Category: Market News & Trends
Market Pulse October 2024: Mortgage rates are fluctuating like autumn leaves in the breeze, but East Bay real estate remains steady
Mortgage rates over the year did fall from the 7.7% height they hit in October 2023, drifting closer to the lower 6% range over August and September as the anticipated Fed rate cut hit. However, as of mid-October, mortgage rates have floated back up to 6.44% for a 30-year fixed loan.
Read MoreThe impact of the NAR commission settlement on home buyers and sellers
As anticipated this September, the Federal Reserve lowered rates.5 percent or 50 basis points. Many are hopeful to see the housing market follow suit with lower mortgage rates, but what can buyers and sellers really expect at this point and in the future?
Read MoreMarket Pulse September 2024: Feds lower rates by 0.5%, will lower mortgages follow?
As anticipated this September, the Federal Reserve lowered rates.5 percent or 50 basis points. Many are hopeful to see the housing market follow suit with lower mortgage rates, but what can buyers and sellers really expect at this point and in the future?
Read MoreMarket Pulse August 2024 : Back to school, back to lower mortgage rates?
As kids head back to school, there is a renewed sense of optimism in the August air as we move…
Read MoreNAR Settlement Explained: The Truth About the News Dominating the Real Estate Industry Today
The NAR settlement news has been dominating our industry recently, and has unfortunately been misconstrued pretty badly in the mainstream…
Read MoreMarket Report: 2023 in Review
We’ve wrapped up 2023 and put it away with all the holiday decorations. But it isn’t forgotten. 2023 was the…
Read MoreMarket Report: Dual Dynamics of Declining Sales Volume, Soaring Prices
Two residential real estate trends stood out in the East Bay in November: declining inventory and soaring prices. These insights…
Read MoreMarket Report: East Bay Home Prices Rise as Inventory Shrinks
Across the East Bay, home prices continued to rise in October year-over-year even though buyers found no interest rate relief….
Read MoreMarket Report: Spiking Interest Rates and Falling Buyer Confidence
Remember when market analysts predicted interest rates would drop in the fall and winter of 2023? That must have been…
Read MoreCalifornia Home Insurance Crisis: 5 Essential Tips for Sellers & Buyers Caught Up in the Mess
We’ve seen escrows fall apart because the home buyers struggled to get insured. Learn how to improve your chances of…
Read MoreThe Waiting Game: How Long Does It Take To Sell a House in the East Bay?
One of the most common questions homeowners ask us is, “How long does it take to sell a house?” We wish there…
Read MoreMarket Report: More Record-Breaking Sales Prices in August
Is the East Bay market back to “normal”? The Wall Street Journal reported recently that the housing downturn may soon…
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