Sacramento Market Update 12.28.2022

by Paul Peletta

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I hope everyone had a blessed holiday weekend.  We were busy celebrating all three days of the three day weekend across multiple locations.  That's what happens when your mom is one of ten, and mother in law is one of eight.  Our kids had a blast, and we were able to see a lot of family we don't normally see or get to spend time with so our hearts are full for sure.  The wild thing is how fast it all goes by, I swear it was just Christmas 2021.  It will only go faster I'm told.  I'll continue my pursuit to be more in the moment and waste as little time as possible doing the things I want to do and with the people I want to do those things with.  If you are on a similar pursuit, I wish you the best and look forward to any tips we can share.  At this time next year, what will you be thankful you spent time on during the next 12 months?

On the real estate front, as I've stated the last few weeks, December is quite slow.  Active homes for sale are down 18% from month over month (MoM), closed sales are down 19.7% and pending sales down 23.5% across the greater Sacramento area.

On a personal business note, last Friday I was able to close a sale in West Sacramento that secured 100% growth in my real estate business YoY.  My goal is to do the same in 2023.  I will need some help getting to 16 transactions, so if you know a friend or family member with some real estate goals for the New Year, I would love to be a resource for them and treat them like family.
 

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