After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an associated rebound in financial markets, macroeconomic conditions shifted again [...]
Virtually across the Bay Area, Q3 median sales prices retreated dramatically from their spring peaks, and SF was hit harder than most area markets. Part of this was due to seasonal trends – [...]
In early August, we mentioned agents reporting that buyer activity - renewed interest in getting back into the market, visits to open houses, and so on – was picking up due to a [...]
After cooling and slowing in summer from its peak during the super-heated spring selling season – Q2 to Q3 cooling is a typical seasonal trend – the early autumn rebound began with a surge of new listings in September. A rush of autumn sales commonly ensues, before the market slows way down for the mid0wider holidays.
