Skeoch Group Real Estate

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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

Spring 2023

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...
Posted by: Skeoch Group
Categories: East Bay Story, Uncategorized

East Bay Story (cont.)

Quick Take: Rising Demand still Outpaces Rising Supply Every year, by at least March, we expect to see inventory rise after a high number of new listings come to market, which easily accommodate the increase in sales ...
Posted by: Skeoch Group
Categories: Uncategorized

The East Bay Story – April, 2023

Quick Take: Bank Failures and Rate Hikes Tighter credit, at least in the short term Look, we’ve all been there. You’re running a prominent regional bank that holds an outsized amount of uninsured deposits, which...
Posted by: Skeoch Group
Categories: Uncategorized

The East Bay Story, March 2023

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...
Posted by: Skeoch Group
Categories: East Bay Story

Multifamily Housing Starts

Interesting analysis of national housing construction starts from Lawrence Yun at the National Association of Realtors. He foresees stabilizing rents leading to lower inflation and even lowered mortgage rates. Give it...
Posted by: Skeoch Group
Categories: Economic Updates

The East Bay Story – February, 2023

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 ...
Posted by: Skeoch Group
Categories: East Bay Story

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

The East Bay Story – January, 2023

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...
Posted by: Skeoch Group
Categories: East Bay Story

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