Bay Area Market Update - November 2024

Описание: Sean Engmann provides an in-depth housing market report for November 2024. Key topics include the impact of recent elections on the housing market, with state and local ballot measures on bonds for housing projects and rent control being defeated. He also discusses the Federal Reserve's interest rate cuts and their effects on mortgage rates. The report highlights county-level median house sales prices in the Bay Area, noting that San Francisco has fallen to the fourth most expensive county. Sean offers advice for sellers and buyers as the market enters the winter months and prepares for a potentially competitive spring in 2025.

00:00 - 0:05 Introduction and Overview
00:05 - 01:48 Election Impact on Housing Market
01:48 - 02:33 Federal Interest Rate Cuts and Mortgage Rates
02:33 - 03:53 Bay Area Housing Market Statistics
03:53 - 04:20 Advice for Buyers and Sellers
04:20 - 04:42 Conclusion and Closing Remarks

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Sean Engmann is a Bay Area real estate agent with eXp Realty specializing in helping home buyers and sellers on the Coastside (from Pacifica to Half Moon Bay), San Francisco, and the Peninsula. With extensive local expertise and a personalized approach, Sean offers the guidance and market insights needed to achieve your real estate goals. Benefit from Sean's customized sales plans, expert negotiation skills, and a commitment to making your buying or selling experience seamless and successful.

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