July 2024 – Real Estate Market Update

July 2024 – Real Estate 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...
June 2024 – Real Estate Market Update

June 2024 – Real Estate 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...
2024 Mid-Year Real Estate Market Update

2024 Mid-Year Real Estate 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...
May 2024 – Real Estate Market Update

May 2024 – Real Estate 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...