Articles Filed Under: Trends

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Inventory of Homes for Sale in SF and Trend of Those in Contract

Inventory of Homes for Sale in SF and Trend of Those in Contract

While the number of homes listed for sale in San Francisco has ticked down 16 percent since the middle of July with typical seasonality in play, there are 3 percent more homes on the market right now (555) than there were at the same time last year (540) and... Read More »

East Bay Office Market Lull

East Bay Office Market Lull

While still below average, the vacancy rate for East Bay office space has ticked up from 8.2 percent at the beginning of the year to over 9 percent today, including an uptick in the vacancy rate for existing office space in Oakland’s Central Business District (from 6.6 percent to... Read More »

More Homes for Sale in SF versus Same Time Last Year

While the number of homes on the market in San Francisco has ticked down 12 percent since the middle of July, as is typical for this time of the year, there are actually 5 percent more homes on the market right now (575) than there were at the same... Read More »

Mortgage Rates Tick Up, Short-Term Rate Hits Eight-Year High

Mortgage Rates Tick Up, Short-Term Rate Hits Eight-Year High

The average rate for a benchmark 30-year mortgage has ticked 8 basis points over the past two weeks to 4.60 percent, which is 67 basis points higher on a year-over-year basis and within 6 basis points of its seven-year high of 4.66 percent which it hit in May, according... Read More »

Index for Bay Area Home Values Ticks Up, Led by the Middle Again

Index for Bay Area Home Values Ticks Up, Led by the Middle Again

Having ticked up a percent in April, 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 up another 1.1 percent in May to a new record high and is now running... Read More »

Pending Home Sales in the U.S. Inch up while Inventory Climbs

Pending Home Sales in the U.S. Inch up while Inventory Climbs

Having slipped 0.5 percent in May, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.9 percent in June to 106.9 but remains 2.5 percent lower on a year-over-year basis and 4.8 percent below last year’s high of... Read More »

Median Price Holds but Bay Area Home Sales Drop to a 4-Year Low

Median Price Holds but Bay Area Home Sales Drop to a 4-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 8,337 in June, a 9.2 percent drop in sales on a year-over-year basis and a 4-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 593 last... Read More »

Pace of New Home Sales in the U.S. Slips, Inventory Hits 9-Year High

Pace of New Home Sales in the U.S. Slips, Inventory Hits 9-Year High

Having rebounded a downwardly revised 3.9 percent in May, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.3 percent in June to an annual pace of 631,000 sales, which is 2.5 percent below the long-term average for this time of the year but remains... Read More »

Rents in San Francisco Hold, Tick Up in Oakland

Rents in San Francisco Hold, Tick Up in Oakland

Having slipped a nominal 0.3 percent over the past month, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as those in larger developments, is now running around $4,230 a month, which is 0.6 percent higher than at the same time last... Read More »

Pace of Existing Home Sales in the U.S. Drops, Inventory Increases

Having slipped an upwardly revised 0.7 percent in May, the pace of existing-home sales across the U.S. dropped another 0.6 percent in June to a seasonally adjusted annual rate of 5.38 million sales which is 2.2 percent lower versus the same time last year. At the same time, the... Read More »