San Francisco Real Estate News
San Francisco
Spring Home Sales Sputter in U.S. as High Costs Weigh on Buyers
Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year--breaking a seven-month streak of annual gains.
U.S. Cities Where Renters Need $100K Salary to Live Doubles Since 2020
A new report by Zillow paints a stark picture of America's rental affordability crisis, revealing that renters in eight major U.S. cities now need to earn six-figure salaries just to comfortably afford housing - double the number of cities from five years ago.
California Home Sales Dip in March Amid Rising Economic Concerns
California home sales took a step back in March 2025 as growing economic uncertainty and consumer anxiety weighed on the state's housing market, according to the latest report from the California Association of Realtors (C.A.R.).
U.S. New Home Sales Uptick in March
The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers.
San Francisco Property News
Average Americans Spend 38 Percent of Monthly Income on Mortgage Payments
Posted on February 21, 2025
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