Articles Filed Under: Trends

(2,183 posts)
Regal SF Residence Fetches 6 Percent over its Early 2014 Price

Regal SF Residence Fetches 6 Percent over its Early 2014 Price

As we first reported near the end of 2017: When the hedge fund manager who lives in the 4,400-square-foot Presidio Heights home at the corner of Walnut and Jackson learned that the home next door at 3311 Jackson, a smaller 3,000-square-foot home which had been in the same family... Read More »

Penthouse BLUs, Take Two (And Three)

Penthouse BLUs, Take Two (And Three)

Purchased for $2.4 million in the third quarter of 2012, the 2,285-square-foot Penthouse Unit C (PHC) atop BLU at 631 Folsom Street has just resold for $2.89 million, representing total appreciation of 20.4 percent over the past six years on a straight-line basis. Missing from that two point timeline,... Read More »

Decline in Pace of Home Sales in the U.S. Accelerates

Decline in Pace of Home Sales in the U.S. Accelerates

The seasonally adjusted pace of existing-home sales across the U.S. dropped 6.4 percent at the end of 2018 to an annual rate of 4.99 million sales, which is 10.3 percent lower versus the same time last year according to the National Association of Realtors, down from 7.0 percent lower... Read More »

Benchmark Mortgage Rate Levels Off, Probability of a Hike Drops

Benchmark Mortgage Rate Levels Off, Probability of a Hike Drops

Having dropped to a 9-month low two weeks ago, the average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, has been holding at 4.45 percent, which is 30 basis points above its mark at the same time last year, according... Read More »

Home Sales off to a Slow Start in San Francisco

Despite having more homes on the market in San Francisco, with inventory levels running an average of 50 percent higher on a year-over-year basis over the past two months, pending sales in the city remain down entering the new year. And if the current trend hold through the end... Read More »

2018 Ended with Bay Area Employment at a Record High

2018 Ended with Bay Area Employment at a Record High

The number of people living in San Francisco with a job ticked up by 2,000 in December to a record 572,800, roughly matching the December increase in the labor force (1,900) which held the unemployment rate in the city, which hit a record low of 2.1 percent this past... Read More »

Inventory of Homes for Sale in SF Trending Up in 2019, Sales Down

Inventory of Homes for Sale in SF Trending Up in 2019, Sales Down

Having ended 2018 with around 36 percent more homes on the market in San Francisco than there were at the end of 2017, which is right in line with the ongoing trend that we’ve been tracking over the past couple of years, the number of homes listed for sale... Read More »

Office Rents in San Francisco Ended 2018 at a Record High

Office Rents in San Francisco Ended 2018 at a Record High

Driven in part by the delivery of a record 3.7 million square feet of shiny new office space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up 1.1 percent in the fourth quarter of 2018 to... Read More »

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Having shed 6 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 4.45 percent, which is 49 basis points below the 7-year high of 4.94 percent it hit this past November and a 9-month low but still 46 basis points above... Read More »

Newly Proposed Development Hit a 7-Year Low in SF Last Year

Newly Proposed Development Hit a 7-Year Low in SF Last Year

Having peaked at 116 in 2014, the number of newly proposed plans for major developments in San Francisco has been trending down ever since, a trend which shouldn’t catch any plugged-in readers by surprise. And with 20 preliminary proposals for major projects in the city having been submitted to... Read More »