Listing Activity Drops in San Francisco, Average Asking Price Down
Driven by a drop in new listing activity versus a spike in sales, the net number of single-family homes and condos on the market in San Francisco ticked down 2…
Fresh Prices Abound in San Francisco
As we outlined earlier this week, price reductions are on the rise in San Francisco. Or in euphemistic industry speak and marketing, “fresh prices” abound. Speaking of which, the “FRESH…
Austin, Do We Have Another Problem?
Purchased for $710,500 in December of 2017, the 442-square-foot, north-facing studio #207 in The Austin at 1545 Pine Street (“one of Van Ness & Civic Center’s most coveted developments”) briefly…
Benchmark Mortgage Rate Inches Down, Poised to Drop
Measured prior to yesterday’s affirmation by the Fed, the average rate for a benchmark 30-year mortgage inched down 4 basis points (0.04 percentage points) over the past week to 6.95…
The Fed Affirms, Again
As we outlined last month, based on an analysis of the futures market, the expected value of the Fed’s rate cuts over the next six months had dropped, with an…
Charming Cow Hollow Condo Reduced, Listed at a Loss
Purchased for $725,000 in October of 2004, the charming two-bedroom Cow Hollow condo at 2286 Filbert Street resold for $855,000 in March of 2007, up 17.9 percent despite the “short-term…
Contemporary Noe Condo Reduced, Listed at a Loss
Speaking of price reductions being on the rise in San Francisco, despite reports of a “surging market,” the list price for the contemporary three-bedroom Noe Valley condo at 170 Clipper…
Number of Homes on the Market in S.F. Still Ticking Up
Driven by a slowdown in the pace of sales, despite misreports to the contrary, the net number of single-family homes and condos on the market across San Francisco ticked up…
Apples-to-Apples-to-Index in Central SoMa
Purchased for $640,000 or roughly $940 per square foot in mid-2013, the 618-square-foot, one-bedroom unit #738 in The Palms at 555 4th Street, a quiet interior unit that now benefits…
Price Reductions on the Rise in San Francisco
With the expectation gap between the list price per square foot of the homes on the market in San Francisco and the price per square foot of the homes for…