over half a point (51 basis points) over the past three weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the average rate for a…
Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain
For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a…
Apples To Apples
Bay Buildings
Bubble (Or Not)
Fixtures & Furnishings
Listings (for sale)
Real Estate Economics
RealRecentReductions
Trends
Apples-To-Apples in Central SoMa, including Interest Rates
Speaking of list price reductions in San Francisco, the asking price for the “rarely available” corner one-bedroom unit #802 on a penthouse level of the Palms at 555 4th Street,…
Highest Percentage of Homes with Reduced Prices in SF Since 2011
While the inventory of single-family homes and condos listed for sale in San Francisco peaked last month, which shouldn’t have caught any plugged-in readers by surprise, there are still 38…
Unemployment Ticks up in SF, but Employment Ticks up Even More
While the unemployment rate in San Francisco ticked up from 3.3 percent in September to 3.4 percent last month, it was driven by an increase in the size of the…
Mortgage Rates Rocket along with Probability of a Hike
In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a 30-year mortgage rocketed up 37 basis points over the past week to 3.94 percent,…
Approved Oakland Tower Waylaid by Lack of Demand
The plans for a 20-story office building to rise over the 12th Street/City Center Bart Station at 1100 Broadway in Downtown Oakland, a development which includes the renovation and incorporation…
Mortgage Rates on the Move up, Poised for Post-Election Jump
The average rate for a 30-year mortgage ticked up 3 basis points over the past week to 3.57 percent, which is the highest rate since the beginning of June but…
Benchmark Mortgage Rate Bouncing around Four Month High
The average rate for a 30-year mortgage ticked up 7 basis points over the past week to 3.54 percent, which is the highest rate since the end of June but…