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…
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…
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…
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…
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…
Pending Home Sales in the US Drop
Despite mortgage rates having dropped to a near three-year low, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 2.5…
Number of Homes for Sale in SF Is About to Jump
With a typical seasonal nadir now a week away, the number of homes listed for sale in San Francisco has ticked down to 530, which is 4 percent fewer than…
Number of Homes for Sale in SF Is Nearing Its Summertime Nadir
With the market’s summertime nadir two weeks away, the number of homes actively listed for sale in San Francisco has dropped to 540, which is 3 percent fewer than at…
Fewest San Francisco Home Sales Since 2011
The number of San Francisco homes that sold in the first half of this year totaled a little under 2,700. That’s down a little over 8 percent versus the roughly…
Pending Home Sales in the US Tick Up
Having ticked up 1.1 percent in May, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, gained 2.8 percent in June…