by Megan Micco | Apr 17, 2024 | Market Update
My April 2024 real estate market update comes with some surprising uncertainty. Early in the year it looked like we were on track for a soft economic landing after nearly 2 years of Fed rate increases. The Fed was forecasting 3 rate cuts throughout 2024 and both the...
by Megan Micco | Mar 20, 2024 | Market Update
Welcome to my March 2024 Real Estate Market Update. The Federal Reserve board held their open market meeting this week to discuss possible interest rate modifications and chose to keep rates unchanged for the time being. However, they also maintained their forecast...
by Megan Micco | Feb 15, 2024 | Market Update
Welcome to my February 2024 Real Estate Market Update. The consumer and producer price index reports were released last week and both came in hotter than expected. In addition, the January jobs report also showed growth above expectations. While these data could be...
by Megan Micco | Jan 22, 2024 | Market Update
The turn of the calendar has brought renewed optimism to financial markets and I personally have seen a meaningful increase in activity in the Berkeley real estate market. We’ve all been waiting for signs that interest rates will decline, unlocking new property...
by Megan Micco | Jan 3, 2024 | Market Update
A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory. In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and...