The Bay Area Real Estate Journal — Local Real Estate Intelligence for Bay Area Homeowners, Buyers, Sellers and Investors
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The Latest
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Video
Big Yen Spike Leaves Traders Guessing On Intervention
Omar’s Take on the Market
A Dream Home, a Starter Budget, and 5 Million Views
A video I posted just days ago has now passed 5 million views. I have been making videos for a long time, and not one of them has ever done this. It still does not feel real.
The setup was simple. I am sitting in my car with a client walking through their wish list. Two stories. A lot of windows. Five bedrooms. A pool. A lake view. As they describe the dream, an AI image of that exact house sits behind me. Then the numbers come out. No down payment, so they need 100 percent financing. Two thousand dollars a month in income. A budget of $150,000. And with every sentence, the house behind me shrinks. The mansion becomes a normal house, then a small house, and by the end it is a trailer.
Here is what the video was not. It was not me laughing at someone for wanting more. I wrote it in the caption and I will write it again here. My job is not to laugh at the dream or to crush it. My job is to listen, understand what matters most, and build a roadmap to get you there. Where we start is usually not where we finish. Your dream home may not be your first home. But you have to start somewhere.
What the comments were really saying
I expected people to laugh at the joke. Instead, 3,000 comments turned into a conversation about how expensive housing has become and how far out of reach the dream now feels. People were not mocking the client. They were the client. The message I keep getting is that affordability has hit a breaking point, and I will not pretend the market is cheap. It is not. Our own June market report showed East Bay homes selling in a median of 13 days with inventory down more than 20 percent from a year earlier. Tight and expensive is the real backdrop to that video.
But I have had a lot of conversations with clients in their 60s and 70s. When they bought their first home for fifteen or twenty thousand dollars, it did not feel easy to them either. It felt like a stretch they were not sure they could make. Almost everyone who has ever bought a home reached a moment where they had to push further than felt comfortable.
Push yourself, do not choke yourself
That is the line I have used with clients for years. Push yourself, do not choke yourself. A home is not only an expense. It is an investment in your income and in your family’s future. Building real wealth through real estate has always been a real option for ordinary people, and the earliest lesson I give anyone is this: do not wait to buy real estate. Buy real estate and wait.
I have sat with people who were certain ownership was impossible, who had paid rent for years, and who could have owned a long time ago. If they had started when they first wondered about it, they would be sitting on years of equity now instead of years of rent receipts.
Start somewhere
So this is my message to anyone who saw the video and felt that gap between the dream and the budget. There is real power in simply getting information. Book a consultation. Find out what your actual options are, not what you assume they are. Maybe it starts with a condo or a one-bedroom. Maybe the bigger house comes later. Everyone starts in a different place, and that is fine.
Have a goal and hold onto it, because if you do not have a goal you will never reach it. Dream big. We will figure out the path together. You just have to start somewhere.
@theomarmurillo IG: @TheOmarMurillo Sometimes our first conversation starts with a dream home… and a starter-home budget. 😅🏡 That’s okay. My job isn’t to laugh at the dream. My job is to listen, understand what’s most important, and build a roadmap to get you there. Sometimes where we start isn’t where we finish… but I’m with my clients every step of the way. 🤝 Dream big. We’ll figure out the path together. #OmarSellsTheBay #BayAreaRealEstate #HomeBuying #FirstTimeHomeBuyer #DreamHome
Watch it on TikTok if the player does not load.
Omar Murillo is a broker and co-founder of Everhome Real Estate, serving Fremont, the Tri-City area, and the greater East Bay since 1998. To talk through your own path to ownership, reach him at 510-552-6111. California DRE #01244077.
