September is always HOT, HOT, HOT for real estate in the Bay, and this year is no different. The weather has obviously also followed suit… 

I’ve got tons of great data below that I’ve compiled for you, but here are a few points that I’d love to note, in particular:

The economy engine is getting back in place. People are spending. FUN FACT – used car prices tend to be a major metric to watch, and they are rising. People are getting out there, driving, actually going to work in some cases, etc.. In fact, the July consumer index had the biggest jump that we’ve seen in decades between June and July.

Forbearance efforts by the national government have allowed banks to still offer attractive packages for their clients. AKA The Fed is super supportive of keeping the real estate lending engine going, and we should continue to see low rates for a while! YAY!

Because of the rates and a variety of other factors, the cost of homeownership is actually cheaper than renting in many cases, which opens up the market for first time home buyers, many of whom are now capable and ready.

Want to nerd out on the data with me? Take a look below, and, as always, if you do want to double-click on anything or have a convo – I’m here for you!