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...
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...
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...
As we approach the end of 2023, we also appear to be at the end of a cycle of rising interest rates. A slew of recent economic reports have apparently convinced the Federal Reserve that their effort to combat inflation has been successful and it is time to halt...
Thanksgiving is upon us and there appears to be a lot to be thankful for. Recent economic reports indicate that the Fed has been mostly successful in their fight against inflation, and markets have responded accordingly. We have seen both stock market rallies and a...
