Skeoch Group Real Estate

Market Will Heat Up As Mortgage Rate Shock Dwindles

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...
Posted by: Skeoch Group
Categories: Economic Updates, 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

October Economic Update

In the long term, employment and GDP reveal much about the economic climate and typically trend with housing prices. GDP, according to the U.S. Bureau of Economic Analysis, gained 1.6% quarter-over-quarter in 2nd Quar...
Posted by: Skeoch Group
Categories: Economic Updates