Number of Homes for Sale in San Francisco Climbs
With the pace of home sales in San Francisco having been down around 15 percent on a year-over-year basis over the past month while listing activity is up, the net…
Purchase Mortgage Activity in the U.S. Down over 10 Percent
Having ticked up 2 percent last week, mortgage loan application volume across the U.S. has since dropped 11 percent on both an absolute and seasonally adjusted basis, according to data…
Number of Homes for Sale in San Francisco Keeps Climbing
Driven by a pronounced slowdown in the pace of sales, the net number of homes on the market in San Francisco (i.e., listed inventory) ticked up another 8 percent over…
Pace of Home Sales in San Francisco Drops
Having slipped last month, representing an atypical decline in activity in the midst of the traditional spring buying/selling season and despite posturing that a jump in mortgage rates would spur…
Number of Homes for Sale in San Francisco Up, Sales Down
Having ticked back up to an 11-year seasonal high last week, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked up another 3…
Pending Home Sales Continue to Drop, Nationally and Locally
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…
Benchmark Mortgage Rate Over 50 Percent Higher YOY
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points (0.05 percentage points) over the past week to 4.72 percent, which is 159 basis points, or…
Pace of Home Sales in San Francisco Slips
The number of single-family homes and condos in contract across San Francisco slipped a percent over the past week, representing an atypical decline in activity in the midst of the…
Pending Home Sales Drop, “Fast-Changing Conditions” Ahead
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…
Pace of Home Sales in San Francisco Remains Down
As we outlined yesterday, the number of homes on the market in San Francisco has ticked up to a 10-year seasonal high, driven by a slowdown in the pace of…