Benchmark Mortgage Rate Keeps Climbing, Nearing a 2-Year High
Having hit a 22-month high last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points (0.11 percentage points) to 3.56 percent, which…
Number of Homes on the Market in S.F. Is Ticking Up
Despite some industry misanalysis making the rounds at the end of last year, the net number of homes on the market in San Francisco has jumped 27 percent over the…
Office Vacancy Rate in the East Bay Inches Up
The office vacancy rate in the East Bay, not including Walnut Creek or further east, inched up from 17.9 percent at the end of September to 18.1 percent at the…
Office Vacancy Rate in San Francisco Inches Down, But…
Having hit a pandemic high of 20.5 percent in the third quarter of last year, the effective office vacancy rate in San Francisco inched down to 19.9 percent at the…
Pending Home Sales in S.F. Drop to a 19-Month Low
The net number of single-family homes and condos in contract across San Francisco dropped 17 percent over the past week, which represents a typical percentage drop based on typical seasonality…
Number of Homes on the Market in S.F. Starts Ticking Back Up
Despite some industry misanalysis making the rounds at the end of last year, the number of homes on the market in San Francisco has started ticking back up with typical…
Benchmark Mortgage Rate Hits a 20-Month High
The average rate for a benchmark 30-year mortgage ticked up 11 basis points (0.11 percentage points) over the past week to 3.22 percent, which is 55 basis points higher than…
Purchase Mortgage Activity in the U.S. Ended 2021 Down
Mortgage loan application volumes to purchase a home in the U.S. dropped 4 percent on a seasonally adjusted basis over the last two weeks of 2021 and ended the year…
S.F. Will Soon Average Over 1,500 New COVID Cases Per Day
Based on our analysis of the City and County of San Francisco’s case data, the 7-day average number of daily new Covid-19 cases detected in San Francisco ticked over 1,000…
2021 Ends with Nearly 50% Fewer Homes on the Market, But…
Having peaked in October, the net number of homes on the market in San Francisco (510) has since dropped nearly 60 percent and listed inventory levels are 46 percent lower…