Benchmark Mortgage Rate Back Above 7 Percent
The average rate for a benchmark 30 year mortgage jumped 22 basis points (0.22 percentage points) over the past week to 7.10 percent, which is 71 basis points higher than…
Apples To Apples
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Price Cut(s) for A Classic Marina Condo, Offer Date Set
Positioned as “a great first time buyer opportunity OR second home for Pied-a-Terre purchaser,” the classic one-bedroom Marina District condo #1 at 1500 Francisco Street, which is NOT located within…
Pace of New Home Sales Activity Drops, Average Loan Size Too
While mortgage application volume for new home purchases in the U.S. ticked up a (1) percent from January to February and was nearly 16 percent higher than at the same…
Number of Homes on the Market in S.F. Keeps Climbing
Having hit a 13-year seasonal high last month, the net number of single-family homes and condos on the market has since ticked up another 13 percent with new supply having…
East Bay Office Vacancy Rate Inches Up, But…
With the office vacancy rate in San Francisco having ticked over 33 percent last month, the effective office vacancy rate in the East Bay, not including Walnut Creek or further…
Apples To Apples
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Price Cut(s) for Broadway Mansion on a Prime Flat Block
The remodeled Pacific Heights mansion at 2480 Broadway, a prime five-bedroom home with panoramic bay views and a rather awesome roof deck, on a coveted flat block of Broadway, quietly…
Benchmark Mortgage Rate Back Near 7 Percent
Following a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30 year mortgage ticked up another 6 basis points (0.06 percentage points) over…
Purchase Mortgage Activity Drops, Rates on the Rise
Having inched up a percent at the end of last month, purchase mortgage application volume in the U.S. dropped 5 percent in the absolute over the past week and 4…
Apples To Apples
Bay Buildings
Listings (for sale)
Neighborhoods
Real Estate Economics
RealRecentReductions
Trends
Price Cut(s) for A Great South Beach Investment
Purchased as “a great investment” for $608,000 in March of 2021, which was actually $31,000 under asking at the time, the 493-square-foot, junior one-bedroom Portside II unit #505N at 403…
Awesome View Home Fetches Twice Its 2016 Price! But…
“Perched majestically atop Golden Gate Heights” on a 6,365-square-foot, park-like lot, the designer five-bedroom home with a detached guest cottage at 565 Ortega Street returned to the market priced at…