Vacancy Rate in Oakland Drops, Rents Poised to Tick Up
The weighted average asking rent for an apartment in Oakland has been holding at around $2,300 a month over the past few weeks, which is up around 2 percent from…
Inventory Levels in San Francisco Tick Up to a Six-Month High
With the number of homes that were newly listed for sale in San Francisco over the past week having outpaced the number of purchase contracts that were written, the net…
Pace of New Home Sales Drops, Inventory Hits a 14-Month High
Despite inventory levels having ticked up to a 14-month high, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.9 percent last month to an annualized…
Pace of Existing Home Sales Drops to an 11-Month Low
Having slipped another 0.9 percent in May, the seasonally adjusted pace of existing-home sales across the U.S. has dropped to an annual rate of 5.80 million sales, which was 44.6…
Rents Have Ticked Up an Uneven 4 Percent in San Francisco
Having bottomed out in May, the weighted average asking rent for an apartment in San Francisco has since ticked up a little over 4 percent to $3,175 per month, but…
Number of Homes on the Market in San Francisco Ticks Up
With the number of homes that were newly listed for sale in San Francisco having outpaced the number of new purchase contracts that were written over the past two weeks,…
Inventory Levels Inch Down in San Francisco, Year-Over-Year
The net number of single-family homes and condos listed for sale in San Francisco (i.e., inventory) inched down 2 percent over the past two weeks to 920, which includes 260…
Rents in San Francisco Tick Up as Vacancy Rate Drops, But…
Having bottomed out at around $3,050 last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in San Francisco has since…
Pending Home Sales in the U.S. Drop
As we noted last month, with mortgage application volumes across the nation having declined, the National Association of Realtors Pending Home Sales Index was poised to drop despite having ticked…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched up to 3.00 percent last week, the average rate for a benchmark 30-year mortgage has since inched back down 5 basis points (0.05 percentage points) to 2.95 percent,…