Market News

San Mateo Real Estate Q2 Report – Compass

High stock markets, low interest rates, surging luxury home sales, a spring full of local IPOs, and San Mateo County hit a new high in median house sales price (by a nose). July 2019 Report San Mateo County real estate saw a strong Q2 market, though, generally speaking, not

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San Francisco Median Home Prices Hit New Peaks – Compass Q2 Market Report

High stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco – once again -hits new highs in median home sales prices. July 2019 Update After 2 quarters of no or negative year-over-year home price appreciation, a confluence of positive

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June U.S. Jobs Report: Continued strength lowers expectations of Fed cut in July

Friday’s national employment report from the U.S. Bureau of Labor Statistics showed that the U.S. economy added 224,000 in June, exceeding the expectations of market observers who were counting on lower gains amid some slower May economic reports. The current economic expansion also entered its 121st month in July,

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California on track for longest job expansion in recorded history

California added 19,400 jobs in May bringing the unemployment rate down to 4.2 percent, according to the latest report from the state Employment Development Department. The lowest unemployment rate, 4.1 percent, was seen in second half of 2018. Current job growth is at a 111-month expansion — the second-longest

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Plenty of Bay Area buyers, but why are they hesitant?

Executive Summary: While April’s momentum is slightly slower in May, May sales are still only 2 percent below last year’s highs after double-digit declines earlier in the year. Home sales momentum remains solid in East Bay. Napa sales finally jumped 6 percent after a 6-month losing streak, averaging 20

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Compass May 2019 Bay Area Real Estate Update

While overall Bay Area pace of sales in May still trends 2 percent below last year’s levels, some regions are starting to see sales pace pick up ahead of last year. Sales below $1 million are up for the second month in a row after more than 20 months

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30+ Years of Housing Market Cycles in the San Francisco Bay Area

Below is a look at the past 30+ years of San Francisco Bay Area real estate boom and bust cycles. Financial-market cycles have been around for hundreds of years, from the Dutch tulip mania of the 1600’s through today’s speculative frenzy in digital-currencies. While future cycles will vary in their

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Marin County Real Estate June 2019 Market Report

Spring Market Strengthens, But Dynamics Are Cooler Year-over-Year and Median Sales Prices Somewhat Lower. Long-Term Median Home Price Trends March-May Market: Year-over-Year Comparisons Some indications of year-over-year cooling from the very hot spring 2018 market, pretty much across the board. The median house sales price ticked down a bit.

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Santa Clara County Real Estate June 2019 Market Report

Buyer Demand Strengthens, Median Home Prices Rise, but Conditions Still Cooler & Prices Lower Than in  White-Hot Market of Spring 2018. Median House Sales Prices Long-Term Trends Year-over-Year, March-May Comparisons Santa Clara Luxury Home Sales The luxury home market is fiercely seasonal with sales volume typically peaking in May

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June 2019 San Francisco Market Report

High-demand/low-inventory spring market brings median home sales prices bouncing back to 2018 peaks. San Francisco luxury home sales hit new monthly high. Median Home Sales Prices We consider 3-month rolling median sales prices to be more reliable than single month figures, which are much more prone to less meaningful fluctuations. Both

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