Things have undoubtedly been crazy lately, and many of you have been asking about the impact to the housing market in the Bay Area. 

Unlike other data reports, I’ve taken a broader look at the macroeconomic environment to try and put Bay Area Housing into context. And, by tracking the real-time changes in the market, I’ve identified some key signals below.

If you’re racing to your next Zoom call, here’s the TL;DR: Inventory is low, but on the rise. Prices are down, and buyers have increased leverage. As we move towards reopening, I strongly believe that many of these trends will be temporary. The housing market here will stay resilient and, therefore, competition will heat up. If you’re realizing now that you don’t love your home, there is really no better time to buy.