Home Buying Activity Rebounds, Only Down 31 Percent YOY
With the average rate for a benchmark 30-year mortgage having ticked down to a 2-month low, the volume of applications to secure a purchase mortgage loan for a home in…
Inventory Levels Atypically Dip in San Francisco, But…
The net number of single-family homes and condos on the market in San Francisco ticked down 4 percent over the past week, versus typically ticking up by the same amount,…
Home Buying Activity Suddenly Drops Despite a Drop in Rates
Following four weeks of increasing activity, which is typical for this time of the year, the volume of applications to secure a purchase mortgage loan for a home in the…
Benchmark Mortgage Rate Ticks Down but Holding at Over 6%
The average rate for a benchmark 30-year mortgage ticked down 10 basis points (0.10 percentage points) over the past week to 6.32 percent. Or as we outlined last week, “the…
Home Buying Activity Inches Up, Only Down 35 Percent YOY
The volume of applications to secure a purchase mortgage loan for a home in the U.S. inched up 2 percent last week on both an absolute and seasonally adjusted basis,…
Inventory Ticks Up in San Francisco as Home Sales Decline
While the net number of homes on the market in San Francisco had been holding at a seasonally adjusted 10-year high, inventory levels ticked up 7 percent over the past…
Pending Home Sales in San Francisco Down Nearly 45 Percent
As we outlined yesterday, while the net number of homes on the market in San Francisco (i.e., inventory) is currently unchanged, month-over-month and year-over-year, it’s not due to a jump…
Number of Homes for Sale in S.F. Holds, Reductions Jump
While the net number of homes on the market in San Francisco has held over the past month and now year-over-year, it’s important to understand that the “holding pattern” is…
Buyers and Sellers are Squaring Off in San Francisco
While 35 percent fewer condos and single-family homes have been newly listed for sale over the past week and month than over the same periods of time last year, the…
Benchmark Mortgage Rate Ticks Back Over 6.7 Percent
Following a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 8 basis points (0.08 percentage points) over the…