SF Housing Prices Still Rising Despite High Interest Rates

23 Sept 2024 · 1 min
0:40

In this YouTube monologue, Austin Klar analyzes the San Francisco single‑family home market, highlighting three key trends that suggest prices are still climbing despite recent interest‑rate movements. He points to a record‑low inventory—the lowest in four years—as a primary driver keeping demand strong and prices elevated. He then notes that as interest rates have slipped into the mid‑6% range, fewer homes are receiving price cuts compared with the same period over the past four years. Finally, he shows that over the last two months, price‑per‑square‑foot has risen each month and is higher than the same months last year when rates were above 7%, indicating that falling rates are already boosting price levels. Klar concludes that these dynamics are likely to intensify as rates continue to decline and invites viewers to follow him for ongoing housing market updates.

Chapters

More from Austin

youtube.com

This One Law Destroyed California's Condo Market

3mo ago
youtube.com

The Massive New Housing Project Coming to Divisadero!

3mo ago
youtube.com

San Francisco's Biggest Fireworks Show at Golden Gate Bridge

3mo ago
youtube.com

San Francisco Rents Just Hit $4,000 | Here's What Changed

3mo ago
youtube.com

San Francisco's Multi-Family Market Is About To Change Forever

3mo ago
youtube.com

6-Bedroom San Francisco Palace -- Rent Costs More Than Most Mortgages

3mo ago
youtube.com

The Truth About the San Francisco Housing Market Right Now

3mo ago
youtube.com

San Francisco Just Made it Easier to Drive in the City

3mo ago
youtube.com

SF Homeowners Are Losing Fortune on Deferred Maintenance

3mo ago
youtube.com

This Entire SF Block Was a Racetrack 130 Years Ago

3mo ago
youtube.com

SF's Downtown Revitalization Just Hit a Major Milestone

3mo ago
See all content