Having dropped 2.4 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. fell another 3.4 percent in May to an annual rate of 5.41 million sales, representing the tenth straight month with a year-over-year decline in sales, the largest year-over-year decline (8.6 percent) since the... Read More »

Built on a quarter-acre, triple-wide-plus view lot that was purchased for $14 million in February of 2016, the newly constructed, 12,200-square-foot Cow Hollow mansion at 2582 Filbert Street, “Residence 2582,” hit the market priced at $46 million this past June. In addition to panoramic views, particularly from its roof... Read More »

Despite another misreport that’s now making the rounds, while the recent sale of the full-floor unit #6 in the iconic Alta Plaza Apartments building at 2500 Steiner Street was a record-setting price for a unit in the building at $15.5 million, or roughly $4,428 per square foot, it didn’t... Read More »

Having traded hands for $32 million, or nearly $6,000 per square foot, in a hush-hush deal back in 2015, the record-setting contract price for the 5,400-square-foot Penthouse (Unit #10) atop the überexclusive Pacific Heights building at 2006 Washington Street still stands, despite some misreports to the contrary. And as... Read More »

The average rate for a benchmark 30-year mortgage inched down 3 basis points (0.03 percentage points) over the past week to 2.77 percent, which is 11 basis points below its mark at the same time last year and within 12 basis points of the all-time low rate of 2.65... Read More »

While the average rate for a benchmark 30-year mortgage inched up 2 basis points (0.02 percentage points) over the past week to 2.80 percent, it remains 19 basis pointsd below its mark at the same time last year and within 15 basis points of its all-time low rate of... Read More »

While the average rate for a benchmark 30-year mortgage inched up one (1) basis point over the past week from an all-time low of 2.66 to 2.67 percent, it’s ending the year 105 basis points – or nearly 30 percent – lower than where it started, having recorded 15... Read More »

As we outlined in August of last year: Priced at $45 million , which was misreported by some as being “the most expensive home ever listed” in San Francisco, “Residence 950” at 950 Lombard Street – which now offers around 9,500 square feet of rather spectacular living... Read More »

Having held at a record-low rate of 2.71 percent last week, the average rate for a benchmark 30-year mortgage has since inched down another 4 basis points (0.04 percentage points) to 2.67 percent, which is over a full percentage point (107 basis points) lower than the historically-low rate of... Read More »

Having dropped to a new all-time low of 2.80 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched down another two (2) basis points to 2.78 percent, which is nearly a full percentage point, or 25 percent, lower than the average rate of... Read More »