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: 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 ...
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Uncategorized
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...
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Uncategorized
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...
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East Bay Story
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...
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Economic Updates
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 ...
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East Bay Story
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...
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...
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East Bay Story
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...
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Market Updates
Repeat after me: The Fed doesn’t directly hike or cut mortgage rates. Some quick housekeeping before we dig into the headline: mortgage rates are slightly higher so far this week. The increases were in place on ...
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Economic Updates
Jason takes the time to understand you and your needs. If you’re a buyer, he will listen until he knows exactly what type of homes to show you. If you’re a seller, he won’t quit until everyone understands market conditions and expectations are clear. He’ll go to battle for you. You won’t find a more ethical and professional real estate expert.
Dan M.
