Pace of Existing Home Sales in the U.S. Continues to Fall
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,…
New Cow Hollow Mansion Fetches a Record $32M
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,”…
Nearly $6,000 per Square Foot in Pac Heights, Six Years Ago
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 Pac Heights Penthouse on the Market for $45M
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…
Mortgage Rates Keep Inching Down, Another Record Low
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…
15-Year Mortgage Rate Drops to a New All-Time Low
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…
Benchmark Mortgage Rate Dropped Nearly 30 Percent This Year
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 “Most Expensive Home in San Francisco” Sold for Far Less
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…
Yes, Mortgage Rates Just Dropped to New All-Time Lows (Again)
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)…
Benchmark Mortgage Rate Slips Under 2.8 Percent
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…