Mortgage Rates & Markets
30-Yr Fixed Mortgage
6.66%
▲ +0.01
Weekly avg · Freddie Mac PMMS · As of Aug 27, 2026 · 12-month trend
15-Yr Fixed Mortgage
5.98%
▲ +0.03
Weekly avg · Freddie Mac PMMS · As of Aug 27, 2026 · 12-month trend
10-Yr Treasury Yield
4.79%
▲ +0.04
Daily · U.S. Treasury · As of Sep 1, 2026 · 12-month trend
East Bay
Meta to pay $17 billion — and limit ‘likes’ for teens — in social media settlement with states
California will get over $2 billion from Meta as part of a proposed settlement in a 47-state social media addiction case. The trial kicked…
Oakland families affected most by UCSF decision to move pediatric care across the Bay
A year after taking over Children’s Hospital Oakland, UCSF is transferring some medical services, forcing vulnerable children and their families travel to San Francisco…
East Bay Sellers Face a More Selective Spring Market
Buyers are still buying in the East Bay — they are just choosier. What selectivity looks like on the ground, and how sellers should…
Homebuyers Have More Fresh Options Than They’ve Had in 4 Years
Homebuyers are gaining more power, with new listings jumping and demand flat. Here’s what you need to know about the housing market for the…
Silicon Valley
How Silicon Valley used Main Street’s outrage against California privacy law
Senate Bill 690 promises to stop abusive wiretapping suits against small businesses. Privacy advocates warn it also quietly shields tech giants from major lawsuits.
Engel & Völkers adds high-producing Silicon Valley agent
Dawn Thomas brings more than 22 years of experience and $675 million in career closed sales volume to the brokerage.
Silicon Valley Employment Trends Continue to Shape Housing Demand
Tech hiring, return-to-office policy, and equity compensation remain the three levers that move South Bay and Tri-City housing. A framework for reading the employment…
Florida’s Luxury Market Pulls Away From the Pack, With Miami and Tampa Posting Double-Digit Price Increases
The luxury housing market in parts of Florida is outperforming the U.S. luxury market as affluent buyers flock to the Sunshine State, fueling high-end…
Bay Area Housing Market
Clock is ticking as LA Olympics organizers plan massive spending spree to retool venues
LA28 officials are stockpiling money and preparing to spend it fast. The organizing committee has effectively built a Fortune 500 company in Downtown L.A.
California’s top Democrats struggle but can’t resolve the question of wildfire liability
Gavin Newsom's late-session deal failed in the Legislature. It would have lessened liability for utilities whose equipment causes wildfires. A state Senate compromise never…
California schools are sitting on arts money. A change in law might get them to spend it
The proposed changes aim to allay schools’ apprehension about spending their arts money granted through an initiative voters passed in 2022.
Mortgage & Economy
HECM volume slips in August, with the ‘Big 3’ holding 62% market share
Conversely, HMBS issuance rose to $537 million across 65 pools
Rate adds Chicago-area mortgage leaders, opens Elmhurst branch
Vito Roppo and Nick Ferrante bring $155M in combined production to new branch in Elmhurst, Illinois
California mega team Tafoya Real Estate joins eXp Realty
Fresno-based mega team has roughly 37 agents who closed $87.92M on 172 sides in 2024 and 2025
Immigration enforcement tightens squeeze on homebuilders’ job sites
NAHB says the industry must recruit 723,000 workers annually as builders push the Dignity Act and trades training
Market Analysis
East Bay Housing, June 2026: A Tight, Fast Market Meets Rising Rates
East Bay single-family homes sold in a median of 13 days in June 2026 as inventory fell more than 20% year over year and…
What Bay Area Sellers Should Do Before Entering the Market
Omar Murillo’s working checklist for the eight weeks before a Bay Area listing goes live — the preparation sequence that consistently changes outcomes.
California kills bill regulating Flock cameras even as public rage grows
The California Legislature has failed several times since 2022 to regulate technology for automatically tracking vehicles — even as examples of abuse mount. This…
Video · Bay Area Real Estate
Big Yen Spike Leaves Traders Guessing On Intervention
3710 Smith St. | Union City CA. 94587
Selling
Video: August 31, 2026, Economic and Housing Market Outlook
The August 31, 2026 Housing Market Outlook video gives you the info you need to know to navigate the housing market as a homebuyer,…
How to protect military buyers when the home tour is a video call
Agents must vet neighborhoods, flag condition risks early, and explain VA offer strength to sellers.
