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Silicon Valley Newsletter - December 2022

The Big Story

Winter buying opportunities

Quick Take:

Competition for buyers has decreased as the mix of holidays and higher interest rates dampen demand. Fewer buyers, however, means more opportunities to find the right home.
Inventory rose unexpectedly across the country, bucking the typical seasonal trend. This again brings more opportunity to buyers.
Buyers responded remarkably well to the financial incentive of 2020 and 2021 but will need to adjust to take a prospective view of the market in 2022.

Note: You can find the charts & graphs for the Big Story at the end of the following section.

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