Number of Homes for Sale in San Francisco Has Jumped
Driven by a pronounced slowdown in the pace of sales, the net number of homes on the market in San Francisco (i.e., inventory) has jumped by 25 percent over the…
Pending Home Sales in S.F. Down 40 Percent to a 5-Year Low
Despite an ongoing surge in the net number of houses and condos listed for sale across San Francisco (i.e., inventory), the number of homes in contract to be sold is…
Number of Homes for Sale in San Francisco Jumps 20 Percent
The fact that the number of homes in contract to be sold in San Francisco dropped another 7 percent over the past week isn’t too surprising considering it was a…
Pending Home Sales in S.F. Remain Down Over 30 Percent
While the number of homes on the market in San Francisco remains up over 30 percent on a year-over-year basis, as has been the case since early May, the number…
Demand for Mortgages to Purchase Homes Continues to Shrink
Mortgage loan application volume in the U.S. dropped nearly 4 percent on a seasonally adjusted basis and 5 percent in the absolute over the past week, with a 4 percent…
Number of Homes for Sale in San Francisco Poised to Jump
The net number of homes on the market in San Francisco (i.e., inventory) has effectively held at 1,140 over the past two weeks despite typically dropping over 10 percent at…
Pace of New Home Sales in the U.S. Has Tanked
Having dropped a downwardly revised 7.3 percent in June, the seasonally adjusted pace of new single-family home sales in the U.S. fell another 12.6 percent in July to an annualized…
Decline in U.S. Home Sales Is Accelerating, Median Price Drops
Having dropped 5.4 percent in June, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 5.9 percent in July to an annual rate of 4.81 million sales,…
Purchase Activity for New Homes in the U.S. Continues to Drop
Despite the fact that the number of new homes on the market across the U.S. is over 30 percent higher than at the same time last year, with the most…
Mortgage Applications Drop with Rapidly Drying Up Demand
Having inched up 0.2 percent on a seasonally adjusted basis last week, mortgage loan application volume in the U.S. has since dropped 3.0 percent in the absolute or 2.3 percent…