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San Francisco Bay Area Market April 2022 Update

San Francisco Bay Area Market April 2022 Update

There isn't a whole lot of change to the real estate market in the past month. The trend of prices going up continue from last month's trend. Mortgage Demand This month, one of the biggest news is 30-year fixed mortgage interest rate broke 5% for the first time since 2011. Many of our clients are [...]
San Francisco Bay Area Market March 2022 Update

San Francisco Bay Area Market March 2022 Update

Is a Spring collapse coming? As Russia's invasion into Ukraine continued, money flew into the US stock money just as our last month's blog post predicted. This inflow gave temporary support to the stock market. Looking at February 2022's market data, we can see that the % of sales dropped pretty much across all the [...]
San Francisco Bay Area Market February 2022 Update

San Francisco Bay Area Market February 2022 Update

Impact Of The Ukraine Crisis Since Russian forces invaded Ukraine, all eyes around the globe are on this country. Attention is also on how the US will respond to the crisis. Just as most predicted, the US will not have military confrontation with Russia. Instead, the US will only impose the toughest sanctions. As a [...]
San Francisco Bay Area Market December 2021 Update

San Francisco Bay Area Market December 2021 Update

Happy Holidays! We are just days away from Christmas and 2022! Let's take a look at what happened this month in the market. The most significant economic news of December is probably the Federal Reserve's December FOMC meeting. After the meeting, the Fed announced that they would speed up the tapering of the bond purchases [...]
San Francisco Bay Area Market November 2021 Update

San Francisco Bay Area Market November 2021 Update

We are now in the midst of the holiday season! As we are getting closer to Christmas and the New Year, we are seeing the typical cool-off in the real estate market. Let's take a look at October's sales statistics and the most up to date mortgage rates. Alameda, Marin and Napa counties are leading [...]
San Francisco Bay Area Market October 2021 Update

San Francisco Bay Area Market October 2021 Update

Fall is in full swing! As temperatures drop and the rain fall begins, we shall be seeing changes in the real estate housing market. This year, you may have noticed a pumpkin shortage and price inflation due to the California drought and lack of labor. The haunting news regarding this seasonal item may have scared [...]
San Francisco Bay Area Market September 2021 Update

San Francisco Bay Area Market September 2021 Update

Fall is officially here! Now that the kids are in school, the air is crisper, and PSLs are in full swing, what does this mean for the real estate market? Autumn has historically been a busy time in the industry for the Bay Area. This year, as we continue to face challenges set forth by [...]
San Francisco Bay Area Market August 2021 Update

San Francisco Bay Area Market August 2021 Update

"August is like the Sunday of Summer." -- Kelly Dwyer Growing up, I didn't particularly like Sundays because it meant that the next day will be Monday--a school day. Now, as an adult, I love Sundays! I get to spend time with my wife and daughter. Then, the next day, my week resets and I [...]
San Francisco Bay Area Market July 2021 Update

San Francisco Bay Area Market July 2021 Update

We are already halfway through summer! I'm here to bring you an update on June's market activity. Inventory Trend First of all, let's check the inventory trend. According to the data collected by the California Association of Realtors, the Bay Area housing inventory is hitting an all time low at 1.4 months of supply in [...]