Home Buying Activity Inches Up, Only Down 35 Percent YOY
The volume of applications to secure a purchase mortgage loan for a home in the U.S. inched up 2 percent last week on both an absolute and seasonally adjusted basis,…
Inventory Ticks Up in San Francisco as Home Sales Decline
While the net number of homes on the market in San Francisco had been holding at a seasonally adjusted 10-year high, inventory levels ticked up 7 percent over the past…
New Home Sales and Median Sale Price Tick Up, But…
Having been revised down over the past quarter in the absolute, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.1 percent last month to…
Pending Home Sales in San Francisco Down Nearly 45 Percent
As we outlined yesterday, while the net number of homes on the market in San Francisco (i.e., inventory) is currently unchanged, month-over-month and year-over-year, it’s not due to a jump…
Number of Homes for Sale in S.F. Holds, Reductions Jump
While the net number of homes on the market in San Francisco has held over the past month and now year-over-year, it’s important to understand that the “holding pattern” is…
Pace of New Home Sales Slips Despite More Activity/Discounts
Driven by discounting and concessions, as home builders are more “motivated to sell homes in their construction pipeline,” versus existing-home owners that might try to hold out for last year’s…
Buyers and Sellers are Squaring Off in San Francisco
While 35 percent fewer condos and single-family homes have been newly listed for sale over the past week and month than over the same periods of time last year, the…
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Inventory Ticks Up in San Francisco, Asking Prices Down
Once again, despite a pronounced slowdown in the relative number of condos and single-family homes that have been newly listed for sale over the past three weeks, a slowdown that…
Average Asking Rent in San Francisco Inches Up, Inflation Slows
The weighted average asking rent for an apartment in San Francisco inched up less than a percent in February to $3,575 per month, which is 7 percent higher than at…
Number of Homes for Sale in San Francisco Keeps Ticking Up
Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past two weeks, driven by sellers either being unable or unwilling…