Over 40 Percent More Homes on the Market than Average in S.F.
As we projected, the number of condos and single-family homes on the market in San Francisco (i.e., inventory) ticked up another 5 percent over the past week and continues to…
Average Asking Price Per Square Foot in S.F. Ticks Down
With the number of homes on the market in San Francisco (i.e., inventory) still ticking up from a 13-year seasonal high and poised to jump over the next couple of…
Asking Rents in Oakland Continue to Tick Down, Discount Up
Having dropped to a two-year low at the end of last year, the average asking rent for an apartment in Oakland has since ticked down another 4 percent to around…
Benchmark Mortgage Rate Inches Down to 6.79 Percent
With the expected value of the Fed’s rate cuts holding at a total of three (3) quarter-point rate cuts in 2024, as we first calculated a few weeks ago and…
Median New Home Sale Price Drops, Down Nearly 20% from Peak
The seasonally adjusted pace of new single-family home sales in the U.S. slipped less than a percent from January to February and the pace was still 5.9 percent higher than…
Inventory Levels Keep Ticking Up in San Francisco
Having hit a 13-year seasonal high last week, the number of single-family homes and condos on the market in San Francisco (i.e., inventory) has since ticked up another 3 percent,…
New Home Sales Activity Ticks Up But Pace Slips, Loan Size Too
Up 19 percent on a year-over-year basis in January, mortgage application volume for new home purchases in the U.S. only ticked up a (1) percent from January to February. And…
Number of Homes on the Market in S.F. Hits a 13-Year High
Well, our model was off by a week. But with the net number of single-family homes and condos on the market having ticked up another 3 percent, there are now…
Average Asking Price in San Francisco Drops, Inventory Ticks Up
With the number of single-family homes and condos in contract to be sold across San Francisco having dropped to its lowest level in over 7 years on a seasonally adjusted…
Pace of Home Sales in S.F. Drops, Slowest in Over 7 Years
Despite some misreports of a “market rebound” making the rounds last month and inventory levels ticking up, the number of single-family homes and condos in contract to be sold in…