Dear Monica: Now that the holidays are over, how does the new year look for real estate? Jim C.
Dear Jim: The signs are that the first part of 2026 will be good for real estate. At the moment, inventory is very low and of the properties on the market in Menlo Park, for example, more than half are condominiums and townhouses. There are only a few houses being offered as yet but there will be more as the market picks up. Interest rates have declined somewhat and if this results in lower mortgage interest rates, this will help buyers who are looking to buy this year.
While we can’t predict the future market, it looks like it will be good.