Number of Homes for Sale in San Francisco Ticks Up
With the number of single-family homes and condos that were newly listed for sale in San Francisco over the past week having outpaced the number of new purchase contracts that…
Over 320,000 Bay Area Jobs Have Been Recovered, But…
Having dropped in January, the number of people living in San Francisco with a paycheck increased by 7,100 in February to 510,200, which is 31,500 more employed people than there…
Apples To Apples
Industry Stuff
Neighborhoods
Real Estate Economics
Remodeling and Renovation
Trends
Officially 20 Percent “Over Asking!” in the Bayview
Renovated in 2017, incorporating original detailing while opening up the main floor, “to accommodate today’s living needs,” the 2,112-square-foot, four-bedroom Bayview home with a garage at 1343 Palou Avenue was…
Apples-to-Apples for a Modern Two-Bedroom
Purchased for $1.05 million in December of 2017, the two-bedroom, two-bath unit #504 in the Rowan building at 338 Potrero, which “exemplifies modern living,” returned to the market priced at…
Benchmark Mortgage Rate Nearing a 10-Month High
The average rate for a benchmark 30-year mortgage, which inched over 3 percent for the first time since last July earlier this month, inched up another 8 basis points (0.08…
Corona Heights Castle, Cleaned Up and Flipped
Purchased in a state of disrepair, with “years of deferred maintenance,” for $1.11 million in March of last year, the three-bedroom, one-bath Corona Heights “Castle” at 253 States Street has…
Refinancing Activity Hits a 6-Month Low
With refinancing activity having dropped to a six-month low, and currently down 13 percent on a year-over-year basis, versus 100 percent higher just two months ago, mortgage loan application volumes…
Muted Appreciation for the Ghirardelli Mansion
Purchased for $4 million in late 2012, the 6,500-square-foot Piedmont mansion at 636 Highland Avenue, which was built for the Ghirardelli family in the early 1900’s, resold for $4.65 million…
Pace of New Home Sales in the U.S. Drops Over 18 Percent
Having ticked up 3.2 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 18.2 percent last month to an annualized rate of 775,000…
Pace of Home Resales in the U.S. Takes a Real Hit
Having inched up in January, the seasonally adjusted pace of existing-home sales across the U.S. dropped 6.6 percent last month to an annual rate of 6.22 million sales, which is…