Posted on November 15, 2023June 5, 2024Categories Market snapshot   Leave a comment on NorCal Monthly Market Insights Report: November 2023

NorCal Monthly Market Insights Report: November 2023

Rising Interest Rates Continued to Impact Supply & Demand in October, But Early November Brings Big Shift in Economic Indicators The heart of the autumn selling season was dominated by global conflict, falling stock markets – and interest rates jumping to their highest point in 23 years, further discouraging buyers who require financing, and prospective sellers reluctant to abandon their current loan terms. Then on November 1st, the October jobs report came out, the Fed extended their pause on raising … Continue reading “NorCal Monthly Market Insights Report: November 2023”