Home » Newsletter Newsletter Still, the Next Two Months Can Be an Excellent Time for Buyers to Make Some of the Best Deals of the Year A Period That Often Sees a High Number of Price Reductions The Autumn Selling Season Just Begun, Typically Sees Significant Market Activity Before the Big Mid-Winter Slowdown Begins in Late November But August May See an "Unseasonal" Burst of Sales Activity if the Decline in Interest Rates Continues in the Coming Weeks Overbidding Percentages Hit Their Highest Readings, and Average Days on Market Their Lowest Readings in 2 Years 82% of House Sales and 44% of Condo Sales Sold for Over Asking Price in May But Not Every Listing Sells: Price Reduction Also Rose in April It Appears Almost Certain That Significant Home Price Increases Will Continue in Q4 2024 Substantial Macroeconomic Improvements in Interest Rates, Financial Markets, and Consumer Confidence Are Triggering a Recovery in Its Housing Market While Condo and House Sales Are Similar, Condo Inventory Is 130% Higher With the Interest Rates Falling and Consumer Confidence Rebounding, the Direction Is Trending Positive for San Francisco Real Estate The Combination of Continued Economic Strength, Lower Inflation, and Lower Mortgage Rates Should Likely Bring More Homebuyers into the Market Sellers of Appealing, Well-prepared, and Well-priced Homes May Still See a Quick Sale with Multiple Offers
