If we summed up Bay Area real estate according to the news, it would go like this: Sales have dropped, there’s been a slowdown in the climb of housing prices, and inventory remains low. Rising interest rates loom over homebuyers, potentially cutting into future housing sales. And people are even starting to talk about winter, when many buyers temporarily suspend their searches and fewer homes tend to go on sale. But if winter is coming early, the latest statistics suggest… read more →
Lately, the primary focus of local real estate news has been on determining whether or not the Bay Area housing market has peaked. With every dip and spike, experts have pointed at signs that the plateau is imminent, or that we have already reached it. Of course, some parts of the Bay Area have likely peaked (the Richmond Waterfront, for instance). But there are three reasons to think that this does not apply to the East Bay as a whole.… read more →
When the Dublin Ranch market for detached single-family housing first gave signs of cooling off, we looked to the area’s condos and townhouses to see if they were following a similar pattern. After all, Dublin’s condos and townhouses (or simply “CoTH”) have often outperformed single-family homes (or “SFR”s) in various metrics. Notably, in the past year, the typical CoTH property has closed above asking price far more often and has seen a steeper climb in value than the typical SFR.… read more →
