Purchase Mortgage Activity Down Nearly 50 Percent
While the seasonally adjusted volume of applications to secure a mortgage to purchase a home in the U.S. ticked up 4 percent over the past week, with the benchmark mortgage…
Single-Family Inventory Up in S.F., Reductions as Well
While the net number of homes on the market in San Francisco ticked down 3 percent over the past week with typical seasonality in play, inventory levels are over 30…
Pending Home Sales in San Francisco Down Nearly 50 Percent
Having slipped another percent over the past week, the number of homes in contract to be sold across San Francisco is now 46 percent lower than at the same time…
Benchmark Mortgage Rate Ticks Back Over 7 Percent
While the average rate for a benchmark 30-year mortgage had slipped back under 7 percent last week, said average had been compiled prior to last week’s rate hike by the…
S.F.’s Housing Pipeline Slips but Still Building Above Average
Having hit a record high in the first quarter of this year, the total number of units in San Francisco’s housing pipeline, including affordable units that are slated to be…
Price per Square Foot Keeps Dropping in San Francisco
While the net number of homes on the market in San Francisco (i.e., inventory or supply) ticked down 5 percent over the past week with typical seasonality in play, there…
Benchmark Mortgage Rate Slipped Under 7 Percent, But…
The average rate for a benchmark 30-year mortgage ticked down 13 basis points over the past week to 6.95 percent, slipping back under 7 percent but still 125 percent higher…
Refinancing Still Represents a Third of New Mortgage Activity
Having inched down another half a percent over the past week, mortgage loan application volume in the U.S. is holding at a 25-year low, with applications to refinance down 85…
Pending Home Sales in S.F. Down Over 40 Percent YOY
While the net number of homes on the market in San Francisco (i.e., inventory/supply) has been up an average of 24 percent on a year-over-year basis over the past three…
Asking Rents in San Francisco and Oakland Slip, Inventory Up
The weighted average asking rent for an apartment in San Francisco ticked down another (1) percent in October to $3,690 per month and has now ticked down for two months…