Lawrence Yun of the NAR is forecasting a drop in mortgage rates to perhaps as low as 6.5%. This may bring additional buyers that were priced out back into the market. As always, the time to make a move is based on you...
The average 30-year mortgage rate has been above 6% since September 2022, and since then, the housing market has been slower, especially on the selling side, which of course feeds into the buying side, since buyers ca...
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...
Thanks to the generosity of many amazing donors, we raised north of $180,000 in support of Seals Future Foundation. This organization is dedicated to helping those who put their lives on the line to defend our freedom...
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Fun night in Livermore last evening. Great entertainment by Bohemian Queen at this event to benefit Harmony & Healing. In its continuing commitment to giving back to the community, the Skeoch Group presented a che...
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Community
Quick Take: Price growth slows as fewer new listings come to market In the East Bay, the housing market is always experiencing high demand, especially in the spring and early summer months. Increasing demand and low, ...
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Inventory remains low and days on market are trending down in many cities. With mortgage rates up, it’s not a surprise that the percentage of home buyers paying all cash is the highest it has been in 8 years. Ov...
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When the Covid pandemic hit, there was a lot of uncertainty in the world, especially with the real estate market. We quickly saw home prices began to skyrocket as interest rates fell. Over the next couple years many b...
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...
