What Real Estate Pros Think about the Current Housing Market

meredith-martin-real-estate-bay-area-what-to-know-current-housing-market

Unless you’re in the business, navigating the housing market can be downright confusing. These days, there are a lot of contradictory messages — near historic low interest rates, and the highest home prices we’ve ever seen — and it’s not easy to decide if now is the time to buy. Here’s what real estate pros think about the current housing market, including my take. Interest rates will start trending upward Collectively, real estate professionals predict interest rates will continue increasing,

Continue Reading

Instead of the Standard Mid-February Inauguration, San Francisco’s Spring Selling Season Started in January

san-francisco-real-estate-charts-graphs

And that means it’s time to check in with the numbers. New listings are up 10%, pending sale are up 95%, and luxury house sales are up 87%. For those of you that can’t get enough data, below are a few of the charts outlining a few of the highlights. Annual Median Bay Area House Sales Price Yes, even during a pandemic, San Francisco real estate prices climbed. While the median house sales price wasn’t quite as impressive as in

Continue Reading

Home Buying Rebounds Like Nobody’s Business

meredith-martin-san-francisco-real-estate-housing-market-rebounds

The real estate market across the US woke up, and it appears we are trying to make for lost time. According to the Mortgage Bankers Association, purchase volume last week was 1.5% lower than it was a year ago — a huge recovery from six weeks ago, when purchase volume was down a jaw-dropping 35%. In Like a Lamb, Out Like a Lion Spring is traditionally the time of year with the highest listings and home appreciation time, and now

Continue Reading

San Francisco Bay Area Housing Market Reports — A Deep Dive

deep-dive-bay-area-market-reports-meredith-martin

The San Francisco Bay Area covers a lot of ground, meaning there are all kinds of submarkets with their own unique trends and statistics that influence the region’s overall numbers. Today, we’re giving those chart junkies a deeper dive into the numbers with this look at San Francisco Bay Area housing market reports. Quick note — the vast majority of the information below reflects overall trends for the entire region, so keep that in mind. Home Value Appreciation This chart

Continue Reading

San Francisco Home Prices & Demographics – Numbers to Know

san-francisco-real-estate-meredith-martin

The November Case-Shiller Home Price Index for the San Francisco Metro Area was recently released, and we’re sharing some highlights. We’re including a look at the ancestry/county of origin/ethnicity in nine Bay Area counties. Pop quiz before you dive in! Any guesses about the top three nationalities among Bay Area residents? Short-Term Home Price Fluctuations Here, we see short-term changes in home prices by price tier. While lower-priced tiers appreciated faster than high-price their homes since the spring of 2016,

Continue Reading

Site Footer