Trends – Page 7 – SocketSite™

Tue. May 6th, 2025

Apples To Apples Bay Buildings Listings (for sale) Neighborhoods Real Estate Economics Rentals Trends

Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less

April 25, 2024

Developed by JS Sullivan and completed in 2019, the one-bedroom unit #301 in the 42-unit building at 719 Larkin Street sold for $685,000 in September of 2019, establishing a building…

Apples To Apples Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Continues to Climb

April 25, 2024

Having leapt back over 7 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up another 7 basis points (0.07 percentage points) to 7.17 percent,…

Apples To Apples Bay Buildings Industry Stuff Neighborhoods Trends

Contemporary Western SoMa Condo Trades Down Over 30 Percent

April 24, 2024

Speaking of “over asking” sales in this “surging” market, the re-sale of the two-bedroom condo #219 at 99 Rausch has just closed escrow with a contract price of $885,000, which…

Industry Stuff Real Estate Economics Trends

Purchase Mortgage Activity Ticks Down, Jumbo Rates Jump

April 24, 2024

Purchase mortgage application volume in the U.S. was effectively unchanged over the past week in the absolute but ticked down a (1) percent on a seasonally adjusted basis and was…

Breaking News Industry Stuff Real Estate Economics Trends

Pace of New Home Sales “Surged” Last Month, But…

April 23, 2024

Having dropped a downwardly revised 5.1 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 8.8 percent in March and was 8.3 percent…

Industry Stuff Listings (for sale) Real Estate Economics Trends

Inventory Ticks Up in San Francisco, Average Asking Price Down

April 22, 2024

The net number of single-family homes and condos on the market in San Francisco ticked up another 3 percent over the past week from a 13-year seasonal high, with 7…

East Bay Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Bay Area Employment Inches Up to Early 2016 Levels

April 19, 2024

While the net number of San Francisco residents with a job increased by 1,200 in March to 538,800, there were still over 16,000 fewer employed residents in the city than…

Breaking News Real Estate Economics Trends

Expected Value of Rate Cuts Tumbles, Again

April 19, 2024

As we first outlined earlier this year, the expected value of the Fed’s rate cuts in 2024 was on the decline, with our analysis suggesting fewer than half the number…

Apples To Apples Bay Buildings Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Big Price Cut for Luxury Condo Already Listed at a Loss

April 18, 2024

With the list price for the 2,567-square-foot, corner unit #22D in the Four Seasons Hotel and Residences at 765 Market Street having been dropped to $3.395 million last month, an…

Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Back Above 7 Percent

April 18, 2024

The average rate for a benchmark 30 year mortgage jumped 22 basis points (0.22 percentage points) over the past week to 7.10 percent, which is 71 basis points higher than…

Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less
152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…
Brahma (incensed renter) on “Full(er) House” Home Back on the Market
Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…
Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced
Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…
Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank
Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…
steve on Prominent Nob Hill Corner Closer to Proposed Reality
I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Probably won't meaningfully decrease the amount of office space on the market. Google is pulling out of it's lease at…

You missed

Breaking News Industry Stuff Real Estate Economics Trends

Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less

Benchmark Mortgage Rate Continues to Climb

Contemporary Western SoMa Condo Trades Down Over 30 Percent

Purchase Mortgage Activity Ticks Down, Jumbo Rates Jump

Pace of New Home Sales “Surged” Last Month, But…

Inventory Ticks Up in San Francisco, Average Asking Price Down

Bay Area Employment Inches Up to Early 2016 Levels

Expected Value of Rate Cuts Tumbles, Again

Big Price Cut for Luxury Condo Already Listed at a Loss

Benchmark Mortgage Rate Back Above 7 Percent

You missed

Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year

Category: Trends

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