San Francisco County Unemployment Falls To 9.3% In October
Preliminary October labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rate at 9.3%, 8.0% and 8.5% respectively, down 0.3 percentage points in San…
San Francisco Recorded Sales Activity Down 21.2% YOY In October
Recorded home sales volume in San Francisco fell 21.2% on a year-over-year basis last month (436 recorded sales in October ’10 versus 553 sales in October ‘09), down 1.4% as…
U.S. Housing Starts Take A Big Hit
Driven by a 44 percent drop in multifamily units, housing starts in the U.S. fell to a 519,000 annual rate in October, down 12 percent from September and the slowest…
San Francisco’s Seasonal Listed Housing Slide Underway
Inventory of listed single-family homes, condos, and TICs in San Francisco fell 7.6% over the past three weeks to 1,834 active listings. On average, inventory has fallen 5.7% during the…
Redfin Reports: San Francisco Sales Volume Down 27.3% In October
As we wrote in August: With recorded sales volume falling an average of 7.9 percent from June to July over the past six years, a seasonal decline is to be…
Back On Edinburgh An Apple Is Picked And Sales Stats Are Compared
The sale of 458 Edinburgh in the Excelsior closed escrow on 10/19 with a reported contract price of $528,000 ($422 per square foot). Call it 6 percent “over asking!” but…
Actual San Francisco Foreclosures Flat QOQ (Up 0.6% YOY)
Bay Area Notices of Default (NODs) fell 30.5% on a year-over-year basis in the third quarter of 2010, down 20.4% in San Francisco proper (from 607 to 483). At the…
That’s A Negative, Ghost Rider…
“The Treasury sold $10 billion of five-year Treasury Inflation Protected Securities at a negative yield for the first time at a U.S. debt auction as investors bet the Federal Reserve…
Case-Shiller Says…San Francisco MSA Falls Across All Tiers In August
According to the August 2010 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 0.3% from July ’10 to August ’10, down 34.6% from a peak…
San Francisco Listed Housing Inventory Hits New Half-Decade High
Inventory of listed single-family homes, condos, and TICs in San Francisco increased 2.5% over the past two weeks to a new half-decade high of 1,985 active listings. On average, inventory…