Articles Filed Under: Trends

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Indexes for Bay Area Home Values Inch Up

Indexes for Bay Area Home Values Inch Up

Having slipped 0.1 percent in August, 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 – inched up 0.5 percent in September while the index for Bay Area condos inched up 0.2 percent.... Read More »

New U.S. Home Sales Above Average, Inventory at an 8-Year High

New U.S. Home Sales Above Average, Inventory at an 8-Year High

Having jumped a downwardly revised 13.2 percent in September, the seasonally adjusted rate of new single-family home sales in the U.S. increased 6.2 percent in October to an annual rate of 685,000 sales which is 18.7 percent above the pace at the same time last year. The October pace... Read More »

Housing Pipeline Holds as Construction Rises in San Francisco

Housing Pipeline Holds as Construction Rises in San Francisco

With new proposals having been submitted to the City for roughly the same number of residential units that finished construction in the second quarter of the year, the overall pipeline of apartments and condos under development in San Francisco is holding around 63,500 having peaked at 63,700 in the... Read More »

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

With sales offices for two new developments in San Francisco having opened their doors last month, the number of purchase contracts signed for new construction condos in the city increased from 39 in September to 55 October, versus having tripled, on average, from September to October over the previous... Read More »

Pace of Existing U.S. Home Sales and Median Price Tick Up

Having inched up a downwardly revised 0.4 percent in September, the pace of existing-home sales in the U.S. ticked up 2.0 percent in October to a seasonally adjusted annual rate of 5.48 million transactions but remains 0.9 percent lower versus the same time last year. And having slipped 3.3... Read More »

San Francisco and Bay Area Employment Slip from Record Highs

San Francisco and Bay Area Employment Slip from Record Highs

Having hit a downwardly revised record of 555,000 in September, the number of people living in the city of San Francisco with a job slipped by 1,800 in October to 553,200. But with the labor force having dropped by 3,300 to 568,500, the unemployment rate actually dropped to 2.7... Read More »

Mortgage Rates Tick Up, Odds of a Rate Hike Holding at 100 Percent

Mortgage Rates Tick Up, Odds of a Rate Hike Holding at 100 Percent

The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.95 percent, which is the highest rate in nearly four months, within 1 basis point of the 3.96 percent rate in place at the same time last year, and 54 basis... Read More »

Noe Valley View Home Fails to Fetch 2015-Era Price

Noe Valley View Home Fails to Fetch 2015-Era Price

Newly built on a wide Noe Valley view lot which was purchased for $1.185 million in May of 2015, the contemporary 3,675-square-foot home at 1644 Diamond Street hit the market this past March priced at $3.895 million or roughly $1,060 per square foot. Reduced to $3.695 million in April,... Read More »

Plans to Raze an $11 Million Fixer for a Fashionable Mansion to Rise

Plans to Raze an $11 Million Fixer for a Fashionable Mansion to Rise

Purchased as an oceanfront “fixer” for $11 million in April of 2015, plans to demolish the existing 4,600-square-foot home at 178 Sea Cliff Avenue are in the works. And as envisioned, a modern 10,400-square-foot mansion, which includes a 2,000-square-foot basement garage, will rise up to 30 feet in height... Read More »

How Much Gas Does a Gas Station Pump in San Francisco? (ANSWERED)

How Much Gas Does a Gas Station Pump in San Francisco? (ANSWERED)

With plans for a 177-unit development to rise on the Divisadero Touchless Carwash and Roy’s Shell station site at the corner of Divisadero and Oak moving forward, and building on a larger trend, it’s time to see if perceptions match reality with respect to demand for gas and car... Read More »