Skeoch Group Real Estate

Market Updates

The East Bay Story, June 2023

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...
Posted by: Skeoch Group
Categories: East Bay Story, Market Updates

The East Bay Story, May 2023

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...
Posted by: Skeoch Group
Categories: East Bay Story, Economic Updates, Market Updates

4 Year Price Trends

While the news tells us that real estate values are declining, the real story is that values have continued to increase, just at a slightly slower rate. Home equity across the East Bay remains high despite the shift w...
Posted by: Skeoch Group
Categories: Market Updates, Uncategorized

Where are people moving in 2022?

It’s important to understand the current demographic and migration trends shaping the country. These trends impact our local housing demand, which impacts construction, which will go on to shape availability and affor...
Posted by: Skeoch Group
Categories: Market Updates

Market Monday

The market is changing. The past two years have seen a continual decrease in inventory with sky high prices. But the Covid-era market is beginning to cool just a bit. The good news is that the market should be able to...
Posted by: Skeoch Group
Categories: Market Updates

Market Monday

Is the real estate market FINALLY starting to SLOW?!  That is the question everyone is asking. We are starting to see homes sit on the market a little longer, some not even receiving any offers in the first week ...
Posted by: Skeoch Group
Categories: Market Updates

Market Monday

Many experts have predicted home sales will remain strong in 2022 with prices increasing another 10%, but look at these numbers! Last week, the average home continued to sell for well over asking: Pleasanton: 114% Dub...
Posted by: Skeoch Group
Categories: Market Updates

Market Monday

My last blog post indicated that the real estate market tends to slow for the holidays. That said, it is surprising to see the number of homes sold during a week shortened by the Thanksgiving holiday. Are you ready to...
Posted by: Skeoch Group
Categories: Market Updates

Market Monday

As we have discussed, in a typical year, the real estate market tends to slow for the holidays. But what does that mean for you? Sellers: Low inventory and less competition from other sellers. The average days on mark...
Posted by: Skeoch Group
Categories: Market Updates