Many clients ask us whether waiting a few more years will make homebuying more affordable. Drawing on decades of experience right here in the San Ramon Valley, we've seen market cycles come and go, but the fundamentals remain: according to recent projections, mortgage rates are likely to hover around 7% in 2027. At the same time, home prices are expected to rise by 2.2%, largely due to continued inflation and persistent high building costs. Even with the possibility of minor price drops in 2026, the overall effect is reduced affordability for buyers. Navigating these complex trends requires a clear understanding of both the local market and the broader economic landscape—something we’ve honed over our 60 years in real estate. Staying informed helps our clients make decisions with confidence, no matter the market conditions.
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