Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to...
It’s late fall already and the real estate market continues to be unpredictable and constantly changing. This means it’s time for the November 2022 real estate market update. In the past two months I’ve had listings that sat on the market for weeks...
Over the past few years, a real estate buying frenzy bid up Berkeley home values to eye-popping levels. However, as mortgage rates have risen, buyer demand has cooled. Consequently, home sellers in Berkeley who enter the market today may need to reset their...
My October 2022 real estate market update begins with the news that the September consumer price index (CPI) report which came out last week showed higher than expected increases, despite actions taken by the Federal Reserve to combat inflation. Here are a few...
Deciding whether to buy or rent a home is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom...