Number Talk: Confluence of Economic Indicators

The three charts below show how real estate market cycles generally move in sync with other economic indicators such as financial markets, employment, and consumer confidence.

It’s important to note that these data points end in 2019 and don’t reflect the crazed volatility created by the global pandemic. As we’ve all seen, the housing market has experienced a complete rebound, but some economic sectors are still struggling to recover.

Geek's Number Talk: What you get for $3M

They say the grass is always greener across the street, but what if the green was all the same? From a cozy cottage in Mountain View to a 2,400 square foot, 5-bedroom home in Monte Sereno, here’s a glimpse at what $3 million looks like in neighborhoods across Santa Clara County.

Geek's Number Talk: Saving Rate Down, Spending Up

The personal saving rate fell more than half a point to 9.4% from July to August, according to numbers from the Bureau of Economic Analysis. This makes the record 33.8% rate at the height of the pandemic in April 2020 seem like ancient history. Why the steep decline? Well, people are getting back to spending their limited income rather than saving their stimulus checks. Our friends at the Balance have more insights.

Geek's Number Talk: Santa Clara County Market Update - Aug. 2021

The numbers are in from August, and as you can see, the Santa Clara County housing market is still on the rise, whether you’re looking for a house or a condo. Inventory is up year-over-year from the height of the pandemic in Summer 2020, but properties are spending less time on the market, and prices are soaring.

What does this mean for you? Contact us for more insights!

Chic's Picks: Back on the Market!

These houses were previously pending, but opportunity is knocking again!

183 Hamwood Ter

Mountain View, CA 94043

3 Beds | 3.5 Baths | 1,612 sqft | $1.498M

Open House - Sat 9/25, 1:00-4:30pm

25295 Soquel San Jose Rd

Los Gatos, CA 95033

4 Beds | 2.5 Baths | 3,030 sqft | $1.7M

14141 Sobey Rd

Saratoga, CA 95070

5 Beds | 2.5 Baths | 2,039 sqft | $3.425M