📈 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐑𝐚𝐭𝐞𝐬 𝐀𝐫𝐞 𝐔𝐩 - 𝐁𝐮𝐭 𝐒𝐨 𝐀𝐫𝐞 𝐁𝐮𝐲𝐞𝐫𝐬 𝐢𝐧 𝐒𝐚𝐧 𝐑𝐚𝐦𝐨𝐧, 𝐃𝐚𝐧𝐯𝐢𝐥𝐥𝐞, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐁𝐚𝐲 𝐀𝐫𝐞𝐚. 𝐇𝐞𝐫𝐞’𝐬 𝐖𝐡𝐲.

Mortgage rates just reached their highest point since January.

In most markets, that would put the brakes on buyer activity.

But here in San Ramon, Danville, and across the Bay Area, demand is holding strong.

According to the Mortgage Bankers Association, home purchase applications rose 2% last week - and they’re up 18% from the same week last year.

So who’s buying homes in the Bay Area right now?

👉 Savvy buyers who’ve done the math.

👉 Buyers who understand that slightly higher interest rates are worth the opportunity to:

• Lock in a great property

• Take advantage of price reductions

• Gain negotiation leverage

💡 According to Altos and via HousingWire, right now in the national market:

🔹 38% of listings are seeing price cuts

🔹 Inventory is up 32% compared to last year

Sellers are more open than ever to negotiate - on price, timing, and even closing costs

If you’ve been waiting for the right time to buy in San Ramon, Danville, or nearby Tri-Valley neighborhoods, this may be your moment.

📬 Have questions about pricing, timing, or how to navigate this shifting market?

I’m Ash Kaur Sahni, your local San Ramon Danville Realtor, and I’m always here to guide you.

Let’s talk real estate when you're ready. 💬

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