San Francisco Real Estate News
San Francisco
Future Homebuyers Sitting on Sidelines Until After U.S. Presidential Election
According to national property broker Redfin, the typical monthly housing payment for a U.S. homebuyer was $2,671 during the four weeks ending July 21, 2024, marking the lowest level in four months.
U.S. Commercial Mortgage Debt Hits $4.7 Trillion in Q2 as Delinquencies Increase
According to the latest Commercial Delinquency Report from the Mortgage Bankers Association (MBA), U.S. commercial mortgage delinquencies rose in the second quarter of 2024.
Affordability and U.S. Election Stalling U.S. Consumers Home Buying Decisions
In July 2024, pending home sales dropped by 5.5%, as reported by the National Association of Realtors. All four U.S. regions experienced monthly declines in transactions. Compared to last year, the Northeast saw an increase, while the Midwest, South, and West showed decreases.
Seattle, Orlando and New York Top Labor Day Destinations in 2024
Based on AAA booking data, Seattle is the top destination for Labor Day weekend, showing an increase of nearly 30% from last year when it also ranked first.
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