Market News

Diablo Valley Home Prices, Market Trends & Conditions November 2022

Diablo Valley Home Prices, Market Trends & Conditions November 2022

After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an...
Lamorinda Home Prices, Market Conditions & Trends November 2022

Lamorinda Home Prices, Market Conditions & Trends November 2022

After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends November 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends November 2022

The market now enters the 2-month holiday period which typically sees the year’s lowest levels of activity: The numbers of new...
Diablo Valley Home Prices, Market Trends & Conditions October 2022

Diablo Valley Home Prices, Market Trends & Conditions October 2022

There are certainly major economic and demographic challenges at play right now, but a market correction is not a crash, being more like...
Lamorinda Home Prices, Market Conditions & Trends October 2022

Lamorinda Home Prices, Market Conditions & Trends October 2022

Stock market declines, though substantial, cannot compare with those seen in 2008-2009, and employment remains very strong. This is not...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends October 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends October 2022

Mortgage payments as a percentage of income, and loan delinquency rates are both close to all-time lows; most homeowners’ mortgages...
Diablo Valley Home Prices, Market Trends & Conditions September 2022

Diablo Valley Home Prices, Market Trends & Conditions September 2022

The next major indicator of buyer and seller psychology and market dynamics will be what occurs during the next 2 months of the autumn...
Lamorinda Home Prices, Market Conditions & Trends September 2022

Lamorinda Home Prices, Market Conditions & Trends September 2022

As of early September, interest rates have increased again and stock markets declined once continue to see substantial short-term...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends September 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends September 2022

In August, the number of active listings for sale dropped after 6 months of steady gains, but it’s not unusual to see a...
Diablo Valley Home Prices, Market Trends & Conditions August 2022

Diablo Valley Home Prices, Market Trends & Conditions August 2022

According to some agents, buyer interest has begun to rekindle with the decline in competition, increase in inventory, and economic...
Lamorinda Home Prices, Market Conditions & Trends August 2022

Lamorinda Home Prices, Market Conditions & Trends August 2022

As of early August, the average, weekly mortgage rate for a 30-year fixed rate loan fell below 5% for the first time since April, and...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends August 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends August 2022

This report will review year-over-year changes in prices, and in supply and demand, reflecting the significant adjustments from the...
Diablo Valley Home Prices, Market Trends & Conditions July 2022

Diablo Valley Home Prices, Market Trends & Conditions July 2022

An overheated market cooling or normalizing, slowing from an unsustainable rate of acceleration, does not necessarily imply a weak market...
Lamorinda Home Prices, Market Conditions & Trends July 2022

Lamorinda Home Prices, Market Conditions & Trends July 2022

Outside the 2008 crash, market corrections over the last 4 decades typically ran from a simple flattening in appreciation, to price...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends July 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends July 2022

A correction is not a crash. The precipitating factor in the 2008 crash – tens of millions of households talked into home loans...
Diablo Valley Home Prices Market Trends Conditions June 2022

Diablo Valley Home Prices, Market Trends & Conditions June 2022

Market changes are often very uneven in the early months of a transition, with one home selling in days at over 25% over list price,...
Lamorinda Home Prices Market Conditions Trends June 2022

Lamorinda Home Prices, Market Conditions & Trends June 2022

As of late Spring, across the Bay Area, less expensive home sales have been considerably impacted by rising interest rates. Sales of...
Oakland Berkeley Inner East Bay Home Prices Market Trends June 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends June 2022

As of late Spring, across the Bay Area, less expensive home sales have generally been impacted by rising interest rates, and this has...
Diablo Valley Home Prices Market Trends Conditions May 2022

Diablo Valley Home Prices, Market Trends & Conditions May 2022

Historically, after a down cycle runs it’s course, the market moves into the next upcycle and home prices climb (often relatively...
Lamorinda Home Prices Market Conditions Trends May 2022

Lamorinda Home Prices, Market Conditions & Trends May 2022

When hot markets shift cooler, effects are typically first reflected in reductions in multiple offers, overbidding and the number of...
Oakland Berkeley Inner East Bay Home Prices Market Trends May 2022

Oakland-Berkeley Inner East Bay Home Prices, Market Trends May 2022

Even the hottest markets eventually cool. This does not necessarily imply a large “bubble and crash” (terms much overused). Over the...
Diablo Valley Home Prices Market Trends Conditions April 2022

Diablo Valley Home Prices, Market Trends & Conditions April 2022

If both interest rates and home prices soar, there is a double whammy on housing affordability. It is very difficult to accurately...
Lamorinda Home Prices Market Conditions Trends April 2022

Lamorinda Home Prices, Market Conditions & Trends April 2022

For buyers financing their purchase, interest rates play an enormous role in monthly housing costs. Depending on the speed and scale of...
Oakland Berkeley Inner East Bay Home Prices Market Trends April 2022

Oakland-Berkeley Inner East Bay Home Prices & Market Trends April 2022

For buyers financing their purchase, interest rates play an enormous role in monthly housing costs. Depending on the speed and scale of...
Diablo Valley Home Prices Market Trends Conditions March 2022

Diablo Valley Home Prices, Market Trends & Conditions March 2022

The prevailing dynamic remains one of the strong buyer demand competing for an inadequate inventory of listings for sale: Crowded open...
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