Joe Polyak January 29, 2019
What’s in store for our San Mateo market as we settle into 2019? To answer that question, let’s compare the year-over-year numbers from 2017 to 2018:
2018 started much in the same way that 2017 ended—as a very hot seller’s market. By the fourth quarter, however, things started to change. Here’s a year-over-year comparison of the fourth quarters of 2017 and 2018:
Though the statistics definitely indicate a slowdown near the end of last year, we’re not in a recession. As it stands right now in 2019, it’s important to note that interest rates are very low. In fact, you can get a 30-year fixed mortgage rate for under 4%. If you’re a buyer, this is good news.
If you think you can’t afford to buy a new home because it’s too expensive, remember that prices may go down, but if interest rates go up at the same, your purchasing power remains the same.
I don’t have a crystal ball for the rest of 2019, but I can tell you that if you’re planning on buying or selling a home, we can get you the best deal possible.
If you have any more questions about our San Mateo market or you have any other real estate needs we can take care of, don’t hesitate to reach out to us. We’d love to help you.
Stay up to date on the latest real estate trends.
Santa Clara County Market Update
June 12, 2025
As we move through the heart of spring, Santa Clara's real estate market continues to show signs of strength and resilience. Whether you’re considering listing your ho… Read more
San Mateo Market Update
June 12, 2025
As we head into the busy spring market, San Mateo’s housing landscape remains competitive. With inventory staying tight and homes selling quickly, both buyers and sell… Read more
San Francisco
June 10, 2025
May is shaping up to be a dynamic month in the San Francisco housing market. With steady inventory, quick sales, and strong buyer interest, both buyers and sellers nee… Read more
Bay Area
June 6, 2025
Summer is officially here in the San Francisco Bay Area, and so is an incredible lineup of events to enjoy! From Pride celebrations to historic races and family-friend… Read more
Alameda Market Update
May 29, 2025
Alameda’s housing market continues to hold strong this spring, with low inventory and high buyer demand defining the landscape. If you’re planning to buy or sell in th… Read more
Contra Costa Market Update
May 28, 2025
As we step further into spring, Contra Costa County is experiencing a dynamic real estate landscape marked by strong buyer interest and limited inventory. Let’s break … Read more
Santa Clara County Market Update
May 23, 2025
As we move further into spring, the Santa Clara housing market continues to reflect strong buyer activity and limited inventory. Whether you're preparing to sell your … Read more
San Mateo Market Update
May 21, 2025
The San Mateo housing market continues to show strong momentum as we head into the second quarter of 2025. For both buyers and sellers, understanding the latest data … Read more
san francisco market update
May 16, 2025
As we dive into Q2 of 2025, San Francisco’s housing market continues to show strong demand and limited supply—factors that are shaping this high-stakes seller’s market… Read more
You’ve got questions and we can’t wait to answer them.