Close

Diab-Lamo

Lamorinda Home Prices, Market Conditions & Trends October 2023

Lamorinda Home Prices, Market Conditions & Trends October 2023

Housing supply will remain below normal despite a 10% to 20% increase in active listings, as market conditions and the lending environment continue to improve. [However] the percentage of CA households able to purchase a median-priced single family dwelling will remain very low by long-term standards. CAR Chief Economist, 9/20/23          

The post Lamorinda Home Prices, Market Conditions & Trends October 2023 first appeared on PEB.

Read More

Lamorinda Home Prices, Market Conditions & Trends July 2023

Lamorinda Home Prices, Market Conditions & Trends July 2023

Of all the factors at play, perhaps the biggest wild card has been severely depressed new-listing activity as potential sellers have held back – ascribed to the “mortgage lock-in effect” – which not only artificially constrained the number of sales, but put upward pressure on prices as buyers, once again, competed for an inadequate supply …

Continue reading “Lamorinda Home Prices, Market Conditions & Trends July 2023”

The post Lamorinda Home Prices, Market Conditions & Trends July 2023 first appeared on PEB.

Read More

Diablo Valley Home Prices, Market Trends & Conditions July 2023

Diablo Valley Home Prices, Market Trends & Conditions July 2023

For most Bay Area markets, summer has historically been a slower period after spring – with some regions, such as San Francisco, seeing a relatively short (6 to 8 week) spike up in activity in autumn before the big midwinter slowdown – but typical seasonal trends have been upended a few times in recent years. …

Continue reading “Diablo Valley Home Prices, Market Trends & Conditions July 2023”

The post Diablo Valley Home Prices, Market Trends & Conditions July 2023 first appeared on PEB.

Read More

Diablo Valley Home Prices, Market Trends & Conditions June 2023

Diablo Valley Home Prices, Market Trends & Conditions June 2023

With bank crises, fed actions, inflation readings, and U.S. debt-default fears, interest rates have been volatile in 2023, with significant ups and downs. As of early June, 30-year, fixed-rate mortgages are running about a quarter percent below 7% (but rates can change quickly).      

The post Diablo Valley Home Prices, Market Trends & Conditions June 2023 first appeared on PEB.

Read More
Skip to content