Mindblown: a blog about philosophy.
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Collins: What are the largest hurdles facing homebuyers in today’s market?
Homebuyers in Santa Clara County face challenges due to rising mortgage rates and home prices, with the median single-family home price at $1.88 million and condos at $1.008 million. Affordability is now the top barrier, followed by expectations of mortgage rate drops and low inventory. Consulting a skilled realtor is crucial for navigating these market…
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Check out my listing Address: 400 N 1st St. San Jose
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Sunnyvale Market Update | A Real Estate Professional serving Silicon Valley since 1993
Here’s a quick update on the Sunnyvale housing market. Homes are selling at a steady pace, with more properties changing hands. The number of homes for sale remains consistent, and prices are holding firm.
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Timeline Predicts Housing Market Normalization | A Real Estate Professional serving Silicon Valley since 1993
Home price growth needs to stabilize while mortgage rates drop below six percent. If incomes grow 3.9% annually and rates fall to 5.5%, normalization depends on price trends. Market could normalize by November 2027 if home prices decline 2% yearly. If home prices stay flat, the market may normalize by January 2029. Rising home prices…
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High 5s or Mid-6s? 2026 Mortgage Rate Forecast | A Real Estate Professional serving Silicon Valley since 1993
Slide 1 Experts predict mortgage rates will hover around mid-6% through most of 2026. Slide 2 Fannie Mae forecasts 6.5% by end-2025, easing to 6.1% by end-2026. Slide 3 MBA and NAR project 6.7% by late 2025, gradually dipping to 6.0–6.5% in 2026. Slide 4 NAHB sees 6.6% now, moving slowly down to 6.32% next…
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Can Growth Regain Momentum in California? | A Real Estate Professional serving Silicon Valley since 1993
Home prices expected to grow modestly in 2026 after slower activity in 2025. Tech employment trends continue influencing demand in Bay Area and Silicon Valley. Inventory remains tight in Los Angeles and coastal metros, limiting sales volume. Inland markets like Sacramento show more affordability-driven migration.
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Fed Eases: HELOC Rates Drop, Borrowers Gain Power | A Real Estate Professional serving Silicon Valley since 1993
The Fed’s first 2025 rate cut pushed HELOCs to 7.88% and home equity loans to 8.19%. By year’s end, HELOCs may hit 7.3%, loans near 7.9%. Total Fed cuts from Sep 2024–Dec 2025 could reach 175 basis points, further lowering rates. Homeowner equity totals $17.5 trillion, about $307,000 per household. Home equity lending surged 16%…
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Check out my new listing Address: 400 N 1st St. San Jose
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Collins: What are the biggest challenges homebuyers face in the current market?
Homebuyers in Santa Clara County face challenges due to rising mortgage rates and home prices, with the median single-family home price at $1.88 million and condos at $1.01 million. Affordability is now the top barrier, followed by expectations of mortgage rate drops and low inventory. Consulting a skilled realtor is crucial for navigating these market…
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Much of Bay Area Lagging Far Behind Even SF on State-Mandated Housing Goals
San Francisco has permitted only 5% of its state-mandated housing units, falling short of its 82,000-unit goal by 2031. Many Bay Area cities are doing worse, with some below 1% of their targets. Despite state laws to streamline approvals, high construction costs, interest rates, and tariffs deter developers. A 2024 law to fast-track SF projects…
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