San Francisco Home Prices, Market Conditions & Trends April 2024

Based on current indicators, and what is being experienced on the ground as new listings arrive on the market, deals are negotiated, and homes go into contract, it appears almost certain that significant home price increases will continue in Q2 2024.

San Francisco Home Prices, Market Conditions & Trends April 20242024-04-15T21:20:23+00:00

San Francisco Home Prices, Market Conditions & Trends March 2024

The Market Accelerates Rapidly Moving into Spring. There is a growing sense that in 2023 San Francisco hit its post-pandemic low - economically, socially, and certainly in media coverage and that it has now begun a significant recovery on all those fronts.

San Francisco Home Prices, Market Conditions & Trends March 20242024-03-07T21:57:08+00:00

San Francisco Home Prices, Market Conditions & Trends February 2024

Open house visitor numbers have surged, new listings coming on market have risen, the pipeline of coming listings is filling up faster than last year, and the number of homes going into contract is climbing rapidly as the market wakes up.

San Francisco Home Prices, Market Conditions & Trends February 20242024-02-13T23:04:01+00:00

San Francisco Home Prices, Market Conditions & Trends January 2024

Dramatically Improving Economic Indicators Suggest a Brighter 2024 Housing Market. In the last 2 months of 2023, the average, weekly, 30-year mortgage interest rate dropped from 7.79% to 6.61%.

San Francisco Home Prices, Market Conditions & Trends January 20242024-02-13T23:00:24+00:00

San Francisco Home Prices, Market Conditions & Trends December 2023

A Sudden, Positive Shift in Economic Indicators. "For the third sixth straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower inflation and lower mortgage rates should likely bring more potential homebuyers into the market." Freddie Mac (FHLMC).

San Francisco Home Prices, Market Conditions & Trends December 20232023-12-07T22:20:03+00:00

San Francisco Home Prices, Market Conditions & Trends October 2023

Economic indicators have been challenging since the fall selling season began: Interest rates continued to rise through early October and stock markets generally continued to fall from mid- summer, YTD highs.

San Francisco Home Prices, Market Conditions & Trends October 20232023-10-10T17:01:20+00:00

San Francisco Home Prices, Market Conditions & Trends September 2023

“The surprisingly quick recovery [of the housing market] suggests that the residential real-estate downturn is turning out to be shorter and shallower than many housing economists expected after mortgage rates soared last year…There still aren’t enough homes for sale to meet demand.” The Wall Street Journal, “The Fall in Home Prices May Already Be Over,” [...]

San Francisco Home Prices, Market Conditions & Trends September 20232023-09-11T18:17:40+00:00

San Francisco Home Prices, Market Conditions & Trends August 2023

Generally speaking, the market slowed in July, a common seasonal trend, and August is usually one of the quietest months of the year though last year, a sudden, but short-lived drop in interest rates kindled buyer demand in August.

San Francisco Home Prices, Market Conditions & Trends August 20232023-08-07T20:58:36+00:00

San Francisco Home Prices, Market Conditions & Trends July 2023

Underlying market and economic dynamics in 2023 have been a mixed bag of often contrary and volatile factors - including downward-trending inflation; interest rates bouncing between 6% and 7%; unceasing uncertainty regarding what the Fed will do next; substantial rebounds in stock markets; bank, commercial real estate and debt-default crises; international political, economic and military [...]

San Francisco Home Prices, Market Conditions & Trends July 20232023-07-20T21:56:13+00:00
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