Leave a Message

By providing Momentum Realty your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

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

Silicon Valley Newsletter – November 2022

The Big Story

New Year, Same Housing Market

Quick Take:

Fewer homes are coming to market, and demand for homes has cooled as interest rates jump to a 15-year high, indicating a short-term equilibrium after two years of rapidly falling inventory.The number of homes sold in 2021 is one of the highest on record.
Economic concerns drive buying and selling decisions as inflation remains elevated and the continued Fed monetary policy brings us closer to a recession.
Supply of homes will continue to shape the market, and new construction will continue to decline with fewer buyers in the market and high costs to build.

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

CLICK And now go check our newsletter.