Fed Cuts Stimulus On Indicators Of Activity Despite Anemic Q1
While the U.S. economy grew by an anemic 0.1 percent in the first quarter of 2014, “information received since the Federal Open Market Committee met in March indicates that growth…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
While the U.S. economy grew by an anemic 0.1 percent in the first quarter of 2014, “information received since the Federal Open Market Committee met in March indicates that growth…
At a time of the year when mortgage application volume should be picking up, the Mortgage Bankers Association‘s Purchase Index, a measure of mortgage loan application volume for home purchases…
According to the S&P/Case-Shiller Home Price Index, single-family home values in the San Francisco MSA ticked up a nominal 0.2% from January to February of 2014. Up 22.7% on a…
A couple of stats from a survey of Paragon Real Estate Group agents with respect to their last 12 months of activity in San Francisco: 60 percent of the sellers…
The National Association of Realtors Pending Homes Sales Index ticked up 3.4 percent from February to March, the first month-over-month gain in nine months. That being said, the forward-looking indicator…
The seasonally adjusted annual pace of new single-family home sales in the U.S. dropped to 384,000 in March, down 14.5 percent from the 449,000 pace as measured in February and…
While the number of homes on the market in the US is now 9.5 percent higher on a year-over-year basis, and “the weather” is no longer a remotely credible excuse,…
With the number of San Francisco residents with jobs having increased by 4,100 since the beginning of the year, the unemployment rate in the city has dropped to 5.2 percent…
The average rate for a conforming 30-year mortgage ticked down from 4.34 to 4.27 percent over the past week to a six-week low, 31 basis points below the three-year high…
Last month, the National Association of Realtors characterized an uptick in the inventory of homes for sale across the country as a sign of “seller confidence” and “an indication of…