The Big Story – East Bay, January 2024 Mortgage rates are plummeting, but how far will they fall? Quick Take:The average 30-year mortgage rate fell 1.18% in the last two months of 2023, which is a significant dr...
Quick Take: Higher Inventory, Higher Prices Price appreciation has been substantial across most of the East Bay this year, to say the least. Single-family home prices rose 20% in Alameda and 17% in Contra Costa, while...
Home prices are up across the Bay Area as inventory plunges to its lowest level in decades and sales fall. Median home price averages from the last three months were up across all 11 bay area counties, though still be...
The Big Story The Fed hints at pausing rate hikes Quick Take: Recession isn’t the right word. So what are we in? While we can say that we aren’t in a recession, it remains difficult to name the exact state of our econ...
We have about a month left of the spring real estate market so let’s take a look at how things have been so far… Buyer demand is up pushing the average days on market down and allowing many sellers to obta...
Quick Take · Home prices rose month over month, signaling that low inventory and seasonality are still affecting pricing despite higher mortgage rates. · Active listings in the East Bay rose slig...
Categories:
East Bay Story
Quick Take: Low supply will be the norm for at least six months We have enough data to see the trajectory for the next few months, if not the next year. The housing market hasn’t come to a grinding halt — people will ...
Categories:
East Bay Story
The East Bay Real Estate Market includes most all of Contra Costa and Alameda Counties. I present the information below to provide larger context for market conditions in our neighborhoods; Danville, Alamo, Diablo, Sa...
Categories:
East Bay Story
