This housing market is running out of homes. Its twin is drowning in them
Inventory compression is amplifying that pressure. Total supply in San Francisco fell 18% year over year in July, the steepest decline in the nation, while the typical home sold in 20 days, three days faster than a year ago.
AI-sector workers in the Bay Area command average annual salaries of $195,142, a concentrated pool of creditworthy borrowers whose geographic movement is reshaping origination opportunity.
AD Mortgage’s latest survey, highlighted by Michelle Parkison, found that relationship management, communication, and trust continue to rank ahead of technology skills as the key drivers of long-term success in the mortgage industry.https://t.co/MUMrRZjwLq
— Mortgage Professional America Magazine (@MPAMagazineUS) August 31, 2026
Seattle’s inventory surge signals a buyer’s market
Seattle’s picture is the inverse. Major employers, such as Amazon, Microsoft, Meta, and Expedia, have shed thousands of workers in the past year, and the anxiety around job stability is keeping would-be buyers on the sidelines.
Active listings rose 17% year over year in July, the largest increase in the country. Pending sales fell 15.6%, the worst figure nationally. The metro now has 65% more sellers than buyers.
“Layoffs in the tech world are dampening homebuying demand in the entire area,” said Sheryl Wingate, a Redfin agent in the greater Seattle area.
