
Will Rising Interest Rates Cause a Crash in the Housing Market?
Interest rates are going through the roof just in time for the Spring housing season, does that mean the market here in the Bay Area is finally shifting? The short answer to whether a market shift or collapse is coming to the Bay Area housing market is no. Especially not anytime soon. While
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Why is Bay Area Housing Inventory So Low?
Year over year housing inventory in the Bay Area has declined 27 months in a row. Why is inventory in the Bay Area so low? The downward trajectory of year over year inventory in the Bay Area predates the pandemic and goes back to the summer of 2019. It is the low inventory coupled with incre
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Rising Interest Rates and the Bay Area Housing Market
Mortgage rates are sharply increasing just in time for the Spring housing season, what will the impact be? Let’s start by putting into context where the rates are right now. As of March 30th, the average 30 year fixed rate sits at 4.79% according to mortgage news daily. That’s off from 4.95
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