Articles Recently Tagged: Pending Home Sales

(126 posts)
Number of Homes for Sale in San Francisco Has Likely Peaked

Number of Homes for Sale in San Francisco Has Likely Peaked

Having hit an 8-year high last month, the number of homes on the market in San Francisco has since ticked up another 5 percent to 1,030, which is 6 percent higher than at the same time last year. While the year-over-year gain in inventory levels is still being driven... Read More »

Pending Home Sales Activity in San Francisco Inches Up

While the number of homes that have traded hands in San Francisco since the start of the year is currently running at an eight-year low, pending sales activity in the city has just inched up on a year-over-year basis for the first time in five months. When we say... Read More »

Home Sales in San Francisco Remain at an 8-Year Low

With August home sales in San Francisco down 9.0 percent versus the same time last year, sales through the first eight months of 2019 totaled just under 3,600, which was down 7.5 percent versus 2018 and another 8-year low, despite a significant drop in mortgage rates since the fourth... Read More »

Unlike in San Francisco, Pending Home Sales in the U.S. Tick Up

Unlike in San Francisco, Pending Home Sales in the U.S. Tick Up

Having dipped 2.5 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 1.6 percent in August to 107.3 and the pace of contract signings is now up 2.5 percent on a year-over-year basis but remains... Read More »

Pace of Home Sales in San Francisco Is Still Down

While the number of homes listed for sale in San Francisco hit an 8-year high this week, the pace of home sales in the city is still down, both in terms of year-to-date sales and recent contract activity (which remains down around 10 percent versus the same time last... Read More »

Mortgage Rates Jump

Mortgage Rates Jump

Having started to inch up last week, the average rate for a 30-year mortgage has since jumped another 17 basis to 3.73 percent but remains 92 basis points below its mark at the same time last year and within 32 basis points of a three/six-year low. At the same... Read More »

Home Sales Activity in San Francisco Remains Down

While the number of homes listed for sale in San Francisco just hit an 8-year seasonal high, pending home sales activity in the city remains down. In fact, despite a significant drop in mortgage rates over the same period of time, and both the DJIA and S&P 500 currently... Read More »

Mortgage Rates Inch Up

Mortgage Rates Inch Up

While the average rate for a 30-year mortgage inched up 7 basis points over the past week to 3.56 percent, it remains within 15 basis points of a three/six-year low and down 138 basis points (1.38 percentage points or roughly 28 percent) since the fourth quarter of last year.... Read More »

Pending Home Sales in San Francisco Are Really Down

As we noted last week, the year-to-date pace of completed home sales in San Francisco is currently running at an 8-year low. And in addition to being down over 10 percent versus the same time last year, despite a significant drop in mortgage rates over the same period of... Read More »

Home Sales in San Francisco Remain at an 8-Year Low

With July home sales in San Francisco having slipped on a year-over-year basis, sales through the first seven months of 2019 now total a little under 3,200, which is down a little over 7 percent versus 2018 and remains at an 8-year low, despite a significant drop in mortgage... Read More »