With homes sitting longer and inventory near five-year highs, buyers gain leverage while sellers need sharper pricing to compete.
Are you a buyer waiting for prices to finally drop, or a seller asking why your home is sitting longer on the market? These are the two biggest questions in Silicon Valley real estate at the moment. With mortgage rates easing, the stock market hitting record highs, and inventory climbing to five-year peaks, the answers aren’t simple, but understanding how supply, demand, interest rates, and the stock market all interact will help you get the full picture.
Currently, mortgage rates are decreasing, which is improving affordability for buyers. At the same time, the stock market is hitting all-time highs, creating a wealth effect for tech employees whose compensation is tied to equity.
On the supply side, inventory has climbed to near five-year highs, giving buyers homes to choose from. With the Federal Reserve signaling a possible long-term shift away from rate hikes, we may be seeing the early stages of a meaningful trend change.
Watch the full video to learn what these shifts mean for buyers and sellers in today’s market, or use the timestamps below to skip to the parts that interest you the most:
00:00 — Driving forces in Silicon Valley real estate
00:44 — Factors shaping today’s market
01:18 — What this means for buyers and sellers
01:49 — Rising listings in Santa Clara & San Mateo
02:31 — Months of inventory explained
03:04 — Buyer demand and negotiation trends
03:56 — Price per square foot update
04:48 — Median price growth
05:12 — Mortgage rate outlook
06:07 — Stock market and luxury segment
06:59 — Market forecast scenarios
08:20 — Seller advice: the three P’s
08:49 — Buyer advice: why act now
10:12 — Mortgage applications surge
10:39 — When buyer demand shows up in data
11:04 — The cost of waiting to buy
11:52 — Key indicators to watch
12:26 — Building your real estate plan
If you’re considering buying or selling in Silicon Valley, now is the time to get clarity on your goals and build a strategy. We can help you understand where the market is headed, prepare your home for a successful sale, or position you to buy at the right time. Reach out today at 408-596-4490 and Brett@TheRealExperts.com. I’ll help you take advantage of this unique moment in the market.