Seller Choice Comes To Seattle
A new Northwest MLS policy will give Seattle sellers much-needed flexibility in how they market their homes In a historic first for the region, homeowners in the Seattle…
Video: August 24, 2026, Economic and Housing Market Outlook
The August 24, 2026 Housing Market Outlook video gives you the info you need to know to navigate the housing market as a homebuyer,…
Buying
Florida homebuyers can breathe easier as insurance market rebounds
Nearly 20 insurers entered or reentered Florida after 2022 and 2023 reforms, easing quoting and closing challenges.
New Listings Hit 4-Month High While Demand Slips, Giving Serious Buyers Chance to Get a Deal Done
More homes are hitting the market, but fewer buyers are purchasing them, giving house hunters an opportunity to negotiate prices and ask for concessions. …
The scarcity pitch for private listings leaves out the key condition
Studies show that when buyers cannot see supply or terms, serious bidders may not enter and expected price can fall.
With Buyers Firmly in the Driver’s Seat, Home-Purchase Cancellations Hit Highest Level in Nearly 3 Years
14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power. Home-purchase cancellations are most…
Investing & 1031 Exchanges
Rental Search Patterns Offer a Window Into Where Relocation Demand May Be Heading
New Zillow data tracks where prospective renters are browsing before they commit to a new market The post Rental Search Patterns Offer a Window…
Missing middle multifamily starts backslide amid zoning headwinds
NAHB: 2- to 4-unit starts drop 24% year over year as zoning curbs ‘light-touch’ density
Charlotte is America’s most pet-friendly rental market
Zillow's ranking of the most pet-friendly rental markets puts Austin in second, just a whisker from the top The post Charlotte is America’s most…
Home Design & Property Preparation
A raft of California housing bills heads to Newsom; here’s what’s new
Measures span ADU fees, permitting timelines, infill townhomes, high-rise zoning near transit, and look to alleviate entitlement risk
UC should examine how it sorts students by campus
New students are pegged by the informal hierarchy of UC campuses, affecting resources, faculty credentials, graduation chances and future earning ability.
Home Depot, Lowe’s: remodeling idles as big projects lag
While home repair and maintenance demand remains steady, consumers stall large, discretionary remodeling projects
Redfin Brings Childcare Information to Home Listings
Home searchers can now see nearby daycare and preschool options from Winnie directly on Redfin, making it easier to understand whether a neighborhood works…
Listings · Omar Murillo & Everhome Real Estate
220 Yosemite Dr, Livermore
$1,275,000
4 bd · 2 ba · 1,561 sqft · Remodeled single-story in Summerset
674 Selby Ln Unit 4, Livermore
$1,049,950
4 bd · 3.5 ba · 2,190 sqft · Vineyard-view townhome in the Montage community
Listings courtesy of Everhome Real Estate, DRE #02014153. Information deemed reliable but not guaranteed.
Neighborhood Guides
Fremont Real Estate
Districts, schools, pricing patterns, and what moves the Fremont market.
Mission San Jose Real Estate
One of the East Bay’s most sought-after school-driven markets.
Newark Real Estate
Value, commute access, and a changing buyer profile in Newark.
Union City & More — Coming Soon
[PLACEHOLDER: Add Union City, Hayward, Castro Valley, Danville, and San Jose guides as they are published.]
About the Publisher
Full Profile
Omar Murillo
Broker & Co-Founder · Everhome Real Estate · CA DRE #01244077
Omar Murillo is a Fremont native and Bay Area real estate broker with 28 years in the business, and co-founder of Everhome Real Estate, an 18-agent brokerage serving the SF Bay Area and Silicon Valley. He covers the Fremont, Tri-City, East Bay, and Silicon Valley housing markets with particular focus on listing strategy, property preparation, and negotiation.
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