Articles Recently Tagged: Pending Home Sales

(126 posts)

Number of Homes for Sale in SF Holds, Pending Sales Down

While effectively unchanged over the past week, as expected, the number of homes on the market in San Francisco (710) is now running roughly even with the same time last year. At the same time, pending sales activity in the city remains down and has been running an average... Read More »

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

While 17 percent higher than at the beginning of the month, the number of homes on the market in San Francisco is now holding at around 700, which is 37 percent higher than in June of 2015 but 3 percent lower than at the same time last year, with the... Read More »

Pace of Home Sales in San Francisco Drops

Down 6.9 percent on a year-over-year basis through the first four months of the year, marking the slowest start to the local market since 2010, home sales in San Francisco ticked up in April. But the pace of sales had already started to slow by early May. And pending... Read More »

Pace of Home Sales Is Still Down in San Francisco

With the April bump in activity, home sales in San Francisco are only down 6.9 percent on a year-over-year basis through the first four months of the year, marking the slowest start to the local market since 2010. At the same time, while the April bump started to form... Read More »

Pending Home Sales in the U.S. Drop

Pending Home Sales in the U.S. Drop

Having ticked up 3.8 percent in March, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.5 percent last month to 104.3 and is now running 2.0 percent lower on a year-over-year basis and 7.1 percent below a cyclical... Read More »

Benchmark Mortgage Rate Dips Under 4 Percent, Odds of Easing Up

Benchmark Mortgage Rate Dips Under 4 Percent, Odds of Easing Up

Having shed 7 basis points over the past week, the average rate for a 30-year mortgage now measures 3.99 percent, an average rate which is 57 basis points lower than at the same time last year and the first sub-four percent rate since January of 2018, according to Freddie... Read More »

Pace of Home Sales in San Francisco Drops, Inventory Inches Up

While home sales in San Francisco totaled a ten-year low in the first quarter of 2019, the pace of sales turned up at the end of March and April sales will show a year-over-year increase, trends which shouldn’t catch any plugged-in readers by surprise. That being said, the pace... Read More »

Number of Homes for Sale in SF Inches Up but Trend Turns Down

Number of Homes for Sale in SF Inches Up but Trend Turns Down

While the inventory of homes actively listed for sale in San Francisco inched up another 2 percent over the past week to 650, which is 38 percent higher than in mid-May of 2014, inventory levels are now running 7 percent lower than at the same time last year, which... Read More »

Pace of Home Sales in San Francisco Slips

Having started picked up steam in late March, the pace of home sales in San Francisco was running 8 percent higher on a year-over-year basis by the middle of April, as we first reported at the time. While the number of homes in contract is still running around 4... Read More »

Pending U.S. Home Sales Tick Up

Pending U.S. Home Sales Tick Up

Having slipped 1 percent in February, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 3.8 percent in March to 105.8 but remains 1.2 percent lower on a year-over-year basis and 5.8 percent below a cyclical high of... Read More »