New insights.

According to a new report from Freddie Mac, 30-year mortgage rates are projected to gradually decline in coming quarters, which could trigger a surge in buyer demand, primarily from first timers. However, a tight inventory will lead to only moderate sales increases, with prices rising 2.1% in 2024.

Meanwhile, boosted by an “AI boom,” median sales prices in the San José metro area are the first to exceed $2 million, and Silicon Valley’s appreciation rate is among the highest in the nation. Overall, 89% of U.S. metro areas saw year-over-year price gains.

Chic's Picks: Family-Size Homes

These homes are just the right size for a new or growing family.

2101 Briarwood Dr

Santa Clara, CA 95051

3 Beds | 2 Baths | 1,240 sqft | $1.598M


541 San Marcos Ter, Unit 2

Sunnyvale, CA 94085

3 Beds | 4 Baths | 1,851 sqft | $1.498M

28 Farm Road

Los Altos, CA 94024

2 Beds | 2 Baths | 1,264 sqft | $1.610M

Open House - Sat 12/4, 1-4pm