Articles Filed Under: Real Estate Economics

(809 posts)
Mortgage Rate Drops to Nine-Month Low, Odds of a Hike Near Nil

Mortgage Rate Drops to Nine-Month Low, Odds of a Hike Near Nil

Having slipped below 4 percent four weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.72 percent over the past week as concern about a global slowdown remains and the resultant flight-to-quality continues to drive the 10-year Treasury yield down to its lowest point in nearly... Read More »

Employment in San Francisco Slips Again While East Bay Gains

Employment in San Francisco Slips Again While East Bay Gains

For the second month in a row, the number of people living in San Francisco with a job slipped. And while it was a nominal drop of a hundred, from 534,700 to 534,600, it was the first December without a gain since 2009 and versus an average December increase... Read More »

Benchmark Mortgage Rate Drops to Three-Month Low

Benchmark Mortgage Rate Drops to Three-Month Low

Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown grows and the resultant flight-to-quality continues to drive the 10-year Treasury yield down,” as we wrote a week ago... Read More »

Square Trading within Pennies of IPO Price, Twitter near All-Time Low

Square is currently trading at $9.16 per share, which is 16 cents (2 percent) above the deeply discounted price at which it went public and $3.91 (30 percent) below the $13.07 per share price at which it closed its first day of trading with underwriter support in place for... Read More »

Mortgage Rates Drop on Market Weakness

Mortgage Rates Drop on Market Weakness

Having slipped below 4 percent last week, the average rate for a benchmark 30-year mortgage has dropped another 5 basis points to 3.92 percent as concern about a global slowdown grows and the resultant flight-to-quality continues to drive the 10-year Treasury yield down. And with the markets roiled, the... Read More »

Venture Funding Plummets and a Local Near-Unicorn Is Quite Sick

Venture Funding Plummets and a Local Near-Unicorn Is Quite Sick

Venture funding plummeted 30 percent in the fourth quarter of 2015 and deal flow dropped 13 percent to its lowest level since the first quarter of 2013, according to CB Insights which also notes, “this not due to seasonality.” Speaking of plummeting, local startup One Kings Lane, which... Read More »

Benchmark Mortgage Rate Dips on China’s Market Chaos

Benchmark Mortgage Rate Dips on China’s Market Chaos

With China’s stock market rout rattling the markets near and far, and a subsequent flight to quality driving the 10-year Treasury yield down, the average rate for a benchmark 30-year mortgage slipped back below 4 percent over the past week. At 3.97 percent, the current 30-year rate is 24... Read More »

Oakland Tipped in 2015

Oakland Tipped in 2015

Near the end of 2014 we outlined why Oakland was at a tipping point with respect to demand for office space and growth. As we wrote at the time: “In San Francisco, the demand for office space is at an all-time high and office rents have increased 15 percent... Read More »

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up 5 basis points to an average rate of 4.01 percent on the last day of 2015. The current rate... Read More »

Benchmark Mortgage Rate Drops following First Rate Hike

Benchmark Mortgage Rate Drops following First Rate Hike

With the 10-year treasury yield trading down following the Fed’s first rate hike in nearly a decade, we were expecting the average 30-year mortgage rate to drop rather than rise. And over the past week, the average rate for the benchmark 30-year mortgage ticked down 1 basis point to... Read More »