New Home Sales and Contract Prices Drop, Inventory Ticks Up
Having jumped a downwardly revised 8.6 percent in September, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.6 percent in October to an annual rate…
Trendy Farmhouse Thanks and Design
Envisioned as a “Sophisticated Modern Farmhouse,” which “effortlessly embodies modern living and intertwines timeless design,” the now five-bedroom Glen Park home at 2609 Diamond Street, which hit the market priced…
Benchmark Mortgage Rate Drops to 7.29 Percent
The average rate for a benchmark 30-year mortgage has ticked down 21 basis points (0.21 percentage points) over the past two weeks to 7.29 percent, which is 71 basis points…
Apples-to-Apples versus “Asking” for an Entry Level Condo
Listed for $688,000 in May, reduced to $650,000 in June,and then dropped to $625,000 in September, the “stunning” 672-square-foot, one-bedroom condo #706 in the Stage 1075 development at 1075 Market…
Pending Home Sales in S.F. Have Dropped Over 50 Percent
The pace of single-family home and condo sales in San Francisco ticked down a few points over the past week, with 14 percent fewer homes in contract to be sold…
Number of Homes on the Market in S.F. Ticks Down, But…
Despite a 20 percent drop in new listing activity over the past week, the net number of homes on the market in San Francisco only ticked down 6 percent as…
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Bay Area Employment Slips, Drops Year-Over-Year, Again
Having inched up by an upwardly revised 700 in September, the number of San Francisco residents with a job slipped by 700 in October and is back down to 557,000,…
Discounting Helps Drive New Home Purchase Activity Up
Having dropped 12 percent from August to September, application volume for new home loan purchases in the U.S. ticked up 6 percent from September to October and was nearly 40…
Apples-to-Apples-to-Index for a Desirable North Slope Home
Featuring panoramic skyline views, “from Twin Peaks to Downtown to the East Bay,” the newly renovated and “culturally significant” home at 147 Ripley Street, on the “desirable North Slope” of…
Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)
Having dropped to its lowest level in 28 years earlier this month, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped…