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

30-Year Fixed: 6.69%  |  15-Year Fixed: 6.16%

The 30-year fixed ticked up to 6.69% and the 15-year to 6.16%. Rates in this range keep the lock-in effect firmly in place, so owners stay put and resale supply stays tight.

National: Wall Street's biggest home landlords are selling faster than they are buying for the first time in years. Eight large operators sold a net 3,011 more homes in Q2, up 408% from a year ago, as a proposed federal ban on institutional buying rattles the model. Good news for regular buyers if it holds. Meanwhile a few Sunbelt cities are slipping underwater: in Cape Coral to Fort Myers, 11.1% of mortgages now exceed the home's value after an 18.9% price drop. The equity-rich Bay Area sits on the other side of that ledger.

Local board: 2,725 active (down 23 from yesterday), 114 new listings, 223 closed sales. Oakland again led with 26 new on 715 active; Fremont added 12 new on 329 active.

Fremont & Milpitas

• Fremont: 12 new / 329 active
• Milpitas: 1 new / 106 active

I-880 Corridor

• Hayward: 12 new / 262 active
• Newark: 6 new / 116 active
• San Leandro: 4 new / 86 active
• Union City: 5 new / 79 active
• San Lorenzo: 1 new / 20 active

Tri-Valley

• San Ramon: 6 new / 200 active
• Livermore: 13 new / 202 active
• Dublin: 6 new / 190 active
• Pleasanton: 5 new / 146 active

Oakland & Contra Costa

• Oakland: 26 new / 715 active (volume leader)
• Danville: 10 new / 178 active
• Castro Valley: 6 new / 88 active
• Sunol: 1 new / 8 active

S&P 500: 7,537 ▲ 0.72%  |  DOW: 53,055 ▲ 0.29%  |  NASDAQ: 26,121 ▲ 1.12%

Stocks opened the week higher with an unusual guest at the podium: President Trump became the first sitting president to ring the opening bell, doing it from the Oval Office. The S&P 500 rose to 7,537, the NASDAQ climbed 1.12% to 26,121, and the DOW added 0.29% to 53,055. He also plugged Dell (DELL +4.40%) and called himself "a big crypto guy." Elsewhere, Lockheed Martin (LMT -1.45%) agreed to buy submarine-detection firm Ultra Maritime for about $3.4 billion, and Microsoft (MSFT -0.96%) is cutting roughly 4,800 jobs while spinning off four game studios.

One number that captures the mood: the AI boom has minted 90 new unicorns (startups worth over $1 billion) so far this year, a far cry from the 622 created in 2021 (see chart). Money is pickier now, and a billion-dollar valuation is harder to come by.

US 10-Year: 4.49% ▲ 0.01%  |  Gold: $4,157 ▼ 0.25%  |  Silver: $61.36 ▼ 1.03%  |  Brent: $72.64 ▲ 0.90%

Metals eased off recent highs. Gold slipped 0.25% to $4,157 and silver gave back 1.03% to $61.36, while the 10-year Treasury yield held at 4.49% and Brent crude firmed 0.90% to $72.64.

The big personal-finance story is student loans. Servicers are notifying more than 6.9 million borrowers that the SAVE plan is ending, and they have 90 days to choose a new one or be moved to the pricier Standard Plan. With about $1.7 trillion in federal student debt across 43 million borrowers, the reshuffle touches a lot of household budgets, and by extension how much buyers can carry toward a home.

BTC: $63,301 ▼ 1.09%  |  ETH: $1,781 ▼ 0.90%  |  XRP: $1.12 ▼ 1.73%

Crypto caught a headline bid. President Trump called himself "a big crypto guy," and the market read that as a friendlier regulatory wind, giving Bitcoin a lift after a rough week. Bitcoin sat at $63,301, Ether at $1,781, and XRP at $1.12. On the flip side, Strategy (MSTR), the largest corporate Bitcoin holder, is now about $11.4 billion underwater on a stash that cost $63.7 billion, a paper loss unless it sells.

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.