Leave a Message

Thank you for your message. We will be in touch with you shortly.

August Market Update

August Market Update

Welcome to our August newsletter. This month, we take a look at the conditions of the U.S. and global economies in relation to the local, state, and national real estate markets. In particular, we examine some crucial economic indicators, Real Gross Domestic Product (GDP) and the unemployment rate. Although COVID-19 is still surging through California and the country, sellers are returning to the market, bringing some much-needed supply to meet buyer demand. As we make our way through the summer months, we continue to provide you with the most up-to-date market information so that you feel supported and informed in your buying and selling decisions.

In this month’s newsletter, we cover the following:

  • Key News and Trends in August: U.S. GDP fell 9.5% in 2020’s second quarter. The national unemployment rate is 11% as of August 6, 2020, and 30-year fixed mortgage rates hit historic lows in July. COVID-19 continues to spread in the United States, although new cases seem to be marginally decreasing in California and nationally.
  • August Housing Market Updates: Silicon Valley’s housing market experiences larger buyer demand increasing home sales and prices.

And now go check our newsletter –>

Recent Blog Posts

Stay up to date on the latest real estate trends.

Best Dog Parks Near Campbell, California: Top Places for You and Your Pup

August 7, 2026

Discover the best dog parks near Campbell, California. Explore off-leash parks, scenic trails, and pet-friendly destinations that make Campbell a great place for dog o… Read more

Proximity to Airport & Freeways in Blossom Valley, San Jose: A Commuter's Guide

July 24, 2026

Discover the advantages of living in Blossom Valley, San Jose, with convenient access to San José Mineta International Airport, major freeways, and commuter routes thr… Read more

Where to Find Local Artisan Food in Sunnyvale, California: A Food Lover’s Guide

July 8, 2026

Discover where to find the best local artisan food in Sunnyvale, California. Explore farmers markets, bakeries, specialty shops, cafés, and locally sourced dining expe… Read more

Best Neighborhoods in Hastings Ranch, Pasadena: A Guide to One of Pasadena’s Most Desirable Communities

June 23, 2026

Explore the best neighborhoods in Hastings Ranch, Pasadena. Discover family-friendly communities, beautiful homes, excellent amenities, and why Pasadena remains a top … Read more

California’s Top Culinary Destinations for Foodies: Exploring the Rose Garden District in San Jose

June 19, 2026

Discover why the Rose Garden neighborhood in San Jose is a top culinary destination for foodies. Explore local restaurants, cafés, international cuisine, and dining ex… Read more

The Ultimate California Road Trip: Routes You Can’t Miss in San Jose, California

June 11, 2026

Let's Talk

You’ve got questions and we can’t wait to answer them.