Sacramento Market Update 11.22.2023

by Paul Peletta

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A quick real estate thought for the weekend and conversation around the table:
Interest rates have made their move lower, the key now will be duration.  Lower rates will spur more demand, outstripping any uptick in supply.  I expect to see a busy Spring.  Anyone thinking about buying in this market needs to be prepared now, and needs to be okay with the monthly payment for multiple years over everything else.
Finally, If you've been interested in house hacking or owner occupying a multifamily property please check out the article of the week down below.  This a huge development and opens the door to many that are okay living in a duplex, triplex or quadplex.

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

Happy Thanksgiving!

 

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