A Tough Week On The Street And Close To Home
As we wrote under the headline, “Look Past The Overhyped Facebook Effect” in February: Forget the overhyped Facebook effect (a.k.a. “buy now or be priced out forever 2.0”) and simply…
U.S. Pending Sales Up 14.4% YOY But Slide 5.5% MOM In April
While the rate of U.S. home price declines slowed to a nominal 0.1 percent in March, the National Associations of Realtors Pending Home Sales Index fell 5.5 percent from March…
S&P/Case-Shiller San Francisco: Condo Prices Jumped In March
According to the March 2012 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA gained 1.0% from February 2012 to March 2012 but remain down 3.0% year-over-year,…
U.S. New Home Sales: Up 9.9% YOY In April But Well Below Average
The seasonally adjusted annual pace of new single-family home sales in the U.S. rose to 343,000 in April, up 3.3 percent from a revised rate of 332,000 in March and…
San Francisco Employment Up By 2,400, Unemployment Under 8%
Preliminary April labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rates at 7.4%, 6.4% and 6.8% respectively, down 0.7 points in San Francisco…
Recorded San Francisco Sales Up 20.6% In April (Year-Over-Year)
Recorded home sales volume in San Francisco rose 20.6% on a year-over-year basis last month (509 recorded sales in April 2012 versus 422 sales in April 2011), down 7.6% as…
San Francisco’s Total Housing Inventory And Pipeline Report
The Planning Commission will get their first peek at the Planning Department’s latest Housing Inventory report this afternoon, you get it this morning. With 372,831 total housing units in San…
Fixed Mortgage Rates Hit All-Time Lows (Again)
According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.83 percent (with 0.7 points) for the week ending today, a new all-time low, down from…
Have You Heard The One About The House With Over 50 Offers?
From a plugged-in reader yesterday: One of my buddies who works at told me today that he bid on a place on 20th Street that went for 65% over asking…
San Francisco First Quarter Home Sales Volume: Back To 2008
Recorded first quarter home sales volume in San Francisco is up 7 percent versus 2011, up 50 percent versus 2009, down 32 percent versus 2004 and roughly even with 2008.…