Timing for Hundreds of Approved Units Pushed Back, Again
As we outlined back in 2019: Speaking of previously approved projects that have yet to break ground, the entitlements for the 230-unit development to rise at 667 Folsom Street are…
Contemporary Two-Bedroom Trades Down 10% (From 2017)
As we outlined earlier this year, the “luxurious, high-style corner unit” #405 at 1450 Franklin Street, a 1,325-square-foot, two-bedroom, two-bath unit with two private decks, storage and parking in the…
Home Buying Activity Continues to Drop
Having dropped to a 28-year low last week, the volume of applications to secure a purchase mortgage loan for a home in the U.S. has since ticked down another 3…
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Index for Bay Area Homes Has Dropped 16%, Trending Down
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 – ticked down another 1.8…
Number of Homes for Sale in San Francisco Keeps Ticking Up
Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past two weeks, driven by sellers either being unable or unwilling…
Pending Home Sales in San Francisco Down Over 40 Percent
At a time of the year when home sales typically start ramping up, the net number of homes in contract to be sold across San Francisco was unchanged over the…
Pace of New Home Sales Ticks Up, Median Price Drops
The seasonally adjusted pace of new single-family home sales in the U.S. ticked up 7.2 percent last month to an annualized rate of 670,000 sales but was still down 19.4…
Benchmark Mortgage Rate Hits 6.5 Percent, Poised to Rise
The average rate for a benchmark 30-year mortgage ticked up another 18 basis points (0.18 percentage points) over the past week to 6.50 percent, which is 261 basis points, or…
Drawing a Line at Linea
Featuring “an ideal floor plan with bedrooms on opposite sides of the living space, tons of closet space, a contemporary kitchen with high-end European-style cabinetry, stainless steel appliances with a…
Home Buying Activity Drops to a 28-Year Low
While home buying activity typically starts ticking up in February, the volume of applications to secure a purchase mortgage loan for a home in the U.S. dropped 18 percent on…