Interest Rates, Inflation, Stock Markets and many more!

Interest Rates, Inflation, Stock Markets and many more!

  • Alexander Fromm Lurie
  • August 15, 2023

Latest average interest rate data: daily and weekly calculations -  Still bumping along in the vicinity of 7%. Markets seem somewhat bemused by the variety of indicators coming out recently.





The latest forecast from NAR on interest rates, from a presentation by Lawrence Yun, NAR chief economist on 8/2/23. Personally, I don't trust interest rate forecasts.



Inflation index rates - released today - basically remained stable in July, with the general index ticking up slightly and the core index ticking down slightly: 



Stock markets:  Short-term volatility is common. 



National percentage of all-cash purchases. (Sorry, I don't have local data on this.) 



Bay Area foreclosure rate - as of Q1 2023, still close to zero. Thank you, long-term, fixed-rate mortgages.



Selected Q2 "metro-area" median single family home sales prices around the country, and their year-over-year appreciation/depreciation rates. Note that metro areas can cover multiple counties, and sometimes parts of several states, so they are very, very general measurements. The "San Francisco Metro Area" covers five Bay Area counties (including Marin, Alameda, Contra Costa, San Mateo); the "San Jose Metro Area" covers 2 counties (Santa Clara and, oddly, San Benito).



Average national rent appreciation: 

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Meet Alexander Fromm

Alexander Fromm Lurie | Founder | Real Estate Advisor is a highly accomplished San Francisco real estate professional and the leader of The Lurie Group, a top-performing team recognized among the top 1% of agents in the city. With over a decade of experience in the real estate industry and California DRE License #01952347, Alexander has built a reputation for delivering exceptional results, with hundreds of homes sold and over $1 billion in total sales volume. Born and raised in San Francisco, he brings deep local expertise, generational knowledge of the Bay Area, and a strong connection to the community into every client relationship. His approach goes beyond transactions—focusing on helping clients build meaningful connections to neighborhoods, schools, and local culture while navigating the buying or selling process with confidence.

Alexander’s background in management consulting and entrepreneurship further strengthens his strategic approach to real estate, allowing him to provide clients with a competitive edge in pricing, negotiation, and marketing. Known for his integrity, discretion, and client-first mindset, he continues to be a trusted advisor for buyers, sellers, and investors across San Francisco’s dynamic real estate market.

Alexander Fromm Lurie

Founder | Real Estate Advisor
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