Articles Filed Under: Real Estate Economics

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Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

While slowed by the holiday weekend, the number of single-family homes and condos currently listed for sale in San Francisco ticked up to 510 over the past two weeks, which is 24 percent higher versus the same time last year and the highest post Presidents Day total since 2012... Read More »

The City’s Affordable Housing Recommendations and Dissent

The City’s Affordable Housing Recommendations and Dissent

Voters in San Francisco passed Proposition C last year, a ballot measure which effectively doubled the percentage of below market rate (BMR or “affordable”) units that developers of larger market rate projects would be required to provide on-site or fund elsewhere in the city. Prior to the vote, San... Read More »

Pipeline of Residential Development in San Francisco Slips

Pipeline of Residential Development in San Francisco Slips

With new proposals having been submitted to the City for roughly the same number of units that finished construction in the fourth quarter of 2016, the overall pipeline of apartments and condos under development in San Francisco has slipped by a hundred: from a record 63,700 in the third... Read More »

San Francisco Apartment Rents Back to 2014 Pricing

Having dropped 5.6 percent over the past year, and 7.9 percent since a peak in the fourth quarter of 2015, the weighted average asking rent for an apartment in San Francisco – including one-off rentals as well as units in larger developments – is currently running around $4,100 a... Read More »

Inventory of Homes for Sale in San Francisco Hits a 5-Year High

Inventory of Homes for Sale in San Francisco Hits a 5-Year High

While the overall number of homes listed for sale in San Francisco slipped a little over the past week, it was a smaller than average dip for the week leading up to the Super Bowl.  And the number of single-family homes and condos currently listed for sale in San... Read More »

S.F. and Oakland Rents Have Dropped 8 Percent

S.F. and Oakland Rents Have Dropped 8 Percent

According to a query of over 1,400 active listings for apartments in San Francisco and Oakland, including one-off rentals as well as units in larger developments, the weighted average asking rent for an apartment in San Francisco is currently running around $4,100 a month, which is 5.6 below the... Read More »

Mortgage Rates Move up along with the Odds of a June Hike

Mortgage Rates Move up along with the Odds of a June Hike

Ending a three-week slide, the average rate for a benchmark 30-year mortgage ticked up 10 basis points over the past week to 4.19 percent and is now running 40 basis points above the 3.79 rate in place at the same time last year but remains 11 basis points below... Read More »

Employment Drops in San Francisco and the East Bay

Employment Drops in San Francisco and the East Bay

While employment typically ticks up at the end of the year with seasonal hiring, the number of people living in San Francisco with a job dropped by 3,300 in December to 543,300, the first December dip since 2009. That being said, there are still 77,800 more people living in... Read More »

Will Millennials Tax Family Housing in SF or Flee with Kids in Tow?

Will Millennials Tax Family Housing in SF or Flee with Kids in Tow?

San Francisco has the lowest percentage of children of any major city in the United States, with only 18 percent of San Francisco households including a child under 19 years old versus a nationwide average of over 29 percent. But it’s not a new phenomenon. And 37 years ago... Read More »

Inventory of Homes for Sale in San Francisco Starts to Climb

Inventory of Homes for Sale in San Francisco Starts to Climb

Having increased by a hundred over the past week, the number of single-family homes and condos currently listed for sale in San Francisco now totals 401, which is 30 percent higher versus the same time last year and the highest mid-January total since 2013. At a more granular level,... Read More »