The next major indicator of buyer and seller psychology and market dynamics will be what occurs during the next 2 months of the autumn selling season, prior to the mid-November to mid-January holiday slowdown, typically the slowest market of the year.      

The post Diablo Valley Home Prices, Market Trends & Conditions September 2022 first appeared on PEB.

As of early September, interest rates have increased again and stock markets declined once continue to see substantial short-term volatility and it remains difficult to confidently predict their future movements and effects on real estate markets.      

The post Lamorinda Home Prices, Market Conditions & Trends September 2022 first appeared on PEB.

According to some agents, buyer interest has begun to rekindle with the decline in competition, increase in inventory, and economic changes mentioned above, but if this is part of a broader recovery in demand, it has not yet shown up in the statistics – which are lagging indicators of what’s occurring on the ground right …

Continue reading “Diablo Valley Home Prices, Market Trends & Conditions August 2022”

The post Diablo Valley Home Prices, Market Trends & Conditions August 2022 first appeared on PEB.

As of early August, the average, weekly mortgage rate for a 30-year fixed rate loan fell below 5% for the first time since April, and stock markets have seen large rebounds since early July – but these and other indicators have been subject to sudden and often dramatic volatility, and their future directions can’t be …

Continue reading “Lamorinda Home Prices, Market Conditions & Trends August 2022”

The post Lamorinda Home Prices, Market Conditions & Trends August 2022 first appeared on PEB.