Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)
Having dropped to its lowest level in 28 years earlier this month, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped…
Benchmark Mortgage Rate Back Below Average at 7.5 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had only inched down 3 basis points to 7.76 percent, according to Freddie Mac and headlines…
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Fully-Approved Development Listed at Loss Reduced, Again
As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…
Only 40 Percent More Homes on the Market in S.F. Than Usual
While it appears our projection as to when listed inventory levels would peak in San Francisco was off by a couple of hours, the net number of single-family homes and…
Purchase Mortgage Activity Drops to a Lower 28-Year Low
Already down over 50 percent over the past two years to a 28-year low, the number of applications to secure a purchase mortgage loan for an existing home in the…
Inventory Levels in S.F. Have Peaked, Reductions on the Rise
As projected, the net number of single-family homes and condos on the market in San Francisco appears to have hit its annual peak, with 6 percent fewer homes on the…
Pending Home Sales in San Francisco Have Dropped 50 Percent
While “only down 17 percent” versus the same time last year, the net number of single-family homes and condos in contract to be sold across San Francisco is over 50…
Price Improvements Abound
With inventory levels ticking back up and the pace of sales having slowed, the percentage of homes on the market in San Francisco with an “asking price” that has been…
Pace of Home Sales in San Francisco Ticks Up, Still Down
The net number of homes on the market in San Francisco, including both condos and single-family homes, ticked up 10 percent over the past week but was still down 11…
Number of Homes on the Market in San Francisco Climbs
The net number of homes on the market in San Francisco, including both condos and single-family homes, ticked up another 8 percent over the past week and has climbed over…