The Bay Area is one of the world’s great metropolitan areas – as a financial and cultural center; in the spectacular beauty of its...
Diablo Valley Home Prices, Market Trends & Conditions May 2023
Over the past 40 years alone, the San Francisco Bay Area has seen 4 major upcycles or housing booms. In each, there have been enthusiasts...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends May 2023
Some uncertainty clearly continues with inflation, interest rates, stock markets, bank crises, high-tech layoffs, and now, as of early...
Lamorinda Home Prices, Market Conditions & Trends April 2023
April, May & June sales volumes are commonly among the highest of the year, and this is especially true for luxury home sales. ...
Diablo Valley Home Prices, Market Trends & Conditions April 2023
Across the Bay Area, year-over-year sales declines in the highest price segments have outpaced drops for less expensive homes, and their...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends April 2023
But though conditions have improved considerably, the market remains significantly weaker on a year-over-year basis, and across the Bay...
Lamorinda Home Prices, Market Conditions & Trends March 2023
It is too early for significant effects to show up in home prices: Indeed, through February, 3-month-rolling median house sales prices...
Diablo Valley Home Prices, Market Trends & Conditions March 2023
It has been very challenging to predict short-term interest rate changes. Another major factor is the substantial decrease in the number...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends March 2023
It is too early for significant effects to show up in home prices: Indeed, through February, 3- month-rolling median house sales prices...
Lamorinda Home Prices, Market Conditions & Trends February 2023
Market activity then slowed further through the rest of 2022. There are currently considerable hopes for a more lasting economic recovery...
Diablo Valley Home Prices, Market Trends & Conditions February 2023
Based on this preliminary data (much of it still anecdotal*), it appears that buyer demand severely repressed by economic conditions in...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends February 2023
Typically, after the long holiday slowdown, the market just begins to wake up in mid-January before accelerating into spring. ...
Lamorinda Home Prices, Market Conditions & Trends January 2023
In 2022, the market saw a dramatic shift from Q2 (spring), at which time the market peaked after a dramatic 10-year upcycle supercharged...
Diablo Valley Home Prices, Market Trends & Conditions January 2023
“Homebuyers are waiting for rates to decrease more significantly, and when they do, a strong job market and a large demographic...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends January 2023
The period from just before Thanksgiving through mid-January usually sees the lowest levels of listing and offer-acceptance activity of...
Lamorinda Home Prices, Market Conditions & Trends December 2022
The changes in market dynamics that began in late spring/early summer 2022 generally continued in autumn due to the ongoing economic...
Diablo Valley Home Prices, Market Trends & Conditions December 2022
December typically sees the low point of new-listing and sales activity with an increasing number of homes taken off the market to await...
Oakland-Berkeley Inner East Bay Home Prices, Market Trends December 2022
The great majority of indicators – home prices and appreciation rates, sales volumes, overbidding, days-on- market, months supply...
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
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
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
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
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
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
The next major indicator of buyer and seller psychology and market dynamics will be what occurs during the next 2 months of the autumn...