Market Updates

March 14, 2024

Spring Forward to New Hope in Real Estate

Written by Kelsey Lane

As the rain will start to ease up, we're seeing some new movement in the real estate world as well.

Here are a few real estate news items to keep you updated:

Listing inventory is up about 13% compared to same time period last year ...

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Feb. 12, 2024

Current real estate news - Most Frequently Asked Real Estate Questions

One of the most frequent real estate questions we get recently is what the market is doing in light of interest rates. Everyone who has their eyes on residential real estate is hyper sensitive to rates, the job market, inflation, and what the future holds. And for good reason.
Here ...
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Nov. 9, 2023

Market Mashup: This Month in Real Estate

 

Written by Kelsey Lane

 

I thought you may like a distilled version of the real estate news I've been reading this month. A few key points:

  • Rental prices have increased 23% in the last 3 to 4 years. During this time an extra 2 million households in ...
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July 24, 2023

California & Bay Area Housing Affordability (Including First Time Buyers)

Written by Kelsey Lane

The first quarter 2023 housing affordability report was released recently by the California Association of Realtors, which covers each region in the state. The association reported that affordability levels rose slightly from the previous year's reporting. The median home price in all of California was ...

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June 5, 2023

San Jose Real Estate Market

 

If you're looking for a great place to call home in the Bay Area, San Jose should be at the top of your list. With its diverse population, strong economy, and beautiful weather, San Jose is an ideal location for those seeking to buy or invest in real ...

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March 17, 2023

Housing Market Outlook

Source: California Association of Realtors

I figured spring is a good time to summarize some of the materials from the California Association of Realtor's economists about what is happening in the golden state real estate market.

Over the few years of the pandemic, the number of home sales went ...
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Feb. 2, 2023

State of the Real Estate market in San Jose and Surrounding Areas

Written by Kelsey Lane

 

It's February 1st and now that we have enough of 2023 under our belt, I thought I'd weigh in on the state of the real estate market. Even though I called this the current "San Jose Real Estate Market" it's really the ...

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April 18, 2022

Tips for a Changing Real Estate Market

Kelsey Lane Real Estate market Trend blog

By Kelsey Lane, Realtor

 

The real estate market has been very hot lately. In some Bay Area pockets, prices have gone up over 35% during the pandemic. But it hasn't been just the past couple years that have been hot - it's been a thriving and fiery real ...

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Oct. 14, 2021

Facing the Housing Shortage

Picture of a house on a cracked desert

By Kelsey Lane

 

Coming Face to Face with the Housing Shortage

 

Clients often ask me whether it's possible for the market to still keep going up, and whether they'll be a huge correction. I don't have a magic peek into the future, and while some ...

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Aug. 31, 2021

Housing Affordability in the Bay Area

House and Bag of Money on a scale.

By Kelsey Lane,

Source: California Association of Realtors housing affordability index statistics

 

One question on everyone's mind about the current real estate market in Silicon Valley is "Is it sustainable" - which inevitably comes around to the affordability question.

 

I spent some time analyzing the Q2 close-out reports ...

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Posted in Market Updates