Black Diamond & Associates Realty

Black-Diamond-250-x180

REAL ESTATE

BAY AREA AND TRI-VALLEY, SAN RAMON VALLEY

What’s Inside?

What Every Buyer and Seller Needs to Know Right Now

  1. What’s in store for the rest of 2024 for home sales, mortgage rates, and prices?

  2. Elections only have a small and temporary impact on the market.

  3. NAR settlement changes

The market is at an interesting point with rising inventory and lower demand. Supply and demand movements suggest easing home price appreciation in upcoming months. Inevitably, more inventory in a job-creating economy will lead to greater home buying, especially when mortgage rates descend.”

~Lawrence Yun, Chief Economist, NAR