Number of Homes on the Market in San Francisco Inches Up
Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past couple of quarters, driven by a jump in the cost…
Pace of Home Sales in San Francisco Slips, Prices Too
The pace of home sales in San Francisco ticked up in May, as we outlined at the time, ending the month with just over 30 percent fewer single-family homes and…
Bay Area Employment Drops, Down Year-Over-Year
Having dropped in April, the number of San Francisco residents with a job ticked down again last month, from 559,700 to 557,900. As such, while there are still 1,100 more…
Benchmark Mortgage Rate Inches Down, Odds of an Easing Drop
The average rate for a benchmark 30-year mortgage inched down 2 basis points (0.02 percentage point) over the past week to 6.69 percent, which is 91 basis points higher than…
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The Other End of the Mid-Market Market
At the other end of the Mid-Market condo market, the three-bedroom, 2,569-square-foot unit #28D in the Four Seasons Residences at 765 Market Street sold for $5.475 million in April of…
Mortgage Credit Availability Drops to a Lower Decade Low
Having slipped 0.9 percent in April to a 10-year low, mortgage credit availability, as indexed by the Mortgage Bankers Association, dropped 3.1 percent last month to its lowest level since…
Once-in-a-Lifetime Opportunity Listed for 26 Percent Less
While just listed on the MLS without a disclosed address or associated sale history, the “spacious 1B1B condo in the heart of San Francisco, with breathtaking views that will leave…
Inventory Levels Tick Up in San Francisco, Price Per Foot Down
The net number of single-family homes and condos on the market in San Francisco ticked up another 2 percent over the past week but remains 11 percent lower than at…
Average Tenant Buyout Hit $50K in San Francisco Last Year
Landlords in San Francisco inked 389 legally recorded tenant buyout agreements last year, as mapped above, effectively equal to the 391 agreements inked in 2021 but with 618 “pre-buyout negotiation”…
Apples-to-Apples-to-Apples for a Modernized Mint Plaza Loft
Purchased as new for $780,000 in April of 2012, the 1,244-square-foot unit #401 in the converted Hales Warehouse building at 2 Mint Plaza resold for $1,250,000 in November of 2015,…