A 3 month rolling trends will illustrate market seasonality – typical seasonal ups and downs in median prices – as well as broad, longer-term trends. The Q2 2020 to Q2 2021 decline in mortgage interest rates was a positive factor … Continue reading
The post Bay Area Housing Affordability, Q2 2021 first appeared on Paragon Specific.
In the first 6 months of 2021, over $6.7 billion in home sales were reported to MLS in San Francisco, 49% above the previous peak in 2018.
The post San Francisco August 2021 Market Report: Sales, Prices, Trends first appeared on Paragon Specific.
Approximately 3,885 MLS sales occurred in the six months through mid-June 2021. 54% of MLS sales ere condos, 38% were houses, 6% TICs, 1% co-ops and 1% townhouses. Seasonal fluctuations are common and it’s not unusual for median sales prices … Continue reading
The post San Francisco July 2021 Report: Sales, Prices, Trends first appeared on Paragon Specific.
Pandemic, shelter in place, mass unemployment, terrible financial hardships for many households and small businesses, new ways of working, office buildings empty, people move, rents plunge, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, billionaires decamp to save on taxes, IPO mania breaks out again, vaccines begin to arrive – and the real estate market in San Francisco saw complicated dynamics in supply and demand, with a strong recovery after an initial crash in activity.
2020: a year of social, political, economic and environmental extremes. Let us give thanks to those who worked so hard and sometimes risked their lives to help others.
The following analyses were designed to be self-explanatory, but please don’t hesitate to contact us with any questions.
The post San Francisco Real Estate in 2020 first appeared on Paragon Specific.