San Francisco Housing Market Update - November 2024
The Big Story Sellers are coming back to the market Quick Take: After the election of Donald J. Trump, bond prices increased in anticipation of his inflationary policy positions. Interest rates are the most significant factor financially in purchasing a home for most buyers, and as we’ve seen over
San Francisco Housing Market Update - October 2024
The Big Story Sellers are coming back to the market Quick Take: Affordability improved dramatically in Q3 2024 with the monthly mortgage payment for a 30-year loan down 10%. Prices are contracting slightly, which is the seasonal norm. In September, the average 30-year mortgage rate declined for t
San Francisco Housing Market Update - August 2024
The Big Story Housing Market Seasonality vs. Expected Rate Cuts Quick Take: Nationally, home prices hit an all-time high in June 2024, and we estimate that prices may have bucked seasonal trends and climbed slightly higher in July.* In July, the average 30-year mortgage rate declined for the third
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