Pending Home Sales in S.F. Have Dropped Over 50 Percent
The pace of single-family home and condo sales in San Francisco ticked down a few points over the past week, with 14 percent fewer homes in contract to be sold…
Number of Homes on the Market in S.F. Ticks Down, But…
Despite a 20 percent drop in new listing activity over the past week, the net number of homes on the market in San Francisco only ticked down 6 percent as…
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East Bay
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Bay Area Employment Slips, Drops Year-Over-Year, Again
Having inched up by an upwardly revised 700 in September, the number of San Francisco residents with a job slipped by 700 in October and is back down to 557,000,…
Discounting Helps Drive New Home Purchase Activity Up
Having dropped 12 percent from August to September, application volume for new home loan purchases in the U.S. ticked up 6 percent from September to October and was nearly 40…
Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)
Having dropped to its lowest level in 28 years earlier this month, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped…
Apples To Apples
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Neighborhoods
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RealRecentReductions
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Russian Hill Masterpiece Just Resold for 50 Percent Less
As we outlined earlier this year, the rather spectacular new Russian Hill home at 2626 Larkin Street, “the crowning achievement of every artist, designer & craftsman whose passion & dedication…
Benchmark Mortgage Rate Back Below Average at 7.5 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had only inched down 3 basis points to 7.76 percent, according to Freddie Mac and headlines…
Apples To Apples
Bay Buildings
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Two-Bedroom Mid-Market Condo Now Listed for 38 Percent Less
Featuring two bedrooms, two baths and two parking spots in the boutique Mid-Market building’s garage, the 870-square-foot unit #513 at 1075 Market Street (a.k.a. Stage 1075) sold for $1.25 million…
Asking Rents in Oakland Just Dropped to a Two-Year Low
Having suddenly dropped 4 percent in September to its lowest level in a year, the average asking rent for an apartment in Oakland has since dropped another 3 percent to…
As Proposed
Industry Stuff
Neighborhoods
New Developments
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RealRecentReductions
Trends
Fully-Approved Development Listed at Loss Reduced, Again
As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…