Bay Area Home Sales Remain at a 7-Year Low
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,659 in August, down 9.9 percent on a year-over-year basis and another 7-year seasonal…
Benchmark Mortgage Rate Rises to New Seven-Year High
The average rate for a benchmark 30-year mortgage jumped another 7 basis points over the past week to 4.72 percent, which is 89 basis points above its mark at the…
Pending Home Sales in the U.S. Drop
Having slipped 0.7 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.8 percent in August to…
Second Cracked Beam Found in New Salesforce Transit Center
Having discovered a second, adjacent, cracked beam in the new Salesforce Transit Center, the center will remain closed for “at least another week” as inspections continue and engineers attempt to…
The Fed Raises Rates, Signals Another Hike in 2018
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for another quarter-point…
Apples To Apples
Design & Architecture
Listings (for sale)
RealRecentReductions
San Jose (And South)
Palo Alto Prestige Now Listed for $1.5 Million Less
Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home which sits on a “prestigious Crescent Park” parcel at 1117 Hamilton Street returned to the market listed…
Pace of New U.S. Home Sales Ticks Up, Inventory at a 9-Year High
Having slipped a downwardly revised 1.6 percent in July, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 3.5 percent in August to an annual…
Fissure Forces Closure of New Salesforce Transit Center
A newly discovered fissure in at least one of the steel beams which supports the roof and 5.4-acre park atop the new Salesforce Transit Center has resulted in an emergency…
Index for Bay Area Home Values Inches Up, Condos Slip
The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.6 percent…
Proposed Development in San Francisco Tracking a Seven-Year Low
Having peaked at 116 in 2014, the number of newly proposed plans for major developments in San Francisco has been trending down ever since, a trend which shouldn’t catch any…