San Francisco Rents Drop, East Bay Rents Stall
Having slipped by $25 a month in the second quarter of 2016, the average asking rent for an apartment in a building with over 50 units in San Francisco dropped…
Bay Area Employment Hits a New High
The number of people living in San Francisco with a job increased by 3,500 last month to a record 547,100. As such, there are now 81,600 more people living in…
Benchmark Mortgage Rate Hits Four-Month High, Odds of a Hike Up
Having ticked down to within 11 basis points of an all-time low two weeks ago, the average rate for a 30-year mortgage has since moved up 10 basis points to…
Benchmark Mortgage Rate Moves up along with Probability of a Hike
Having ticked down to within 11 basis points of an all-time low last week, the average rate for a 30-year mortgage moved up 5 basis points to 3.47 percent over…
New Condo Sales and Prices Continue to Slip in San Francisco
While the number of new condominium units on the market in San Francisco has ticked up to roughly 1,200, which is over 80 percent higher versus the same time last…
Office Rents in San Francisco Slip for the First Time since 2010
As we first reported at the beginning of the year, demand for office space in San Francisco was dropping. A few months later, we noted that the office vacancy rate…
Benchmark Mortgage Rate Drops, Nearing Its All-Time Low
The average rate for a 30-year mortgage ticked down six basis points to 3.42 percent over the past week and is now running 43 basis points below the 3.85 percent…
San Francisco Approaching Bubble Territory per UBS
According to UBS Wealth Management’s Global Real Estate Bubble Index, the residential real estate market in San Francisco is increasingly overvalued and approaching bubble territory, while New York and Boston…
Record High Employment in San Francisco and the Valley
Having jumped like Kris Kross in July, the number of people living in San Francisco with a job increased by another 1,400 last month to a record 543,400. And as…
Property Tax Rate in SF Slated to Drop, Where the Dollars will Go
Aided by rising property values and assessments, the property tax rate for the City and County of San Francisco is slated to drop from $1.1826 per $100 of assessed value…