Purchase Mortgage Activity Continues to Drop, Down 40% YOY
With the average rate for a 30-year mortgage having ticked back over 6 percent and poised to rise, the seasonally adjusted volume of applications to secure a purchase mortgage loan…
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Condo Conversion of the Warfield Theater Building, Take Two
Once again, don’t panic, The Warfield Theater itself isn’t being converted into condos a la the Lighthouse development across from Dolores Park. But plans to convert 25,000 square feet of…
Number of Homes for Sale in San Francisco Set to Climb
The net number of condos and single-family homes listed for sale in San Francisco (830) inched down 2 percent over the past week, which is typical for the week preceding…
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Buena Vista View Mansion Drops a(nother) Million
Purchased for $6.6 million in 2013, the 7,138-square-foot home at 15 Buena Vista Terrace, which was built on a double lot, with panoramic views and luxury finishes throughout, including a…
Mortgage Rates Inch Up, Odds of Rate Hikes As Well
Having briefly slipped under 6 percent, the average rate for a benchmark 30-year mortgage inched back up to 6.12 percent over the past week as the fed confirmed expectations for…
High-End Pied-à-Terre Relisted at a Loss
Purchased for $925,000 in March of 2018, unit #2E at 288 Pacific Avenue, “the perfect SF pied-a-terre” and “urban home in a beautiful full-service building…directly across the street from the…
Pending Home Sales in S.F. “Jump” From a 6-Year Low
Having dropped to a six-year low in the absolute last month, the net number of homes in contract to be sold across San Francisco has since “jumped nearly 50 percent,”…
Average Asking Rent in S.F. Ticks Up, Inflation Slows
Having slipped at the end of last year with typical seasonality in play, the weighted average asking rent for an apartment in San Francisco ticked up 2 percent in January…
Benchmark Mortgage Rate Poised to Slip Under 6 Percent, But…
The average rate for a benchmark 30-year mortgage inched down another 4 basis points (0.04 percentage points) over the past week to 6.09 percent and is currently poised to slip…
Nothing to See Here, It’s Just Another Data Point
Purchased for $953,883 in September of 2016, a price which was in-line with the pricing for the other 68 units in the new collection of city homes at 388 Fulton…