by Megan Micco | Aug 1, 2024 | Mortgages
With home prices and rates still relatively high, securing a mortgage can feel daunting – even to the most experienced borrowers. But don’t let that deter you: If other homebuyers’ experiences are any indication, odds are you’ll eventually find...
by Megan Micco | Jul 25, 2024 | Market Update
What a rollercoaster the past month has been! A catastrophic debate, an attempted assassination, a vice-presidential pick, a campaign resignation and more. We’ve also seen quarterly earnings reports from a couple of big tech companies that have had a bearish...
by Megan Micco | Jun 25, 2024 | Market Update
Welcome to my June 2024 real estate market update! Following early year optimism that inflation had been tamed, the Fed signaled 3 interest rate cuts throughout 2024 in their March Summary of Economic Projections (SEP). Unfortunately, data subsequently released...
by Megan Micco | Jun 4, 2024 | Market Update
Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024. Unfortunately, persistent inflation has delayed...
by Megan Micco | May 22, 2024 | Market Update
This spring has been quite interesting from a Bay Area real estate perspective. We’ve seen a healthy increase in homes for sale after a couple of years of very tight inventory. However, even with pent-up buyer demand, comparatively high interest rates have meant...