"At a Glance" Local Housing STATS and News 07/01/26

30-Year Fixed: 6.54%  |  15-Year Fixed: 6.12%

The 30-year fixed held at 6.54% and the 15-year stayed at 6.12%. Rates have gone quiet, and so has the resale market, with the lock-in effect still keeping owners in place until the gap to their existing rates narrows.

U.S. home prices set another record high in May, but annual growth was just 0.7%, the ninth straight month under 1%. High rates and thin supply have the market in a standoff: prices are not falling, but they are barely rising either.

Local board: 2,805 active (down 96 from yesterday), 177 new listings, 206 closed sales. Oakland again led with 36 new on 744 active; Fremont added 24 new on 339 active.

National: Digital Realty (DLR -5.79%), one of the largest owners of U.S. data centers, agreed to buy Blackstone's stake in three Virginia data centers for $3.5 billion. The REIT's shares fell on the news because the deal leans on $2.3 billion in new stock, diluting existing shareholders, a reminder that even the hottest corner of real estate has a price.

Fremont & Milpitas

• Fremont: 24 new / 339 active (down 9)
• Milpitas: 4 new / 111 active (down 3)

I-880 Corridor

• Hayward: 16 new / 267 active (down 6)
• Newark: 9 new / 119 active (down 2)
• San Leandro: 5 new / 89 active (down 6)
• Union City: 5 new / 78 active (down 4)
• San Lorenzo: 4 new / 22 active (down 2)

Tri-Valley

• Dublin: 19 new / 190 active (down 5)
• Livermore: 13 new / 212 active (down 7)
• San Ramon: 13 new / 204 active (down 7)
• Pleasanton: 10 new / 151 active (down 7)

Oakland & Contra Costa

• Oakland: 36 new / 744 active (volume leader)
• Danville: 8 new / 183 active (down 8)
• Castro Valley: 11 new / 89 active (down 1)
• Sunol: 0 new / 7 active (down 1)

S&P 500: 7,499  |  DOW: 52,319  |  NASDAQ: 26,213

Wall Street closed the books on its best quarter in six years, with the S&P 500 up 0.79% to 7,499, the NASDAQ up 1.52% to 26,213, and the DOW up 0.26% to 52,319. Over the past three months the S&P added roughly $8 trillion in value. Chips did the heavy lifting: semiconductor stocks gained about $2 trillion in the second quarter, their best three months ever, led by AMD (+7.68%) and Intel (+6.01%), though the group cooled 7.9% in the final week on AI-spending worries. Nike (NKE -1.04%) beat earnings, but a one-time $986 million tariff refund did most of the work.

US 10-Year: 4.46%  |  Gold: $3,989  |  Silver: $58.74  |  Brent: $73.29

Metals eased: gold slipped 1.23% to $3,989 and silver held near $58.74, while the 10-year Treasury yield ticked up to 4.46% and Brent crude added 0.47% to $73.29.

The Fourth of July cookout is the priciest on record, feeding ten for about $73.82 as the U.S. cattle herd sits at a 70-year low. Meanwhile President Trump is leaning on gas stations to cut prices to $2.50 a gallon against a national average near $3.86, arguing that crude has fallen but the savings have not reached the pump.

BTC: $59,046  |  ETH: $1,589  |  XRP: $1.05

Crypto edged higher on the day but the trend is still lower, with Bitcoin up 0.89% to $59,046, Ether up 1.31% to $1,589, and XRP up 1.03% to $1.05. Even with the bounce, Bitcoin is down about 32% year to date. Strategy (MSTR -6.20%), the largest corporate Bitcoin holder, sold more than $1 billion of its stash this week, and the coin dipped toward $58,000. On the policy front, crypto firms have already poured $189 million into the 2026 midterms, more than they spent in all of 2024, largely to push the stalled Clarity Act.

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.