San Francisco Stats

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Category: Housing

San Francisco is America’s 16th Least Affordable Housing Market

The U.S. housing market improved over the course of 2016. Home purchases are up, foreclosure activity is down, and interest rates are on the rise after the Federal Reserve hiked rates recently in response to favorable economic conditions — and will likely continue to do so. Due in part to these developments, owning a home […]

Why Owning a Home is Less Common in San Francisco

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the San Francisco-Oakland-Hayward metro area, 53.5% of residents own their homes, lower than the national homeownership rate and the eighth lowest of any metro area in California. Young Americans […]

Why Quality of Life is Better in California

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

San Francisco is America’s 2nd Most Crowded City

There are 12,145 people per square mile in the San Francisco-Oakland-Hayward metro area, higher than the national population density of 6,321 Americans per square mile across all U.S. metro areas. San Francisco also has the highest population density of any California metro area. Population density can have a meaningful impact on home prices in an […]

Why San Francisco is One of the Most Expensive Housing Markets

A typical home in the San Francisco-Oakland-Hayward, California metro area costs $718,400, more than the national median home value of $194,500. The median home value in San Francisco is also higher than in California as a whole, where the typical home is worth $449,100. San Francisco’s median home value is also the second highest of […]

San Francisco Has the 19th Lowest Homeownership Rate in America

Home purchases in the United States have rebounded since the the recession that began in late 2007. The residential real estate market is a major pillar of the economy and returning interest in home buying is a healthy sign of economic activity. Over the last decade, however, the homeownership rate has steadily declined — from […]

San Francisco is Among the Best 25% of Cities for Single Mothers

Raising children on a single income is no easy feat, and single mothers in the United States struggle more than almost any other group of Americans. Still, some cities are easier for single mothers trying to make ends meet — and some cities are far worse. The costs of housing, food, childcare, and education give […]

San Francisco is the 21st Worst City to Flip a Home

The U.S. housing market has been in steady recovery since the housing crisis, and increasing numbers of investors are trying their hand at home flipping: the purchase, renovation, and subsequent sale of a property in a relatively short period of time. While home flipping is costly and notoriously risky, a number of housing markets are […]

California Has the Highest Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

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