Market Updates
July Market Update
Welcome to our July newsletter, where we’ll explore residential real estate trends in the East Bay and across the nation. We will examine how buyer demand might shift during the rest of the year. Focusing on the historically low inventory, record high prices, and the Federal Reserve Bank’s incentives to keep interest rates low despite […]
May Housing Market Update
Welcome to our May newsletter, where we dive into national and local residential real estate trends. This month, we examine how the housing undersupply is increasing home prices and paving the way toward a more balanced market. We also discuss the decrease in mortgage rates and employment, which is historically one of the leading indicators […]
Are We In a Housing Bubble?
On the surface, the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors many are pointing to is the availability of mortgage money with low down payment loans. This is causing fear that we’re returning to the bad habits seen […]
April Housing Market Update
The pandemic changed the direction of consumer spending from a focus on services to a focus on physical goods. For many, it also accelerated the rate at which people built savings. With the addition of hyperlow mortgage rates, homebuying became more accessible to a higher number of people in 2020. The housing undersupply is also […]
March Market Update
COVID-19 cases continue to decrease and it is projected all U.S. adults will be eligible to receive a vaccine by the end of May. Even as it becomes safer for people to interact in office settings, we anticipate that working remotely, is here to stay. We expect demand for housing to remain high for years […]
March Market Update: Historical Review and East Bay Market
Working from home is here to stay, and all-time-low mortgage rates have incentivized renters to enter the housing market because the cost of buying may be lower than renting. For these reasons, we suspect that demand will continue to remain high through 2021.
Real Estate Market Update January Part 2
With Covid vaccinations underway, we finally have a glimmer of hope to move out of the pandemic. However, we know that transmission mitigation measures will still be necessary throughout the year. The pandemic has substantially raised demand for housing, and we suspect that demand will continue. Mortgage rates remain at all-time lows, and buyers are […]
Real Estate Market Update January
Have you been contemplating a move and think 2021 may finally be your year? If you’ve been watching the local real estate market, you already know home prices are hitting record highs in many areas, but what does the real estate market look like outside of California? Let’s take a look! In December many counties […]
Real Estate Market Update November
National Real Estate Market Let’s first take a quick look at how the real estate market is performing across the nation. Despite suboptimal major indicators, housing prices have risen considerably. Nationally, home prices have never been higher, and the high demand for single-family homes has dropped the Months of Supply Inventory to the lowest level […]
October Market Update
Overall, the housing market has shown significant price growth over the second quarter, showcasing the strength and stability of residential real estate. Year-over-year sales have also increased considerably through the summer months. As we enter fall, we believe the housing market is positioned for continued growth in both sales and price appreciation. Let’s take a […]
