Year-end data is in: San Francisco posted a whopping 1,730 Canceled residential listings in 2023, according to SFAR MLS. While that figure is well below the highest in recent decades (it reached 2,690 in 2010, and was 2,000+ in 2006-2011, 2020 and 2022), it evidences a meager appetite for homes amidst elevated mortgage interest rates, regional...
It’s been nearly two years since the benchmark 30-year fixed mortgage interest rate began climbing from the low 3% range, and there is a growing consensus that relief is on the way — finally. In fact, rates have declined each of the last three weeks according to Freddie Mac's Primary Mortgage Market Survey, dipping to 7.44% as of last measure....
We've scoured decades of broker-reported listings and known private transactions to create the most accurate record of San Francisco's highest-price homes. Our ranking below represents only the top...
San Francisco seems to be grabbing all the headlines recently — for homelessness and crime (nothing new), for whatever societal ill du jour that talking heads fancy, and for its less-than-thriving...
As the one year anniversary of the first aggressive inflation-fighting interest rate hike approaches, local and national media alike have taken to sensationalizing San Francisco's real estate woes....
Now that Super Bowl Sunday has come and gone, San Francisco's springtime home selling season is officially here — assuming that traditional start date means anything in these unusual times. Word on...
Without going too deep into the trends that defined San Francisco's real estate market in 2022, it suffices to say the year was a pivotal one. Despite major increases in the number of listings...
No event defined the real estate market in 2022 more than skyrocketing mortgage interest rates. Following the Fed's rate hike in March — the first in more than three years — an unprecedented four...
Desperate times call for desperate measures. It has been a tough year for just about anyone trying to unload property in San Francisco, especially these past six months with the doubling of interest...
Having begun the year at 3.22 percent, Freddie Mac's benchmark 30-year fixed interest rate has more than doubled — and the anguish of home buyers is palpable. Those who attempted to time their...
Next month marks one year since the spacious townhome at 1360 Stevenson Street was making its rounds on the market with a $1,499,000 transparent price. It would take an investment in new interior...
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