Stubborn, stubborn, stubborn.  The 10yr yield continues to be stubborn amongst all the economic data that has been coming out and continues today.  We have CPI numbers being reported this morning and the FOMC rate update and decision on the same day.  Today is very likely to be a volatile day for the 10yr yield.  Thursday morning will provide some new clarity on the 30yr mortgage rates, so let's see how all the information is digested in the markets before rushing to judgment. 
On the real estate market side, not much has changed from last week.  We continue to get new listings to the market and older, mispriced homes staying on longer.  This provides a lot of opportunity for those willing to sift through inventory.  Here's the thing, not only am I sifting through searches for my active clients every morning, but I am also sending out close to 100 letters per week to targeted homes in their preferred neighborhoods trying to get something off market before it even hits the open competition.  There's levels to this game, and who you work with matters.

I will be attending Tom Ferry's Roadmap Tour tomorrow.  I plan on learning a lot, and look forward to implementing even more innovative strategies for both seller and buyer clients.

See you next week for the monthly market update!


What are you seeing or hearing? I'd love to know paul@guiderealestate.com
Visit www.paulpelettarealtor.com

Beautifully Maintained 3 bedroom, 2.5 bath, 2057 sq ft, Single Level Home on 7.23 acres. Home shows pride of Original Owners. Enter Through Gaited Entry to Abundant Parking & Huge Circular Driveway with Side Entry to Oversized, Deep 2 Car Garage with Additional Workshop & Workbench to the Side. Useable Rear Yard with Lawn, Fire Pit, Horseshoe Pit, Tree Swing, Outbuilding with Power & Year Round Irrigation Water. Plenty of Useable Space for Animals, Parking Equipment & Toys. Large Living Room Boasts Vaulted Open Beam Ceilings, Built-in Cabinets, & Gas insert Fireplace. Sunny Open Kitchen with two Pantries, Coffee Bar, & large Dining Bar. Dining Room, & Master Bedroom Have Access to Rear Deck to Relax, Enjoying Morning Coffee or Dining While Viewing Gorgeous property with Cedar, Dogwood, Crepe Myrtles, Maples, Flowering Cherry & Plum Trees. Both Master Bath & Guest Bath Have Been Recently Updated. Convenient to I-80, Nearby Lakes, Rivers, & Trails for Recreation & Outdoor activities & Only 3 Miles to Rollins Lake!

  Listed at $669,000 by Cyndi Domenici - GUIDE Real Estate
26145 Green Acres RD, Colfax, CA 95713

Know someone who may be interested? Let me know at paul@guiderealestate.com

*These rates are courtesy of Dara Delgado - Home Loans*