Number of Homes on the Market in SF Ticks Up (and Down)
With listing activity having hit a nine-month high in San Francisco following the holiday weekend, and sales activity in the city having ticked down another 3 percent, the number of…
Pending Home Sales Drop to a 4-Month Low in San Francisco
While the number of homes on the market in San Francisco has ticked up to a six-month high, the number of properties in contract across the city (i.e., pending home…
Pending Home Sales Rebounded 8 Percent in May, But…
Having dropped 4.4 percent in April to 106.2, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity,…
Pending Home Sales in the U.S. Drop
As we noted last month, with mortgage application volumes across the nation having declined, the National Association of Realtors Pending Home Sales Index was poised to drop despite having ticked…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched up to 3.00 percent last week, the average rate for a benchmark 30-year mortgage has since inched back down 5 basis points (0.05 percentage points) to 2.95 percent,…
Pace of Sales Slows, Inventory Levels Tick Up in San Francisco
With the number of single-family homes and condos that were newly listed for sale in San Francisco having outpaced the number of new purchase contracts that were written over the…
Pace of Home Sales in S.F. Slows, Pending List Price Down
The net number of single-family homes and condos in contract across San Francisco dropped around 6 percent over the past week, representing the second straight week-over-week decline at a time…
Pending Home Sales in the U.S. Ticked Up in March, but…
Having dropped over 10 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…
Pace of Home Sales Slows in S.F. But Still Elevated
With around 800 homes in contract across San Francisco, sales activity is not only up over 200 percent on a year-over-year basis, but around 60 percent higher than at the…
Mortgage Rates Drop
Having inched down 5 basis points last week, the average rate for a benchmark 30-year mortgage has since dropped another 9 basis points to 3.04 percent, which is 27 basis…