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What to Do Now That Rates Are Dropping

Posted by Danny Gould on Monday, January 23, 2023 at 10:00 AM By Danny Gould / January 23, 2023 Comment

What to Do Now That Rates Are Dropping | Bay Area Housing Market Report 2023

The trend in falling mortgage rates has been steady over the last eight weeks, making the start of 2023 an excellent opportunity for home buyers and sellers. 

What should you do now that mortgage rates are dropping? Rising mortgage and interest rates were a huge factor in why prices were skyrocketing in 2022, but over the last two months, we've seen these rates trending down. This latest Bay Area Housing Market Report breaks down what these rates mean for you! Is it finally your opportunity to buy? Does it mean you should wait to sell? And how long will these trending rates last? Watch to find out!

Our latest Bay Area Housing Market video breaks down what these falling rates mean and whether the conditions are right to become a buyer or seller in this market.

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1780 Properties
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Open 6/10
1214 Hollenbeck Ave SUNNYVALE, CA 94087
$1,988,888
58
1214 Hollenbeck Ave
SUNNYVALE, CA 94087
 
3
Beds
2F11/2
Baths
1,726
Sq.Ft.
Real Estate Experts
Open 6/10
179 Llano De Los Robles Ave 5 SAN JOSE, CA 95136
$1,198,888
37
179 Llano De Los Robles Ave 5
SAN JOSE, CA 95136
 
2
Beds
2
Baths
1,895
Sq.Ft.
Kw Santa Clara Valley Inc
Open 6/11
555 Umbarger Rd 122 SAN JOSE, CA 95111
$339,779
17
555 Umbarger Rd 122
SAN JOSE, CA 95111
 
2
Beds
2
Baths
1,120
Sq.Ft.
The Imperial Group
Open 6/10
350 N 2nd St 303 SAN JOSE, CA 95112
$699,888
39
350 N 2nd St 303
SAN JOSE, CA 95112
 
2
Beds
2
Baths
1,320
Sq.Ft.
Intero Real Estate Services
88 E San Fernando St 2011 SAN JOSE, CA 95113
$1,099,000
33
88 E San Fernando St 2011
SAN JOSE, CA 95113
 
2
Beds
2
Baths
1,270
Sq.Ft.
Elite Real Estate Services
Open 6/11
1055 Sherman Ave MENLO PARK, CA 94025
$1,898,000
36
1055 Sherman Ave
MENLO PARK, CA 94025
 
2
Beds
1
Baths
1,050
Sq.Ft.
Heritage Realty
275 Barker St MILPITAS, CA 95035
$1,399,000
41
275 Barker St
MILPITAS, CA 95035
 
3
Beds
2
Baths
1,095
Sq.Ft.
Exit Realty Keystone
Open 6/11
1603 Notre Dame Ave BELMONT, CA 94002
$1,430,000
33
1603 Notre Dame Ave
BELMONT, CA 94002
 
3
Beds
2
Baths
1,110
Sq.Ft.
Hometown Realty A Janet Pepe Davis Agency
Open 6/10
2881 Meridian Ave 155 SAN JOSE, CA 95124
$950,000
20
2881 Meridian Ave 155
SAN JOSE, CA 95124
 
2
Beds
2
Baths
1,676
Sq.Ft.
Signature Properties
Open 6/10
1111 Compass Ln 208 FOSTER CITY, CA 94404
$838,000
41
1111 Compass Ln 208
FOSTER CITY, CA 94404
 
2
Beds
2
Baths
1,286
Sq.Ft.
Exp Realty Of California Inc
101 Alma St 908 PALO ALTO, CA 94301
$1,650,000
31
101 Alma St 908
PALO ALTO, CA 94301
 
2
Beds
2
Baths
1,491
Sq.Ft.
Compass
Open 6/10
2312 Lansford Ave SAN JOSE, CA 95125
$1,998,000
34
2312 Lansford Ave
SAN JOSE, CA 95125
 
3
Beds
2F11/2
Baths
2,172
Sq.Ft.
Intero Real Estate Services
Open 6/10
1032 November Dr CUPERTINO, CA 95014
$2,388,888
10
1032 November Dr
CUPERTINO, CA 95014
 
3
Beds
2
Baths
1,472
Sq.Ft.
Realty World Rfp Realty
Open 6/10
636 Valley Oak Ter SAN JOSE, CA 95112
$1,248,888
24
636 Valley Oak Ter
SAN JOSE, CA 95112
 
4
Beds
2F11/2
Baths
2,232
Sq.Ft.
Compass
Open 6/10
37182 Locust St NEWARK, CA 94560
$848,800
5
37182 Locust St
NEWARK, CA 94560
 
2
Beds
1
Baths
1,245
Sq.Ft.
Just Global Inc.
Open 6/11
2149 Hillcrest Rd REDWOOD CITY, CA 94062
$2,700,000
20
2149 Hillcrest Rd
REDWOOD CITY, CA 94062
 
4
Beds
4
Baths
3,778
Sq.Ft.
Compass
2151 Oakland Rd 306 SAN JOSE, CA 95131
$284,900
19
2151 Oakland Rd 306
SAN JOSE, CA 95131
 
3
Beds
2
Baths
1,216
Sq.Ft.
Realty World-Todd Su & Company
Open 6/10
811 Wake Forest Dr MOUNTAIN VIEW, CA 94043
$1,599,000
28
811 Wake Forest Dr
MOUNTAIN VIEW, CA 94043
 
2
Beds
1
Baths
816
Sq.Ft.
Coldwell Banker Realty
Open 6/10
2547 S Park Ln SANTA CLARA, CA 95051
$999,888
23
2547 S Park Ln
SANTA CLARA, CA 95051
 
3
Beds
1F11/2
Baths
1,311
Sq.Ft.
Coldwell Banker Realty
Open 6/10
88 E San Fernando St 1906 SAN JOSE, CA 95113
$550,000
35
88 E San Fernando St 1906
SAN JOSE, CA 95113
 
1
Baths
673
Sq.Ft.
Coldwell Banker Realty
Open 6/10
1040 Glithero Ct SAN JOSE, CA 95112
$1,590,000
68
1040 Glithero Ct
SAN JOSE, CA 95112
 
3
Beds
2F11/2
Baths
1,508
Sq.Ft.
Compass
Open 6/11
5427 Club Dr SAN JOSE, CA 95127
$1,299,000
61
5427 Club Dr
SAN JOSE, CA 95127
 
3
Beds
2
Baths
1,436
Sq.Ft.
Christie's International Real Estate Sereno
Open 6/10
1636 Sedona Ter SAN JOSE, CA 95116
$1,199,000
28
1636 Sedona Ter
SAN JOSE, CA 95116
 
4
Beds
2F11/2
Baths
2,104
Sq.Ft.
Cameo Real Estate
Pending
1220 Tasman 365 SUNNYVALE, CA 94089
$175,000
24
1220 Tasman 365
SUNNYVALE, CA 94089
 
2
Beds
1
Baths
1,000
Sq.Ft.
Alliance Bay Realty

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