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SAN FRANCISCO REAL ESTATE MARKET UPDATE – May 2022
The Big Story Will rising rates normalize the housing market? Quick Take: Home prices in the United States hit a record high. Historically low inventory, coupled with an urgency around rising interest rates, incentivized homebuyers to buy sooner rather than later. Inflation is driving the Federal Reserve’s (the Fed’s) monetary policy. The Fed indicated at […]
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SAN FRANCISCO REAL ESTATE MARKET UPDATE – March 2022
The Big Story Mortgage Rate Hikes Now Definite Quick Take: The Fed almost certainly will raise rates in March in an effort to combat inflation. Historically low supply is protecting the record-setting home prices of the past two years from a reversal. Elevated real disposable income, which spiked asset prices, has declined and stabilized at […]
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SAN FRANCISCO REAL ESTATE MARKET UPDATE – February 2022
The Big Story New Year, Same Housing Market Quick Take: Historically low supply continues to drive up home prices across the nation. However, home price increases are decelerating after the record-setting gains experienced over the past two years. The number of homes sold in 2021 is one of the highest on record. Current inflation levels […]
