I hate to be a Debbie Downer ;) but across the Bay Area, year-over-year, home-price appreciation rates and overbidding statistics have continued to drop, and days-on-market to climb. In August, the number of new listings coming on market was lower year over year, and the number of active listings for sale declined, though still significantly higher than last year. There is usually a dramatic jump in new listing activity after Labor Day: In fact, September is typically the single month with the highest number of new listings, which then fuels autumn sales.
As of early September, interest rates have increased yet again and stock markets declined once more: They continue to see substantial short-term volatility and It remains difficult to confidently predict their future movements and effects on real estate markets. The next major indicator of buyer and seller psychology and market dynamics will be what occurs during the next 2 months of the autumn selling season, prior to the mid-November to mid-January holiday slowdown, typically the slowest market of the year.
If you have any specific questions about the market, feel free to reach out & as always, click here for the full Bay Area Market Report.
On a more upbeat note, fall is a magical time of year in the Bay Area with lots to do. Keep reading for fun happenings this weekend!
|
Friday-Sunday, Sept 30 - Oct 2.
Hardly Strictly is back! Elvis Costello, Emmylou Harris, the Seratones, Jay Som, The Brothers Comatose, and Lucius are just a few of the popular acts that will grace the stages of this favorite free music fest starting today!
|
|
|
|
The All New Unhinged Halloween Attraction
For 13 nights guests will be horrified by the Winchester Mystery House’s scariest show to date. After the haunted tour inside the mansion, you can enjoy the Spirit Carnival, Mystic Midway games, Axe Throwing, Lady Fortuna’s Tent of Mystery, the Spookeasy Bar, and more.
|
Oaktoberfest
Saturday & Sunday, Oct 1 & 2.
Oakland
Oaktoberfest returns in its full Bavarian glory with outdoor dining, drinking, and entertainment with free entry for the whole family. Don’t miss the live German music, traditional German food options, hundreds of vendors, live music, and the Bay Area’s best craft beers. Come and celebrate in Oakland’s historic Dimond District.
|
|
|
|
Rockridge Kitchen Tour 2022
Sunday, Oct 2, 12:30-5:30pm.
Looking for remodeling ideas or just feeling nosy? The Oakland tradition continues with the fourteenth Rockridge Kitchen Tour. See nine exceptional kitchens in a wide variety of design styles and meet the architects and contractors behind them. Kitchens include efficient ADU layouts to a large spacious estate.
|
*Seek advice and counsel of a medical professional and/or officials prior to going outdoors or any items mentioned in the above.
|
|
© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
marketingcenter-sfbayarea-sfcityproper |
|
|
