Stickiness of Home Prices in San Francisco Is Slipping
Having dropped to its lowest level in five years last week, the average price per square foot of the homes which are in contract in San Francisco, which is a…
Expectation Gap Widens in San Francisco
Despite the fact that the average list price per square foot of homes on the market in San Francisco is already 10 percent lower than at the same time last…
2022 Ends with Over 40% More Homes on the Market in S.F.
Having peaked in October, the net number of homes on the market in San Francisco has since dropped 50 percent with typical seasonality in play and driven by a pronounced…
Pending Price per Square Foot Drops to a Five-Year Low in S.F.
With the Case-Shiller index for Bay Area home values, which is a lagging indicator, having shed 13 percent since May and headed down, the average price per square foot of…
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Single-Family Home Inventory Is Building Up
While the number of homes listed for sale in San Francisco ticked down 7 percent in the absolute over the past week with typical seasonality in play, there are still…
Homebuyer Sentiment Remains Low Despite Drop in Rates
As expected, the average rate for a benchmark 30-year mortgage dropped another 16 basis points (0.16 percentage points) over the past week to 6.33 percent but remains over twice as…
Demand Drops in “Rapidly Cooling Home-Price Environment”
With the average loan size on applications to purchase a home across the nation having dropped to a two-year low, which, in the euphemistic words of the Mortgage Bankers Association,…
Inventory, Sales and Prices Drop in San Francisco
Driven by a slowdown in listing activity, the net number of homes on the market in San Francisco dropped 8 percent over the past week but remains 35 percent higher…
Price per Square Foot in San Francisco Keeps Dropping
With a pronounced drop in sales and jump in reductions, the list price per square foot of the homes which are in contract across San Francisco, which is a leading…
Reductions Jump, Price Per Square Foot Drops in San Francisco
While pending home sales are down nearly 50 percent in San Francisco, the number of homes on the market (i.e., inventory) is currently 35 percent higher than it was at…