Articles Filed Under: Trends

(2,540 posts)

JustQuotes: No Surprise, Bay Area Rents On The Rise

“In San Francisco proper, average occupancy now exceeds 97% and monthly effective rents have increased 7% in each of the past two years….In San Jose, average occupancy is in excess of 97% and average effective rents rose 7.8% in 2005 and 10% last year, marking the highest rent increase... Read More »

San Francisco Housing Inventory Update: 6/01/07

San Francisco Housing Inventory Update: 6/01/07

A typical decline in new listings in the week prior to Memorial Day combined with an uptick in sales (based on our calculations) resulted in a nominal decrease in San Francisco’s total Active listed housing inventory over the past two weeks (now down ~10% YOY). At the same time,... Read More »

JustQuotes: The Showcase, The Event, And The (National) Impact

“1771 North Point is a down to the studs total overhaul (remodel doesn’t do it justice) and the showcase home for the Pacific Coast Builders Conference.” (The “Marina Green Showcase” Hits The Market) “Numbers are down this year at PCBC The Premier Building Show, a major homebuilders conference at... Read More »

OFHEO First Quarter Report: 0.35% Appreciation For SF MSAD

OFHEO First Quarter Report: 0.35% Appreciation For SF MSAD

The latest OFHEO House Price Index (HPI) ranks California 46th in terms of year-over-year home price appreciation (1.19%) and measures Q1 2007 appreciation at a negative 0.84%. For the San Francisco/San Mateo/Redwood City MSAD, year-over-year appreciation measured 1.32% with appreciation of 0.35% in the first quarter of 2007, a... Read More »

March S&P/Case-Shiller Index: Mixed Results For San Francisco MSA

March S&P/Case-Shiller Index: Mixed Results For San Francisco MSA

According to the March 2007 S&P/Case-Shiller index (pdf), single-family home prices in the San Francisco MSA slipped 2.3% year-over-year but gained 0.1% from February ’07 to March ’07 (the first monthly uptick since May 2006). For the broader 10-City composite (CSXR), year-over-year price growth is down 1.9% and down... Read More »

We’ve Almost Got A Line (Another Data Point At 2760 Sacramento)

We’ve Almost Got A Line (Another Data Point At 2760 Sacramento)

As you might recall, last fall 2760 Sacramento #9 hit the market in Pacific Heights for $769,000, received multiple offers, and sold for $859,000 on 8/31/06. At the same time, 2760 Sacramento #11 hit the market for $795,000, was reduced to $755,000, received four offers, went into contract for... Read More »

Reports Of Mortgage Fraud Spike For 2006 Originations

Reports Of Mortgage Fraud Spike For 2006 Originations

According to the Mortgage Bankers Association (MBA) and the Mortgage Asset Research Institute (MARI), “The number of reports in MARI’s Mortgage Data Industry Exchange (MIDEX®) database pertaining to 2006 originations is approximately 30 percent higher than the number of reports in the 2005 book of business at the... Read More »

San Francisco Home Sales Drop, Median Sales Price Up

San Francisco Home Sales Drop, Median Sales Price Up

According to DataQuick, the median sales price for existing homes in San Francisco was $790,000 last month, up 1.4% compared to a revised April ’06 ($779,000), and up significantly (4.9%) compared to the month prior. Sales volume, however, was down (3.9%) year-over-year (568 sales in April ’07 versus a... Read More »

San Francisco Housing Inventory Update: 5/14/07

San Francisco Housing Inventory Update: 5/14/07

Based on our calculations, re-sale activity for listed properties in San Francisco has been relatively flat over the past two weeks. At the same time, new listings have slightly outpaced new sales resulting in a nominal increase in total Active listed housing inventory. ∙ San Francisco Housing Inventory Update:... Read More »

The SocketSite Scoop On That Short Sale In Rincon Hill

The SocketSite Scoop On That Short Sale In Rincon Hill

Okay, so here’s the “plugged-in” scoop on that “short sale of a Rincon Hill condo” that was mentioned in the Chronicle this past weekend: It’s a two bedroom condo in the Bridgeview (#1212); it was originally listed for $849,000 and then reduced (twice) to $799,000; and as the listing... Read More »