"At a Glance" Local Housing STATS and News 07/09/26

30-Year Fixed: 6.68%  |  15-Year Fixed: 6.22%

The 30-year fixed ticked up to 6.68% and the 15-year to 6.22%. Rates in this range keep the lock-in effect firmly in place, and nearly 80% of homeowners still carry a mortgage below today's levels, so most stay put and resale supply stays tight.

National: The market is locked in a standoff. Goldman Sachs now expects home prices to rise just 0.8% by the end of 2026 as would-be buyers wait for a break that is barely coming. One fresh face at the table: Gen Z buyers made up about 20% of purchase rate locks last week, leaning on FHA loans and family down-payment help to get in.

Local board: 2,777 active (up from 2,724 yesterday), 197 new listings, 198 closed sales. Oakland again led with 40 new on 715 active; Fremont added 19 new on 334 active.

Fremont & Milpitas

• Fremont: 19 new / 334 active
• Milpitas: 2 new / 112 active

I-880 Corridor

• Hayward: 13 new / 266 active
• Newark: 11 new / 115 active
• San Leandro: 8 new / 87 active
• Union City: 4 new / 75 active
• San Lorenzo: 0 new / 19 active

Tri-Valley

• Livermore: 23 new / 218 active
• Dublin: 14 new / 191 active
• Pleasanton: 12 new / 152 active
• San Ramon: 8 new / 197 active

Oakland & Contra Costa

• Oakland: 40 new / 715 active (volume leader)
• Danville: 30 new / 193 active
• Castro Valley: 12 new / 95 active
• Sunol: 1 new / 8 active

S&P 500: 7,482 ▼ 0.28%  |  DOW: 52,348 ▼ 1.09%  |  NASDAQ: 25,870 ▲ 0.20%

Stocks finished mixed as investors weighed fresh Middle East uncertainty. The S&P 500 eased 0.28% to 7,482 and the DOW fell 1.09% to 52,348, while the NASDAQ bucked the trend, up 0.20% to 25,870. Levi's (LEVI -1.18%) topped expectations, selling more product even after raising prices, and lifted both its dividend and its outlook.

SpaceX (SPCX -0.81%) went the other way. After a red-hot IPO debut that briefly made Elon Musk a trillionaire on paper, the stock has slipped below its offering price on worries it is spending too heavily on AI, with newly unlocked early shares adding to the pressure.

US 10-Year: 4.57% ▲ 0.01%  |  Gold: $4,110 ▲ 0.68%  |  Silver: $60.36 ▲ 1.60%  |  Brent: $78.66 ▲ 0.82%

The Fed is split. Policymakers held rates steady last month but are now openly divided on what comes next, with the latest projections pointing to just one move this year. The squeeze on households shows up in the driveway: the typical new-car payment just hit an all-time high of $770 a month, up 2.9% from a year ago.

That debt pile keeps growing: outstanding auto loans now sit at a record $1.66 trillion. In the markets, the 10-year Treasury held near 4.57%, gold firmed to about $4,110, and silver pushed up to $60.36 (still up roughly 65% over the past year), while Brent crude added 0.82% to $78.66.

BTC: $61,845 ▼ 0.63%  |  ETH: $1,730 ▼ 0.69%  |  XRP: $1.08 ▼ 0.62%

Crypto slipped across the board, with Bitcoin off 0.63% to $61,845, Ether down 0.69% to $1,730, and XRP off 0.62% to $1.08. The mood shift shows in where the money is going: Paradigm, one of crypto's best-known venture firms, just raised a $1.2 billion fund aimed at AI and robotics rather than tokens. On the caution side, scammers drained roughly $56.8 million from about 1,200 victims last year using crypto kiosks, often targeting older people.

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.