Rental Value Trends
Updated 01/08/25 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 although in some cases inched up slightly this past year, in most Bay Area cities rents stayed flat. Oakland may have been hit the worst with declining rents. Rents are roughly at […]
Housing Price Trends
Updated 01/08/25 This newsletter is updated as the economy and situations change. 1) Real estate activity and sales are up over the past two months. Since mid-November real estate activity as soared compared with the previous months and years, however, housing prices have moved down slightly over the past few months as interest rates have gone up […]
Interest Rate Trends
Updated 01/08/2025 Interest rates have gone up a full 1% over the past few months. In spite of that, since mid-November real estate sales are actually up. Click Here To See Current Interest Rates I do believe interest rates will drop later in the year due to price drops in energy causing price drops in […]
Interest Rate Trends
Updated 10/10/2023 There are some financial indicators suggesting interest rates might come down a little next year. I’m keeping my fingers crossed but not holding my breath as it appears interest rate ups and downs run in 12 to 18 year cycles. If so, rates will continue up for the next 10 years before they […]
Housing Price Trends
Updated 10/09/23 This newsletter is updated as the economy and situations change. Housing prices have inched up slightly this past year even though here is more available inventory for sale,(homes for sale), as compared to the last few years. Prices have not completely come back to their peak of the early spring 2021 when interest rates were […]
Rental Value Trends
Updated 10/09/23 This newsletter is updated as the economy and situations change. CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE Local rents peaked this past spring, up around 10% from spring 2022. Since then have dropped around 5%. Rents are now at the upper limit of affordability. This is worsening due to […]
Housing Price Trends
Updated 04/04/23 This newsletter is updated as the economy and situations change. Housing prices just went up a little this past month but are still down 10% – 12% (+/-) from their peak last May depending on the desirability of the home and neighborhood. Escalating interest rates have caused housing payments to rise near 30% (PITI). If […]
Interest Rate Trends
Updated 03/28/2023 There are some financial indicators suggesting rates might come down a little later in the year. The same home today will have a 30% higher monthly payment (PITI) compared to a year ago. For now, the roughly 150% rise in interest rates over the last 12 […]
Rental Value Trends
Updated 03/28/23 This newsletter is updated as the economy and situations change. CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE “When people can no longer afford steak, the price of chicken goes up, “Alex Schauffert. As an analogy in this case steak being the home you buy and chicken being the home you […]
Rental Value Trends
Updated 09/27/22 This newsletter is updated as the economy and situations change. CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE “When people can no longer afford to buy a home, the price of rent goes up.” It is likely rents will increase in the coming year because high interest rates have driven […]