Number of Homes for Sale in San Francisco Drops, But…
Having inched up a percent last week, the net number of homes on the market in San Francisco has since dropped 5 percent driven by an uptick in contract activity.…
Bay Area Employment Actually Dropped Again in January
While the unemployment rate in San Francisco inched down from 6.4 percent in December to 6.3 percent in January, prior to the State’s Stay Home Order having been lifted at…
Mortgage Rates Inch Up
Having inched over 3 percent for the first time in seven months last week, the average rate for a benchmark 30-year mortgage has since inched up another 3 basis points…
Mortgage Loan Activity Slips Driven by a Drop in Refinancings
Having ticked up 2 percent last week, mortgage loan activity across the U.S. has since slipped a percent, driven by a drop in refinancing activity, according to the Mortgage Bankers…
COVID Case Rate Drops to a 4-Month Low in San Francisco
Having hit a revised pandemic high of 375 on January 8, the 7-day average number of daily new COVID-19 cases diagnosed in San Francisco has dropped to 52, which is…
Inventory Levels Inch Up in San Francisco
Having slipped last week, the net number of homes on the market in San Francisco has since inched back up 1 percent to 980, representing 35 percent more inventory than…
Benchmark Mortgage Rate Inches Over 3 Percent
Having jumped 16 basis points (0.16 percentage points) last week, the average rate for a benchmark 30-year mortgage has since inched up another 5 basis points to 3.02 percent, which…
Mortgage Loan Activity Ticks Up, But…
Having dropped 10 percent last week, mortgage loan activity across the U.S. ticked up 2.0 percent this week, with purchase loan activity ticking up 5 percent and refinancing activity inching…
Inventory Levels Tick Down in S.F. with an Uptick in Sales
While listing activity for single-family homes and condos in San Francisco ticked up nearly 20 percent over the past week, purchase activity ticked up even more. And as such, the…
Pending Home Sales Drop 2.8 Percent Nationally
Having slipped in December, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped 2.8 percent in…