Mortgage rate lock-in

Many local families are holding onto extremely low mortgage rates—often in the 2–3% range from previous years—and are reluctant to give them up amid current rates around 6–7%. That hesitation thins out one important segment of buyers and removes potential supply (they’re not listing).

Mortgage rate lock-in

Many local families are holding onto extremely low mortgage rates—often in the 2–3% range from previous years—and are reluctant to give them up amid current rates around 6–7%. That hesitation thins out one important segment of buyers and removes potential supply (they’re not listing).

Ultra-high-net-worth and luxury buyer demand

The high end seems less effected by people’s concerns over the economy. Lamorinda attracts affluent buyers—particularly those flush with stock, crypto, or AI gains—looking for premium, move-in-ready homes. Luxury listings continue to draw multiple bids even as broader market cools.

Rate volatility and buyer psychology

Even though mortgage rates have stabilized in the mid-to-high 6% range, buyers are positioning themselves for the occasional dips—periods when rates briefly fall into the low-6% range trigger bidding surges

Conclusion

In my experience real estate has always been a great long term investment. If you feel the stock market is uncertain then perhaps move money to real estate. Obviously, if you need to sell then sell, but my advice is always buy, buy, buy and hold. Just make sure you can make those payments and do your due diligence.

If you’re thinking about buying or selling in Lamorinda, let’s talk. I can help you make sense of the current market, explore your options, and make a smart move. Reach out today for a no-pressure conversation.