December is upon us and it ‘TIS the Season. It’s nice to take a breather and spend time with friends and family to share a moment and a laugh and reflect on the year. And what a year it has been – tumultuous market is one way to put it. Some market uncertainty but certainly not a bottoming out. Higher rates and job cuts are what we are hearing the most from buyers out there around their hesitation to jump in. Factor in the news both domestic and international and well…
Multiple offers and quick sales are still very much a thing however. Just not quite as consistently as they have been in years past. The Mid Peninsula remains a strong market performing well even in a fraught market. 30-year rates are hovering in the 6% range. We hope to see that continue to move in the southern direction into 2024.
In My Favorite Things, have you all heard about the new crop of restaurants around Menlo Park’s Springline Housing development? Che Fico, Burma Love, Canteen, Robin Omakase sushi? YES PLEASE. Also San Mateo’s beloved Backhaus opened a larger location in Burlingame. Hello Holiday Pastries with a Ritual pour over. May your season be festive, happy, healthy and full of everything that brings you joy. Merry Merry. xo – Cameron
