The weighted average asking rent for an apartment in San Francisco ticked up a (1) percent over the past month to $3,330, representing the first uptick in eight months. That being said, the avera...
Having leapt back over 7 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up another 7 basis points (0.07 percentage points) to 7.17 percent, which is 74 basi...
https://socketsite.com/archives/2024/04/benchmark-mortgage-rate-continues-to-climb.html
Developed by JS Sullivan and completed in 2019, the one-bedroom unit #301 in the 42-unit building at 719 Larkin Street sold for $685,000 in September of 2019, establishing a building and neighbor...
Speaking of “over asking” sales in this “surging” market, the re-sale of the two-bedroom condo #219 at 99 Rausch has just closed escrow with a contract price of $885,000, which is officia...
Purchase mortgage application volume in the U.S. was effectively unchanged over the past week in the absolute but ticked down a (1) percent on a seasonally adjusted basis and was 15 percent lower...
Having dropped a downwardly revised 5.1 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 8.8 percent in March and was 8.3 percent higher tha...
https://socketsite.com/archives/2024/04/pace-of-new-home-sales-surges-but.html
The net number of single-family homes and condos on the market in San Francisco ticked up another 3 percent over the past week from a 13-year seasonal high, with 7 percent more homes on the marke...
While the net number of San Francisco residents with a job increased by 1,200 in March to 538,800, there were still over 16,000 fewer employed residents in the city than there were at the same ti...
https://socketsite.com/archives/2024/04/bay-area-employment-inches-up-to-early-2016-levels.html
As we first outlined earlier this year, the expected value of the Fed’s rate cuts in 2024 was on the decline, with our analysis suggesting fewer than half the number of cuts that some were bank...
https://socketsite.com/archives/2024/04/expected-value-of-rate-cuts-tumbles-again.html
With the list price for the 2,567-square-foot, corner unit #22D in the Four Seasons Hotel and Residences at 765 Market Street having been dropped to $3.395 million last month, an “at asking!”...
https://socketsite.com/archives/2024/04/big-price-cut-for-luxury-condo-already-listed-at-a-loss.html
The average rate for a benchmark 30 year mortgage jumped 22 basis points (0.22 percentage points) over the past week to 7.10 percent, which is 71 basis points higher than at the same time last ye...
https://socketsite.com/archives/2024/04/benchmark-mortgage-rate-back-above-7-percent.html
Positioned as “a great first time buyer opportunity OR second home for Pied-a-Terre purchaser,” the classic one-bedroom Marina District condo #1 at 1500 Francisco Street, which is NOT locate...
https://socketsite.com/archives/2024/04/price-cuts-for-a-classic-marina-condo.html
While mortgage application volume for new home purchases in the U.S. ticked up a (1) percent from January to February and was nearly 16 percent higher than at the same time last year, “the belo...
Having hit a 13-year seasonal high last month, the net number of single-family homes and condos on the market has since ticked up another 13 percent with new supply having outpaced demand, despit...
https://socketsite.com/archives/2024/04/number-of-homes-on-the-market-in-s-f-keeps-climbing.html
Purchased for $1.300 million in December of 2015, the “classic and beautifully updated” condo at 281 Clinton Park (“a quiet, tree-lined street in the heart of the Mission Dolores/Duboce Tri...