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Diablo Valley Home Prices, Market Trends & Conditions November 2022

Diablo Valley Home Prices, Market Trends & Conditions November 2022

After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an associated rebound in financial markets, macroeconomic conditions shifted again – with interest rates climbing rapidly to a 20-year high – which took a toll on the early autumn, Bay Area …

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

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Lamorinda Home Prices, Market Conditions & Trends November 2022

Lamorinda Home Prices, Market Conditions & Trends November 2022

After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an associated rebound in financial markets, macroeconomic conditions shifted again – with interest rates climbing rapidly to a 20-year high – which took a toll on the early autumn, Bay Area …

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

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

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Diablo Valley Home Prices, Market Trends & Conditions August 2022

Diablo Valley Home Prices, Market Trends & Conditions August 2022

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 …

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

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Lamorinda Home Prices, Market Conditions & Trends August 2022

Lamorinda Home Prices, Market Conditions & Trends August 2022

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 …

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

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Lamorinda Home Prices, Market Conditions & Trends July 2022

Lamorinda Home Prices, Market Conditions & Trends July 2022

Outside the 2008 crash, market corrections over the last 4 decades typically ran from a simple flattening in appreciation, to price adjustments of 5% to 10% (relatively small compared to the appreciation rates which preceded them). It is far too early, with far too many factors at play, to make predictions.      

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

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