Market Updates

Here you will find the updates I put out about the market and the changes we are seeing.

market update flattening market

How will 2021 finish up? | Are we going to see a flattening market?

Lumber supplies trending back up, existing inventory finally starting to tick back up, people getting excited again with the good news– are we finally going to see a flattening market?
In this video, I have some good anecdotes that I want to share with you. I also have a couple of thoughts, ideas, and some data, of course, to get you going into September. Hopefully, these will all be able to help you finish out the year strong with whatever you’re doing real estate wise.

where are we going | supply chain

High Inflation, Disrupted Supply Chain, Low Affordability, and Low Interest Rates–Where exactly are we going?

Is it time to panic yet? Where are we going? There’s a lot of talk and many headlines, both locally and nationally, around housing correction. When people hear “housing correction,” they immediately think of 2008. This one will be quite different for different reasons, and in different quantities, and that sort of thing. Nonetheless, a correction is very much possible and entirely on the horizon. But, there’s also more to it than that. Inflation, Supply Chain, Affordability, Interest Rates, and Construction—let’s talk about all these and dig right into it.

how did we get here | low inventory

An Unprecedented Seller’s Market, Super Low inventory, Prices at All-time Highs, and How We Got Here | Bay Area Housing Market 2021

An unprecedented seller’s market, super low inventory, prices are all-time highs, equity spreads are huge right now, and interest rates are at historic lows, or at least have been darn close if they’re not already.
If you’re anything like me, your head’s probably spinning. Maybe you’re trying to figure out which way is up and where to go. There is so much information out there that it is just confusing. So today, I wanted to bring forward some content about how we got here to help sort out those things.

Bay Area Real Estate Market update

Did the Bay Area Real Estate Market just shift?

When is the market going to turn? Maybe it already has. I know that the title might have piqued your attention, so let’s get started.

Today, I have another Bay Area Real Estate market update for you. This time, we’re going to talk about the market turning. Anecdotally, I see some stuff on the ground that has made me feel concerned, optimistic, or a combination of both, trying to figure out what is going on and where we’re headed here in the Bay Area Real Estate market.

Is the Inventory Dam going to break? | Real Estate Supply and Demand

If you were intrigued by the title, I have a feeling that you also want to know something about the supply side of our real estate market. I’ve already talked about a lot of things on the demand side, such as competition, contingencies, and market updates from the buyer or consumer side. That is why I wanted to take a moment because I haven’t really addressed that real estate supply side yet, and it’s also a big part of the equation. It’s a big part of the conversation that we’re in here today, and there are really interesting stats, nationally and locally, that I think are all poignant to your real estate experience here in the East Bay.

Bubble Trouble

Bay Area Housing Market Update Q2 2021 – Bubble Trouble??

Inman, a real estate news publication that talks about real estate industry-related news, recently put out a series called “Bubble Trouble.” This series shared four stats that will give us hope and four stats that won’t. In this market update, I’m really excited to share with you some of those stats that I found really interesting, as well as some anecdotes about what I see on the ground in this local market so let’s get into this!

market price versus market value thumbnail

Market Price Vs. Market Value | Bay Area Market Update Q2

Today, we’re going to talk about something a little different than what we usually talk about—the distinction between market price and market value. I wanted to do this as sort of a market update because I think it’s a really important psychology that you need to understand if you’re going to enter the real estate market as a buyer, seller, investor, or even a renter. Right now in our real estate market, these two things are in a real big conflict, and it seems like one is a little bit out relative to the other.

exuberant spending | housing bubble thumbnail

Exuberant Spending | Bay Area Housing Market Update Q2 2021

“A housing bubble is started by excessive demand, then it leads to inadequate supply, and then exuberant spending really pushes and inflates the housing bubble further.” With all these bidding wars in our market, everyone’s been wondering when is the bubble going to pop? Unfortunately, I don’t have the answer to that. But what I do have is some evidence and some anecdotes to share with you today—more specifically, about exuberant spending—that will give us a better view of what’s really happening with the health, or lack thereof, of our market.