December 2024

San Francisco Bay Area Market December 2023 Insight

  Despite concerns of a sluggish economic growth forecast for 2023, last week's economic data indicates that the U.S. has consistently outperformed expectations. The robust economy has put upward pressure on mortgage rates, but the average 30-year fixed-rate mortgage remains below 7%, supporting the housing market's thaw. Pending sales have risen for the first time since early 2021, but...

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