Election Outcome and Rising Mortgage Rates Temporarily Slow Bay Area Home Sales

Jan 16, 2017 |

Executive Summary: The December home sales decline in the Bay Area was larger than historically seen between November and December. The decline was led by slower activity among homes priced below $1 million, which is a function of higher mortgage rates, but also a severely depleted inventory of affordable homes for sale. Activity among higher-end […more]

Posted in: San Francisco

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