Articles Filed Under: Trends

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Inventory of Homes for Sale in San Francisco Jumps

In a move which shouldn’t catch any plugged-in readers by surprise, the number of homes actively listed for sale in the San Francisco (765) jumped 39 percent over the past two weeks and is now running 9 percent higher versus the same time last year (700) and 25 percent... Read More »

Mortgage Rates Inch Up, Probability of a Rate Hike Hits 100 Percent

Mortgage Rates Inch Up, Probability of a Rate Hike Hits 100 Percent

The average rate for a benchmark 30-year mortgage inched up 2 basis points over the past week to 4.54 percent, which is 76 basis points above its average rate of 3.88 percent at same time last year and within 12 basis points of its seven-year high (4.66 percent) which... Read More »

Where They’re Building in San Francisco

Where They’re Building in San Francisco

As we reported earlier this week, there are now nearly 70,000 units of housing in San Francisco’s overall pipeline of development, which includes all units which are under construction, permitted to break ground, entitled to be built or simply proposed. And as newly mapped below, said pipeline includes 7,100... Read More »

Record Pipeline of Development in San Francisco Continues to Grow

Record Pipeline of Development in San Francisco Continues to Grow

With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units that recently finished up construction for the third quarter in a row, the overall pipeline of apartments and condos under development in San Francisco increased by 1,800 in... Read More »

Bay Area Home Sales Slip to a 7-Year Seasonal Low

Bay Area Home Sales Slip to a 7-Year Seasonal Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,547 in July, slipping 0.3 percent on a year-over-year basis to a 7-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 482 in July, down an... Read More »

Sub-2015 Pricing for a Coveted One-Bedroom

Sub-2015 Pricing for a Coveted One-Bedroom

Purchased for $925,000 in September of 2013, 338 Spear Street #26G, a 807-square-foot, one-bedroom “with a coveted floor plan” at the Infinity resold for $1,175,000 in June of 2015, which was $20,000 under asking and roughly $1,481 per square foot. The 2015-era sale represented total appreciation of 27 percent,... Read More »

Benchmark Mortgage Rate Hovering Around 4.5 Percent

Benchmark Mortgage Rate Hovering Around 4.5 Percent

Having bounced around a narrow 15 basis point band over the past four months, the average rate for a benchmark 30-year mortgage has been hovering around 4.5 percent over the past couple of weeks, which is 70 basis points above its 3.82 percent average rate at same time last... Read More »

Pending Home Sales in the U.S. Slip

Pending Home Sales in the U.S. Slip

Having inched up 0.9 in June, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, slipped 0.7 percent in July to 106.2 and is now running 2.3 percent lower on a year-over-year basis and 5.4 percent below last year’s high... Read More »

Exceptional Cow Hollow Home in Contract

Exceptional Cow Hollow Home in Contract

Purchased for $7.525 million, or roughly $1,597 per square foot in the fourth quarter of 2016, the contemporary Cow Hollow home with “a huge North Facing backyard drenched in sun” at 2764 Greenwich Street returned to the market this past January priced at $8.995 million, a sale at which... Read More »

Index for Bay Area Home Values Inches Up, NY Slips, Vegas Jumps

Index for Bay Area Home Values Inches Up, NY Slips, Vegas Jumps

Having ticked up 1.1 percent in May, 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 June to an all-time high and is running 10.7 percent higher... Read More »