Mortgage Loan Application Volumes in the U.S. Drop
Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 3.3 percent on a seasonally adjusted basis over the past week and were down…
Number of Homes for Sale in S.F. Ticks Down, PPSF as Well
As projected, the number of homes on the market in San Francisco ticked down another percent over the past week to 1,210, having peaked exactly two weeks ago. As such,…
Pending Home Sales in the U.S. Dip
Having recovered 8.1 percent in August, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dipped 2.3…
Benchmark Mortgage Rate Inches Up, Nearing a 16-Month High
The average rate for a benchmark 30-year mortgage has inched up another 9 basis points over the past two weeks to 3.14 percent, which is the highest rate in six…
Pace of New Home Sales in the U.S. Jumps, Still Down YOY
The seasonally adjusted pace of new single-family home sales in the U.S. jumped 14 percent in September to an annualized rate of 800,000 homes but was down 17.6 percent on…
Average Asking Rent in San Francisco Slips
Having rebounded a little over 12 percent from May through September, the weighted average asking rent for an apartment in San Francisco slipped a percent in October to $3,375 per…
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Index for Bay Area House Values Inches Up, YOY Gain Slips
Having ticked up a downwardly revised 1.1 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Number of Homes for Sale in San Francisco Inches Down
As projected, the number of homes on the market in San Francisco inched down a (1) percent over the past week to 1,220, down from a high-water mark of 1,240…
430K Bay Area Jobs Have Been Recovered, 220K Left to Go
Having slipped by (an upwardly revised) 2,400 in August, the number of people living in San Francisco with a paycheck increased by 6,300 in September to 535,700, dropping the unemployment…
Rebound in Oakland Rents Has Stalled
Having ticked up in late August, the weighted average asking rent in Oakland has since held at around $2,400 a month, with the average asking rent for a one-bedroom in…