Home Sales in San Francisco Rebounding but Still Down
Having hit its pandemic driven nadir at the end of last month, when there were nearly 50 percent fewer pending home sales in San Francisco than at the same time…
Nearly 50 Percent More Homes on the Market in San Francisco
Having jumped to a 9-year seasonal high last week, the number of homes on the market in San Francisco has since ticked up another 5 percent to 870, representing 45…
Number of Homes on the Market in San Francisco Jumps
Driven by a dramatic slowdown in sales while listing activity has since rebounded, the number of homes on the market in San Francisco has jumped 35 percent over the past…
Mortgage Rates Holding Near All-Time Lows
While the average rate for a benchmark 30-year mortgage has inched up 5 basis points (0.05 percentage points) over the past two weeks to 3.28 percent, it’s effectively holding around…
Drop in Home Sales Driving Inventory Levels Up
In a move which shouldn’t catch any plugged-in readers by surprise, there are now more homes on the market in San Francisco than there were at the same time last…
Inventory Levels Poised to Jump in San Francisco
While the number of homes listed for sale in San Francisco plummeted at the end of March, following the issuance of San Francisco’s original stay-at-home order, inventory levels were already…
Home Purchase Activity Ticks Up, Refinancing Activity Slips
With the benchmark mortgage rate having dropped to an all-time low of 3.23 percent last week, mortgage application volume in the U.S. inched up 1.0 percent over the past week,…
Inventory Levels Up Another 11 Percent in San Francisco
With pending home sales in San Francisco down nearly 50 percent on a year-over-year basis, the number of homes listed for sale in the city has ticked up another 11…
Benchmark Mortgage Rate Drops to an All-Time Low
Having inched up last week, the average rate for a benchmark 30-year mortgage has since dropped 10 basis points (0.10 percentage points) and now measures 3.23 percent, which 91 basis…
Pending Home Sales Activity in the U.S. Drops Over 20 Percent
Having ticked up 2.4 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, dropped…