New Home Purchase Activity Up, Average Loan Size Down
Mortgage loan application volume for new homes across the U.S. ticked down 5 percent from May to June with typical seasonality in play but was 26 percent higher than at…
Benchmark Mortgage Rate Drops, Hike Priced In
Having jumped 15 basis points (0.15 percentage point) to within 12 basis points of its 21-year high last week, the average rate for a benchmark 30-year mortgage dropped 18 basis…
Pace of Home Sales in San Francisco Down 30 Percent YOY
The pace of home sales in San Francisco, which had ticked up in May, has since dropped on both an absolute and seasonally adjusted basis, with around 30 percent fewer…
Asking Rents for East Bay Office Space on the Decline
The office vacancy rate in the East Bay, not including Walnut Creek or further east nor life science/lab space, inched up 60 basis points in the second quarter of this…
Homebuying Activity Slips, Down 21 Percent YOY
The number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped a (1) percent on a seasonally adjusted basis over the past week,…
Number of Homes on the Market Ticks Up, List Prices Down
The net number of single-family homes and condos on the market in San Francisco ticked up 3 percent over the past week. While still down around 20 percent on a…
Enough Empty Office Space for Nearly 180,000 People in S.F.
As we outlined last week, the amount of vacant office space in San Francisco has ticked over 23 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and…
Another 2 Million Square Feet of Vacant Office Space in San Francisco
The effective office vacancy rate in San Francisco ticked over 27 percent in the second quarter of this year, representing over 23 million square feet of vacant office space spread…
Anchor’s San Francisco Acreage
Established in 1896 when German brewer Ernst F. Baruth and his son-in-law bought the American brewery, which was founded at the base of Russian Hill by another German brewer in…
Limp Mode Engaged
A hosting change resulted in a few unexpected site errors over the past week, disabling the ability for readers to comment and generally wreaking havoc on the rendering of the…