Austin, We Have A Problem
Purchased for $770,000 in June of 2020, having been priced by the sales office at $839,500 in 2018, the 637-square-foot, junior one-bedroom unit #605 with a deeded parking space in…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Purchased for $770,000 in June of 2020, having been priced by the sales office at $839,500 in 2018, the 637-square-foot, junior one-bedroom unit #605 with a deeded parking space in…
Having dropped to its lowest level since 2012 at the end of last year, mortgage credit availability, as indexed by the Mortgage Bankers Association (MBA) has since inched up a…
Driven by a slowdown in the pace of springtime sales versus a “surge,” the net number of single-family homes and condos on the market in San Francisco ticked up 3…
Speaking of a sharp drop in asking prices across San Francisco despite (mis)reports of a “surging” market, the 838-square-foot Yerba Buena Loft unit #911 at 855 Folsom Street, which had…
With the pace of home sales in San Francisco having slowed following a seasonally driven uptick and inventory levels ticking up from a 13-year seasonal high, the average asking price…
Measured prior to yesterday’s affirmation from the Fed, the average rate for a benchmark 30-year mortgage had already ticked up another 5 basis points (0.05 percentage points) to 7.22 percent,…
As we first outlined back in February, when the average 30-year mortgage rate was only 6.64 percent, our analysis of the futures market was projecting far fewer rate cuts than…
Purchase mortgage application volume in the U.S. dropped 2 percent on a seasonally adjusted basis and 1 percent in absolute over the past week and was 14 percent lower than…
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East Bay, North Bay and Peninsula) ticked up nearly…
The net number of single-family homes and condos on the market in San Francisco effectively held at a 13-year seasonal high over the past week as a slowdown in the…