San Francisco Real Estate News
San Francisco
U.S. Construction Job Openings Surge in December
According to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey, the U.S. construction industry had 413,000 job openings in December 2022.
U.S. Homebuilders Association Predicts a Continued Housing Downturn in 2023
The U.S. housing recession will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year.
Mortgage Applications Dive 9 Percent in Late January
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 27, 2023, U.S. mortgage applications decreased 9.0 percent from one week earlier.
Architecture Demand, Billings Continue to Decline in U.S.
According to a new report from the American Institute of Architects, demand for design services from U.S. architecture firms continued to contract in December 2022.
San Francisco Property News
Record Number of U.S. Home Sellers Gave Concessions to Buyers in Late 2022
Posted on January 17, 2023
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