Across the Bay Area, the real estate market is waking up, and as is often the case, buyer demand is accelerating faster than new listings are arriving.

While national home price growth has slowed and some regions are experiencing price declines, the Bay Area remains highly segmented. Affluent markets supported by stock market gains and AI-driven wealth creation are showing significant strength, while more affordability-sensitive segments are moving at a measured pace.

Interest rates are near multi-year lows, stock markets, though volatile, remain close to historic highs, and early-year buyer confidence is returning. In the Bay Area, “spring” often begins in February, and we anticipate a competitive selling season ahead, barring unexpected economic disruptions.