Having inched up 0.7 percent in May, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped 8.6 percent in June to a below average reading of 91.0 and was down 20 percent versus the same... Read More »
Despite a marked increase in inventory, which has been up over 30 percent on a year-over-year basis over the past two months, the number of single-family homes and condos in contract across San Francisco dropped another 8 percent over the past two weeks is now down 28 percent on... Read More »
Having dropped 3.9 percent in April to a near decade low, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, inched back up 0.7 percent in May to 99.9 but was down 13.6 percent on a... Read More »
Having ticked down 1.2 percent in March, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another 3.9 percent in April to 99.3, which was 9.1 percent lower than at the same time last year,... Read More »
Having “dwindled” 4.1 percent in February, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 1.2 percent last month to 103.7, which was 8.2 percent lower than at the same time last year... Read More »
Having dropped 5.7 percent in January, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, “dwindled” another 4.1 percent last month to 104.5, which was 5.4 percent lower than at the same time last year and... Read More »
Having ticked down 3.8 percent in December, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another 5.7 percent in January to 109.5 and was 9.5 percent lower than at the same time last year.... Read More »
Having ticked down 2.2 percent in November, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another 3.8 percent in December to 117.7 and was down 6.9 percent year-over-year. At the same time, pending sales... Read More »
Having gained 7.5 percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down 2.2 percent to a reading of 122.4 in November and was down 2.7 percent, year-over-year. At the same time,... Read More »
Having dropped 2.3 percent in September, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked up 7.5 percent in October to 125.2. On a year-over-year basis, however, the index was down 1.4 percent, closed sales... Read More »
“Without Federal QE support SF story is done. The valuations are done. The last hope if it still exis...” [more]
“UPDATE: As projected, Benchmark Mortgage Rate Ticks Down but Holding at Over 6%...” [more]
“Its a reckoning for the SF market. If under-utilized space is included maybe 35% vacancy?...” [more]
“What are all y'all talking about. They did it in black and white. That's the thing, right? ;)...” [more]
“then i would argue for lessening the degree of increase. would prefer .125% increases as opposed to...” [more]
“Once again, “while the net number of homes on the market in San Francisco (i.e., inventory) is cur...” [more]
“Glad that you agree...” [more]
“And we're still 4M abobe 1800!! But I'd def like to see more discussuion on this point Which obvio...” [more]
“UPDATE: With the benchmark 30-year mortgage rate still hovering around 6.5 percent, despite last wee...” [more]
“How 'bout - get ready for it! - white wallpaper ??...” [more]