Here’s What the Data Tells Us
With rising interest rates, inflationary pressures, and constant headlines, it’s understandable why some might worry that the housing market is on the verge of a downturn. But before jumping to conclusions, let’s take a closer look at the facts — both nationally and here in San Carlos.
Local Inventory Trends Tell a Story of Opportunity — Not Collapse
Over the past three weeks, we've been tracking a consistent rise in inventory in San Carlos and surrounding markets — a normal seasonal trend as sellers prepare for the prime spring and early summer selling window. This increase is not cause for concern; rather, it's a healthy sign that more homes are hitting the market to meet buyer demand.
Homeowner Equity Is at Record Highs
Unlike the 2008 crash, today's homeowners are sitting on significant equity. That means fewer distressed sales and foreclosures — and more financial flexibility for sellers who need to make a move.
Lending Standards Are Much Stricter
If you bought a home in the last 10 years, you know: getting a mortgage isn't easy. And that's a good thing. Lenders today are far more conservative than they were in the lead-up to the 2008 crisis, which has helped keep the market stable.
Carlos and surrounding markets — a normal seasonal trend as sellers prepare for the prime spring and early summer selling window. This increase is not cause for concern; rather, it's a healthy sign that more homes are hitting the market to meet buyer demand.
Homeowner Equity Is at Record Highs
Unlike the 2008 crash, today's homeowners are sitting on significant equity. That means fewer distressed sales and foreclosures — and more financial flexibility for sellers who need to make a move.
Demand Is Still Strong, Even with Higher Rates
Yes, mortgage rates, but buyers are still active — especially in desirable neighborhoods like San Carlos. Homes priced correctly and presented well are still selling, and in some cases receiving in multiple offers.
San Carlos Remains a Standout
Our local data reflects what we're seeing on the ground: strong buyer interest, limited inventory, and continued price stability. If anything, we're heading into the sweet spot sellers. As we've said in our recent Market Monday updates — if you’re considering a move, the next couple of months may be your best window to capitalize.
Bottom Line
The national conversation about a housing crash is missing a key point: today’s market is fundamentally different from 2008. In fact, what we’re seeing is a correction toward more normal conditions — and that’s a good thing.
If you’ve been thinking about buying or selling, let’s talk. At Heckenberg Realty, we don’t just sell homes — we practice real estate. That means guiding you with real data, deep experience, and a commitment to your long-term goals.
