Oakland Rents Increased 7 Percent in 2021 but Still Down
Having ticked up a (1) percent in November, the weighted average asking rent for an apartment in Oakland inched up another 0.4 percent in December to $2,440 a month, which…
Indexes for Bay Area Home Values Hold, Poised to Turn
Having inched up 0.1 percent in September, 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…
COVID Rockets in San Francisco [UPDATED]
Compounded by an increase in the detection of asymptomatic cases that might have previously gone undetected, with proactive testing for holiday travel, parties and other get-togethers having jumped, the number…
Rents in S.F. Increased 8 Percent in 2021, Still Depressed
The weighted average asking rent for an apartment in San Francisco effectively held at $3,325 in December, which is roughly 8 percent higher than at the beginning of the year…
New Home Sales Up and Down, Inventory Climbs
Having dropped a downwardly revised 8.4 percent in October, the seasonally adjusted pace of new single-family home sales in the U.S. increased 12.4 percent in November to an annualized rate…
Mortgage Rates Slip, Slated to Rise
With the Omicron surge rattling the market, driving bond yields down, the average rate for a benchmark 30-year mortgage slipped 7 basis points (0.07 percentage points) over the past week…
Pace of Existing Home Sales Ticks Up, Down Year-Over-Year
Having inched up 0.8 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 6.46 million…
Purchase Mortgage Activity in the U.S. Drops
Having ticked down 3 percent on a seasonally adjusted basis and 6 percent in the absolute, mortgage loan application volumes to purchase a home in the U.S. were down 9…
Telegraph Hill Project Has Been Supersized as Well
While Planning’s preliminary review of the preliminary plans for a seven-story, 24-unit building to rise up to 84 feet in height upon the parking garage parcel at 955 Sansome Street,…
New Unemployment Claims Near Pre-Pandemic Levels, But…
Having dropped to a pandemic-era low of 51,484 in October, the number of new unemployment claims filed across the Bay Area fell to 36,421 in November, which was within 40…