• Greater Bay Area Housing Market Update - August,Sterling Homes

    Greater Bay Area Housing Market Update - August

    The Big Story Housing Market Seasonality vs. Expected Rate Cuts   Quick Take: Nationally, home prices hit an all-time high in June 2024, and we estimate that prices may have bucked seasonal trends and climbed slightly higher in July.* In July, the average 30-year mortgage rate declined for t

    View more

  • Santa Clara, Santa Cruz, San Mateo Housing Market Update - July 2024,Sterling Homes

    Santa Clara, Santa Cruz, San Mateo Housing Market Update - July 2024

    The Big Story Median home price hits record high for the second month   Quick Take: Since January 2024, prices have climbed 13.6%, reaching an all-time high in May and another in June 2024. Similarly, the monthly cost of financing has hit a record high, meaning that home affordability is at a

    View more

  • San Francisco Housing Market Update - July 2024,Sterling Homes

    San Francisco Housing Market Update - July 2024

    The Big Story Median home price hits record high for the second month   Quick Take: Since January 2024, prices have climbed 13.6%, reaching an all-time high in May and another in June 2024. Similarly, the monthly cost of financing has hit a record high, meaning that home affordability is at a

    View more