Keith Griffith

2 weeks ago | sfgate.com | Keith Griffith

The share of active listings with price reductions hit 17.5% in March, up from 15% a year ago and a higher share than any March since at least 2016, according to the Realtor.com® economic research team's new monthly trends report. As elevated mortgage rates and affordability concerns continue to sideline many buyers, sellers have had to face up to the reality of a weaker market than they may have preferred, and adjust accordingly.

2 weeks ago | sfgate.com | Keith Griffith

"Our country and its taxpayers have been ripped off for more than 50 years, but it is not going to happen anymore," Trump said in remarks at the White House's Rose Garden. "With today's action, we are finally going to be able to make America great again, greater than ever before."The new tariffs bring the total tax on goods from China to 54%, the White House said.

1 month ago | sfgate.com | Keith Griffith

Can the Texas grid keep up with demand? But it also has the potential to drive up industrial and residential land prices in the state, and raises questions about whether the state’s energy grid can keep up with demand. Texas is unique among the states in that it has an independent electrical grid with no interconnections to out-of-state providers. The arrangement allows Texas to avoid federal energy regulations, but means the state is on its own to meet demand for electricity.

1 month ago | sfgate.com | Keith Griffith

Stocks reacted positively to the news, with futures for all three major indexes rising in the pre-market after several days of heavy selling driven by concerns over the Trump administration's trade policies. On an annual basis, shelter costs were up 4.2% and remained a major driver of overall inflation. A recent report from Realtor.com® showed that the housing supply gap of 3.8 million homes is an important contributor to higher housing costs.

1 month ago | sfgate.com | Keith Griffith

In his latest move, Trump on Tuesday announced total tariffs of 50% on Canadian steel and aluminum, saying he was imposing the levies in response to Ontario’s new 25% tax on electricity exports to the U.S.The constant whipsaw of policy changes, coupled with Trump’s recent remarks that he is not concerned with the performance of the stock market, have begun to raise growing fears of a looming recession.