Benchmark Mortgage Rate Nearing an Unprecedented Mark
The average rate for a benchmark 30-year mortgage dropped another 6 basis points (0.06 percentage points) over the past week to 3.07 percent. That’s a new all-time low for the…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The average rate for a benchmark 30-year mortgage dropped another 6 basis points (0.06 percentage points) over the past week to 3.07 percent. That’s a new all-time low for the…
Having ticked up an upwardly revised 2.1 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
The number of homes on the market in San Francisco, net of new sales, continues to climb and just crossed the 1,200 mark for the first time in 9-years. In…
For the first time since San Francisco’s stay-at-home order was issued in March, the number of homes in contract to be sold is effectively even on a year-over-year basis. That…
Following two months of twenty-plus percent declines, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, rounded…
Having climbed to over 57,500 in April, the number of San Francisco residents that filed a new/initial unemployment claim dropped to 24,243 in May. That being said, the number of…
The weighted average asking rent for an apartment in San Francisco has now dropped to $3,825 a month. While that’s not exactly cheap, it’s nearly 7 percent ($275) cheaper than…
The percentage of homes on the market in San Francisco which have undergone at least one official price reduction is currently running around 21 percent, which is six (6) percentage…
Having plummeted nearly 18 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 9.7 percent in May to an annual rate of just 3.91…
Having hit a 9-year high in the absolute last week, the number of homes on the market in San Francisco has continued to climb and now totals 1,140, representing 60…