Articles Filed Under: Trends

(2,117 posts)
Bigger Cut for Approved Development in the Trendyloin

Bigger Cut for Approved Development in the Trendyloin

As we reported last year: Purchased as an un-entitled Tenderloin parcel for $1.6 million three years ago, plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City . Two months later, the now “Fully... Read More »

Pending Home Sales in San Francisco are Down

While the inventory of homes for listed for sale in San Francisco recently hit a 7-year high and is now running over 30 percent higher on a year-over-year basis, the number of homes in contract has actually fallen. And in fact, the number of pending home sales in San... Read More »

Benchmark Mortgage Rate Jumps, Nearing an Eight-Year High

Benchmark Mortgage Rate Jumps, Nearing an Eight-Year High

The average rate for a benchmark 30-year mortgage jumped 18 basis points over the past two weeks to 4.90 percent, which is now 99 basis points above its mark at the same time last year, the highest average rate since April of 2011 and within 15 basis points on... Read More »

Inventory of Homes for Sale in SF Increases, Price Cuts Rise as Well

Inventory of Homes for Sale in SF Increases, Price Cuts Rise as Well

Having hit a 7-year high in September, the number of homes actively listed for sale in the San Francisco ticked up another 6.6 percent over the past month to 950 and overall inventory levels are now running 30 percent higher on a year-over-year basis and 41 percent above their... Read More »

Inventory of Homes for Sale in San Francisco Ticks Up

Having hit a 7-year high last month, the number of homes listed for sale in San Francisco has ticked up another 6.6 percent over the past two weeks to 950, which is 29 percent higher on a year-over-year basis and 41 percent above its mark at the same time... Read More »

Bay Area Home Sales Remain at a 7-Year Low

Bay Area Home Sales Remain at a 7-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,659 in August, down 9.9 percent on a year-over-year basis and another 7-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 466 in August, down 4.3... Read More »

Benchmark Mortgage Rate Rises to New Seven-Year High

Benchmark Mortgage Rate Rises to New Seven-Year High

The average rate for a benchmark 30-year mortgage jumped another 7 basis points over the past week to 4.72 percent, which is 89 basis points above its mark at the same time last year and the highest average rate since April of 2011, according to Freddie Mac’s latest Mortgage... Read More »

Pending Home Sales in the U.S. Drop

Pending Home Sales in the U.S. Drop

Having slipped 0.7 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.8 percent in August to 104.2 and is now running 2.3 percent lower on a year-over-year basis and 7.2 percent below last year’s high... Read More »

The Fed Raises Rates, Signals Another Hike in 2018

As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for another quarter-point increase by the end of the year. The Fed dropped the benchmark rate a total of five (5) percentage... Read More »

Pace of New U.S. Home Sales Ticks Up, Inventory at a 9-Year High

Pace of New U.S. Home Sales Ticks Up, Inventory at a 9-Year High

Having slipped a downwardly revised 1.6 percent in July, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 3.5 percent in August to an annual pace of 629,000 sales which is 2.6 percent below the long-term average for this time of the year but... Read More »