Market Updates

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
March 16, 2021

What I Think the Market is Actually Doing

Photo of a wood model house next to calculator and money. Kelsey Lane What I think the Market is Actually Doing

 

Written by Kelsey Lane

Lately, armchair real estate analysts like to say "everyone is moving out of the Bay Area" and "I wonder what that will do to prices." While to some extent it's true, I wanted to share what I'm seeing on a day to day ...

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April 1, 2020

The New Rules of Real Estate

 

For two weeks since Shelter-in-Place began in Santa Clara County and Silicon Valley, no set rules had emerged for how to handle the buying and selling of homes. Finally the county, the state, and both Association of Realtors groups have synthesized a plan. Recently, real estate became an "essential ...

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