San Francisco’s Unemployment Rate Under 4%, Lowest In 9 Years
Employment in San Francisco hit a new all-time high in December and the unemployment rate dropped to 3.8 percent, the first time the unemployment rate in the city has been…
Mortgage Rates Continue To Drop, Jumbos At A Small Premium
The average rate for a conforming 30-year mortgage has fallen for the third week in a row to 3.66 percent, the lowest rate since May 2013 when the rate averaged…
Mortgage Rates Drop As Bond Market Sounds An Economic Warning
The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points…
Ten-To-One: San Francisco’s Housing Market In A Nutshell
Around 7,500 units of housing have been built in San Francisco since January 1, 2010. Over the same five years, the number of employed residents has increased by 74,000. And…
San Francisco’s Record Employment Run Takes A Breather
Following twelve straight months of growth and having hit an all-time high in October, employment in San Francisco was relatively unchanged in November as the labor force dipped by 100…
Mortgage Rates Drop To Lowest Levels In 2014
The average rate for a conforming 30-year mortgage dropped from 3.93 to 3.80 over the past week, the lowest level since May 2013 and 67 basis points below the 4.47…
Report: San Francisco Needs A New Plan To Combat Homelessness
Although the City of San Francisco has created over 3,000 units of supportive housing since the adoption of its Ten Year Plan “to abolish chronic homelessness” in 2004, and the…
A Plan To Tax ‘Hoarders Of Homes’ In San Francisco?
Arguing that “when wealthy people who don’t actually live here buy up San Francisco residential properties, housing prices skyrocket beyond the reach of residents,” San Francisco Supervisor Eric Mar has…
San Francisco’s Tech Sector Nearly Doubles In Four Years, But…
According to the Planning Department’s latest Commerce and Industry Inventory report for San Francisco, employment within the city’s tech sector has grown by almost 91% since 2009 – up from…
Top 5 Reasons For Renting, And Factors For Buying A Home
Renting houses is becoming much more popular. This may be because the process is reasonably easier than purchasing a house, and having to access a loan and then pay off…