New Standard Realty

Rental Value Trends

PriceTrends-Rents

Updated 09/22/24  This is updated as the economy and situations change. CLICK FOR A FREE IMMEDIATE RENTAL ANALYSIS OF YOUR HOME Local rents peaked last year and in some cases inched up slightly this year and in some cities even dropped a little.  Oakland may have been hit the worst. Rents are roughly at their upper limit of affordability. If […]

Housing Price Trends

blank

Updated 09/22/24  This newsletter is updated as the economy and situations change. Housing prices have moved up slightly this year, at best, keeping up with inflation. Many sales have happened at below the asking price and very few above the asking price. As I predicted earlier this year, interest rates have come down slightly, not enough to […]

Interest Rate Trends

blank

Updated 09/22/2024 Earlier this year I suggested interest rates could come down .5% to 1% this year. Well they were in the low 6’s now, low 5’s for FHA, down from the low 7’s earlier this year and I think they’ll move a touch lower between now and election time. Isn’t it amazing how interest […]

Call Now Button