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Articles Recently Tagged: Inventory

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Pending Home Sales in San Francisco Down Nearly 50 Percent

Having slipped another percent over the past week, the number of homes in contract to be sold across San Francisco is now 46 percent lower than at the same time last year and pending home sales activity is at its lowest level in over six years on a seasonally... Read More »

Price per Square Foot Keeps Dropping in San Francisco

While the net number of homes on the market in San Francisco (i.e., inventory or supply) ticked down 5 percent over the past week with typical seasonality in play, there are still 22 percent more homes on the market than there were at the same time last year and... Read More »

Pending Home Sales in S.F. Down Over 40 Percent YOY

While the net number of homes on the market in San Francisco (i.e., inventory/supply) has been up an average of 24 percent on a year-over-year basis over the past three months, the number of homes in contract to be sold (i.e., demand) has been down an average of 40... Read More »

Price Cuts Continue to Tick Up in San Francisco

Having peaked a few weeks ago at an effective 12-year high, the net number of homes on the market in San Francisco (i.e., inventory/supply) has since ticked down 1 percent to 1,470 but remains 22 percent higher than at the same time last year and over 50 percent higher... Read More »

Pace of New Home Sales Drops Despite Inventory Gains

Pace of New Home Sales Drops Despite Inventory Gains

Having bounced in August, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 10.9 percent in September to an annualized rate of 603,000 sales, which is 17.6 percent lower than at the same time last year; 37.9 percent below the pace of sales in September... Read More »

Nearly 40 Percent of Active Listings in S.F. Have Been Reduced

While the net number of homes on the market in San Francisco (i.e., inventory) is holding at an effective 12-year high, having peaked a few weeks ago, as projected, the percentage of said homes which have undergone at least one price reduction has ticked up to 37 percent. That’s... Read More »

Existing Home Sales and Median Price Drop

Existing Home Sales and Median Price Drop

Having slipped in August, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 1.5 percent in September to an annual rate of 4.71 million sales, which was 23.8 percent lower than at the same time last year; well below the pre-pandemic pace of sales; and... Read More »

New Home Demand Drops Despite Rise in Supply

New Home Demand Drops Despite Rise in Supply

While the seasonally adjusted pace of new single-family home sales in the U.S. rebounded in August to an annualized pace that was effectively even with the same time last year, but still below pre-pandemic levels, the number of mortgage loan applications for new homes in the U.S. dropped 7... Read More »

Home Sales Down, Inventory and Reductions Up in S.F.

Home Sales Down, Inventory and Reductions Up in S.F.

Having effectively peaked a couple weeks ago, as projected, the net number of homes on the market in San Francisco (i.e., inventory) remains 20 percent higher than at the same time last year, 45 percent higher than prior the pandemic, and over twice as high as in 2015, driven... Read More »

Pending Home Sales in San Francisco Down Nearly 50 Percent

While the net number of homes on the market in San Francisco, i.e., inventory, has been up an average of 26 percent on a year-over-year basis over the past three months, the number of homes in contract to be sold is now down 47 percent on a year-over-year basis... Read More »