Rents in San Francisco Are Up 10 Percent
Despite some recent misreports to the contrary, apartment rents in San Francisco have not risen 18 percent since the start of the year. The weighted average asking rent for an…
Pending Home Sales Drop, Inventory Ticking Up
Having dropped 1.9 percent in June, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another…
New Home Inventory Up 26 Percent in the U.S., Sales Down
While the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.0 percent in July to an annualized rate of 708,000 sales, the current pace of…
Pace of Existing-Home Sales Ticks Up, Median Price Slips
The seasonally adjusted pace of existing-home sales across the U.S. ticked up 2.0 percent last month to an annual rate of 5.99 million sales, which was 1.5 percent higher than…
San Francisco Rents Tick Up, Listing Activity Too
While the rebound in San Francisco apartment rents has slowed, the weighted average asking rent for an apartment in the city has ticked up around 1.5 percent ($50) over the…
Purchase Mortgage Activity in the U.S. Drops
Mortgage loan application volume in the U.S. dropped 4 percent over the past week, or 3.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association. While the…
Number of Homes for Sale in S.F. Ticks Down, Poised to Jump
Having ticked down 1 percent over the past week with typical seasonality in play, the net number of homes for sale across the city (880) is still running around 40…
Asking Rents Tick Up in Oakland, But…
As projected, the weighted average asking rent for an apartment in Oakland has ticked up around 2 percent over the past two months to around $2,340 a month, representing a…
Listings Down in San Francisco, Sales Too
With new listing activity in San Francisco having dropped over 30 percent on a year-over-year basis over the past six weeks, the net number of homes for sale across the…
Purchase Mortgage Activity in the U.S. Down 18 Percent YOY
Mortgage loan application volume in the U.S. slipped 2 percent over the past week according to the Mortgage Bankers Association, and that’s despite the benchmark 30-year mortgage rate having dropped…