Landmark Octagon House Just Relisted for Over a Million Less
Joining the growing list of San Francisco properties that were quietly delisted from the MLS last year, without a reported sale, and are now returning to the market, as expected,…
Mortgage Loan Application Volumes Are Up (And Down)
Mortgage loan application volumes to either purchase or refinance a home in the U.S. increased 12 percent on a seasonally adjusted basis over the past week and were up 15…
Omicron’s Impact on the Reopening of San Francisco
While muddled by a typical holiday slowdown at the end of the year, the impact of the Omicron variant on return to office plans (as measured by office attendance, which…
Listed Inventory Levels Tick Up in San Francisco
Despite the fact that new listing activity slipped over the past week, as is typical when it’s a playoff weekend and open houses are less likely to be trafficked, particularly…
Pending Home Sales in the U.S. (And S.F.) Are Down
Having ticked down 2.2 percent in November, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped…
Asking Rents in Oakland Tick Up Another 3 Percent
Having increased 7 percent last year, the weighted average asking rent for an apartment in Oakland has ticked up nearly 3 percent over the past few weeks to $2,500 a…
Benchmark Mortgage Rate Holding Near a 2-Year High
The average rate for a benchmark 30-year mortgage inched down one (1) basis points (0.01 percentage points) over the past week to 3.55 percent, which is 78 basis points percent…
New Home Sales Were Down at the End of 2021, Inventory Up
While the seasonally adjusted pace of new single-family home sales in the U.S. increased 11.9 percent from November to December, the annualized rate of 811,000 transactions was down 14.0 percent…
Purchase Mortgage Activity in the U.S. Down YOY
Mortgage loan application volumes to purchase a home in the U.S. ticked up 5 percent over the past week but were down 2 percent on a seasonally adjusted basis and…
Index for Bay Area House Values Decelerates, Condo Index Slips
Having held in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula –…