Existing Home Sales and Median Price Continue to Drop
Having ticked down in September, the seasonally adjusted pace of existing-home sales across the U.S. dropped 5.9 percent last month to an annual rate of 4.43 million sales, which was…
Purchase Mortgage Activity Down Nearly 50 Percent
While the seasonally adjusted volume of applications to secure a mortgage to purchase a home in the U.S. ticked up 4 percent over the past week, with the benchmark mortgage…
Single-Family Inventory Up in S.F., Reductions as Well
While the net number of homes on the market in San Francisco ticked down 3 percent over the past week with typical seasonality in play, inventory levels are over 30…
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…
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…
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…
Purchase Mortgage Activity Down Over 40 Percent, Locally Too
Having dropped to a 25-year low last week, mortgage loan application volume in the U.S. has since ticked down another 2 percent, driven by a 3 percent drop in purchase…
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…
Mortgage Application Volume Drops to a 25-Year Low
With the benchmark 30-year mortgage rate having hit a 20-year high but still running below its long-term average, mortgage loan application volume in the U.S. dropped another 4 percent over…
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…