Number of Homes for Sale in San Francisco Climbs
With the pace of home sales in San Francisco having been down around 15 percent on a year-over-year basis over the past month while listing activity is up, the net…
Bay Area Employment Slipped Last Month, But…
Having increased by 14,300 in the first quarter of 2022, the net number of people living in San Francisco with a paycheck ticked down by 2,900 in April to 555,100.…
Purchase Activity for New Homes Drops by Double Digits
Despite the fact that there are now over 30 percent more new homes on the market across the nation than there were at the same time last year and new…
Pace of Existing Home Sales in the U.S. Nearing a 2-Year Low
Having ticked down 2.7 percent in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.4 percent in April to an annual rate of 5.61 million…
Purchase Mortgage Activity in the U.S. Down over 10 Percent
Having ticked up 2 percent last week, mortgage loan application volume across the U.S. has since dropped 11 percent on both an absolute and seasonally adjusted basis, according to data…
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Bigger Plans for Balboa Park Building Slated for Approval, But…
Originally envisioned as a 20-unit building that would rise up to 45 feet in height upon the Balboa Park warehouse site at 350-352 Ocean Avenue, bigger plans for a six-story…
Up on Pacific Avenue But Still Down From 2016
As we outlined back in the first quarter of 2019: The “fabulously located condominium” unit #1 at 1536 Pacific Avenue, which was built in 2009 and “designed to withstand the…
Inventory and Price Cuts Tick Up in San Francisco
The net number of homes on the market in San Francisco (i.e., inventory) ticked up another 3 percent over the past week from what was already an 11-year seasonal high…
Mortgage Rates Inch Up, 30-Year Rate Hits a 670-Week High
As we noted last week, “the yield on the 10-year treasury inched up around 3 basis points since the Fed’s announcement, indicating the near-certain hike was already priced-in and should…
Mortgage Applications Tick Up, ARM Share Nearly Triples
Mortgage loan application volume across the U.S. ticked up 2.0 percent over the past week on a seasonally adjusted basis and 3.0 percent in the absolute, according to data from…