Sacramento Market Update 09.20.2023

FOMC Meeting is later this morning.  This will be the sixth meeting of the year with two to go.  This meeting can have a substantial impact on the bond market and thus mortgage rates.  I will be watching and listening closely tomorrow.  I will have more to report next week, which will allow the initial reactions to play out and then monitor how the dust settles.  Not much has changed in the market.  Inventory is still low, and the low inventory is still getting picked up by the buyers that are actively looking and can afford this market.

I will leave these Infographics to show some differences we are seeing from M2M and YoY.

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