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April 2023 Market Update

David Kim May 1, 2023

The Market Continues to Recover, But with Many Dynamics at Play

March inflation figures were released Wednesday, April 12th: The overall inflation rate saw a significant drop from 6% to 5%.

Rates have been volatile for 5 weeks but ticked down again since the March inflation data came out this month.

Stock markets initially appeared unenthusiastic about the new inflation figures: The Dow, S&P, and Nasdaq all saw small declines Wednesday. But as of late Thursday, they made up for those declines and ticked back up into positive territory. Of course, inputs from a wide variety of data are constantly affecting financial markets.

What we're currently seeing:

Still a strong market with many buyers including cash buyers
About 80% of current transactions are non-contingent
More listings coming on the market for the last couple of weeks after the spring break

What does this mean for you?

It is still a good market for sellers if you are planning on selling or moving soon.

If you plan on making a move this year or next, let's get together to discuss your scenario and strategize for your next move. Reach out to us at (650) 988-5114.

Flipbook Reports by County

What We’ve Been Up to

FOR SALE | 12161 Hilltop Drive

Los Altos Hills

5 Bed | 4.5 Bath

COMING SOON | 1720 Havenhurst Drive

Los Altos

3 Bed | 2.5 Bath

SOLD | 202 South St, #8

Sausalito

1 Bed | 1 Bath

SOLD | 500 Preston Drive

Mountain View

3 Bed | 2.5 Bath

Questions? Contact us

Recent Blog Posts

January Market Update

Market Momentum: Pre-qualified Surge, Crowded Open Houses, and Revived Inventory

October 2023 Market Update

A Mixed Bag of Signals for Market Trends

September 2023 Market Update

Stock markets, the price of oil, the C.A.R. 2024 forecast

August 2023 Market Update

Excellent opportunity to engage with the vibrant community around us and create lasting memories.

Condos For Sale In Silverleaf, AZ

July 2023 Market Update

Let's strategize and create a plan tailored to your specific needs and preferences.

June 2023 Market Update

Beyond the real estate market, our community is buzzing with exciting local events!

May 2023 Market Update

This presents a favorable opportunity for buyers to explore diverse areas or property types.

April 2023 Market Update

Rates have been volatile for 5 weeks but ticked down again since the March inflation data.

March 2023 Market Update

From a long-term perspective, the Fed's actions since 1981 can be reviewed in the chart below.

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Partner with our dynamic team to unlock the full potential of your real estate endeavors in Silicon Valley. With our tailored approach and in-depth market knowledge, we'll ensure a seamless and extraordinary client experience.

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