All about Life & Real Estate in Silicon Valley – Broker Michael Koo's Blog.

Persistent inflation and elevated long-term Treasury yields are making a rapid return to low interest rates less certain.
The Federal Reserve faces competing pressures as policymakers balance inflation risks against signs of weakening economic momentum.
Higher long-term yields could keep borrowing costs elevated for consumers, businesses, housing, and commercial real estate.
Investors may increasingly favor a balanced approach as interest-rate uncertainty, fiscal pressures, and inflation continue influencing financial markets.

By Mid-Q2 2024, 18 US states had more homes for sale than in 2019, marking a notable break from the post-pandemic inventory shortage.
Nationally, though, the market still remained tight, with US inventory well below pre-pandemic levels even as supply recovered in selected states overall.
The inventory increase was linked to higher mortgage rates slowing buyers and to stronger homebuilding, which left more listings available as demand cooled.
An economist said this kind of normalization gave buyers more choice and could help moderate price growth where supply had moved above pre-pandemic benchmarks.
For sellers, the shift meant more competition, making sharper pricing and stronger presentation increasingly important while market watchers tracked whether more states might follow.

AI wealth is creating intense demand for luxury homes, particularly around San Francisco and affluent Peninsula communities.
All-cash purchases are becoming unusually common as wealthy tech buyers compete for limited inventory.
San Francisco’s supply is tightening, while nearby markets such as San Jose and Santa Clara are showing more mixed conditions.
Buyers looking beyond the luxury segment may find better opportunities in neighborhoods where inventory and seller expectations have softened.