Expectation Gap on the Rise in San Francisco
The net number of single-family homes and condos on the market ticked up another (1) percent over the past week as new listing activity continues to outpace sales, with 2…
Average Asking Rent in S.F. Trending Up, Inventory Down
Having ticked up for the first time in eight months last month, the weighted average asking rent for an apartment in San Francisco has since ticked up nearly 4 percent…
Benchmark Mortgage Rate Inches Back Over 7 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had slipped back under 7 percent for the first time since mid-April the expected value of…
Purchase Mortgage Activity Continues to Drop
Despite the average rate for a benchmark 30-year mortgage having ticked down over the past month, purchase mortgage application volume in the U.S. has dropped for the third week in…
Index for Bay Area Home Values Ticks Up, YOY Gain Slips
Having notched a month-over-month gain in February, as we outlined at the time, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San…
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Builders Slow Their Rolls, Banking Entitlements in San Francisco
As we outlined at the end of last year, with values dropping, the cost of capital having jumped, sales down and developers getting squeezed or even foreclosed upon, the number…
Expected Value of Rate Cut(s) Just Dropped
Having inched up over the past month, helping to pull the average rate for a benchmark 30-year mortgage back under 7 percent for the first time since mid-April, the expected…
Pace of New Home Sales and Prices Drop, Inventory Up
The seasonally adjusted pace of new single-family home sales in the U.S. dropped nearly 5 percent last month and was down over 6 percent on a year-over-year basis and over…
Price Per Square Foot for Pending Sales in S.F. Ticks Down, Not Up
With the net number of single-family homes and condos on the market in San Francisco continuing to tick up, along with the percentage of listings that have been reduced at…
South Beach Apples-to-Apples and Return(s)
Priced at $1,249,000 million in 2015, which was in-line with the pricing and sales for other units in the building at the time, the 788-square-foot, one-bedroom unit #601 at 72…