"At a Glance" Local Housing STATS and News 06/12/26

30-Year Fixed: 6.60%  |  15-Year Fixed: 6.15%

The 30-year eased to 6.60% and the 15-year to 6.15% — a small step down, and a real improvement from 6.84% a year ago. The surprise is the direction: May CPI reaccelerated to 4.2% (a three-year high), which normally pushes rates up, yet the 10-year held at 4.46% and rates ticked lower. Underneath it, existing-home sales just hit a five-month high — a sign a stronger job market is giving buyers the nerve to stop waiting on cheaper money.

Local board: 2,915 active (up 31 from Thursday), 218 new listings, 212 closed sales. More homes came on than cleared, nudging inventory higher, and new-listing flow ran hot — up 20 from Thursday, led by the Tri-Valley.

National: A growing share of buyers now lean on family money, not just paychecks. One survey found 78% of Gen Z homeowners got down-payment help (versus 12% of boomers), and a third say they could not have bought without it. It helps explain why boomers are now the top buyer group at 42% while first-timers sit near a record-low 21%.

Fremont & Milpitas

• Fremont: 15 new / 360 active (up 4)
• Milpitas: 4 new (flat)

I-880 Corridor

• Hayward: 16 new (up 1)
• Union City: 6 new (down 2)
• Newark: 5 new (flat)
• San Leandro: 3 new (down 1)
• San Lorenzo: 2 new (flat)

Tri-Valley

• Livermore: 24 new (up 6)
• San Ramon: 22 new (flat)
• Dublin: 19 new (up 7)
• Pleasanton: 15 new (down 1)

Oakland & Contra Costa

• Oakland: 65 new / 769 active (volume leader)
• Danville: 16 new (down 2)
• Castro Valley: 5 new (up 2)
• Sunol: 1 new (flat)

S&P 500: 7,394  |  DOW: 50,848  |  NASDAQ: 25,809

Stocks roared back, clawing back most of Wednesday’s inflation-driven selloff as easing Middle East tensions and IPO fever revived risk appetite — the S&P 500 rose 1.75%, the DOW 1.86%, and the NASDAQ 2.54%. The headline event is today’s SpaceX IPO, expected to raise roughly $75 billion at a $135 target price — a deal big enough that it could make Elon Musk the world’s first trillionaire. Tesla (TSLA +4.60%) rode the halo higher.

Not every name joined the party. Oracle (ORCL -8.53%) had its worst day in over a year — even after beating on sales and profit — as investors balked at the cash behind its AI push: the company burned $23.7 billion last year and needs roughly $40 billion more. The worry is that those big AI bets only pay off if they convert into profit.

US 10-Year: 4.46%  |  Gold: $4,186  |  Silver: $68.06  |  Brent Crude: $89.30

Gold is looking dull. It tumbled to roughly a six-month low — down about 6.3% on the week, to near $4,186 an ounce — even though inflation is running at a three-year high. That is backwards from gold’s usual playbook, and it comes down to rates: after May CPI reaccelerated to 4.2%, traders now bet the Fed could actually hike by December, and gold hates higher rates.

Silver went the other way, spiking toward $68 an ounce (+6.9%) as Middle East supply jitters lit a fire under the more industrial metal — a sharp split from gold on the same day. Brent crude eased to $89.30 after President Trump said the U.S. is pausing strikes on Iran and expects a deal within days. And U.S. household net worth rose just $100 billion last quarter to a record $183 trillion — the smallest gain in a year, with rising home values bridging some of the gap.

Gold’s 2026 round trip: after spiking to about $5,400 in late January, it has ground lower all year and tumbled ~6.3% this week to a roughly six-month low near $4,186 — even with inflation at a three-year high.

BTC: $63,401  |  ETH: $1,669  |  XRP: $1.14

Bitcoin held at $63,401, with Ether easing to $1,669 and XRP flat at $1.14. The bigger story is crypto going mainstream: Japan passed a bill to regulate crypto under its stock-market law — lower taxes for holders and a path to crypto ETFs, but paired with insider-trading bans and up to 10 years in prison for unlicensed firms. Institutional money kept flowing in too, as Digital Asset — maker of the Canton Network — raised $355 million led by a16z crypto, with Citadel, HSBC, Apollo, and Abu Dhabi’s wealth fund also backing it.

Disclaimer: The market data, rates, and information provided are for informational purposes only and should not be considered financial advice. Always verify rates and data with your lender or financial advisor before making any decisions.