Sacramento Market Update 2.8.2023

by Paul Peletta

 
 
The jobs report came out this past Friday.  It was a great number for our economy.  A bad number for mortgage interest rates, but I'm not rooting against America and our people for lower mortgage rates.  At the same time, a strong worker economy means a housing crash is not possible.  Our workforce remains a strength, supply remains low and housing prices are sustaining.  Buyer demand is present even at these levels between 6-6.5%.  We'll see how things continue to shakeout, but as of now Spring is still looking very good.  As long as the numbers makes sense for you, then buying or selling makes sense at these levels.  Reports around the brokerage are open house attendance has been strong.  I'll be having my own open houses this weekend on Friday and Saturday, so I'll be able to report my own numbers.  No Sunday, as it is Super Bowl Sunday, and that is one of the slowest days of the year.
My listing is the highlight for this month's listing highlight.  It's a wonderfully maintained home in the Parkway Estates neighborhood, and a pool.  If you have friends or family looking for a quality home in a great neighborhood and great price, please send them my way!
Have a great week!

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

Listing Highlight

Fresh and move-in ready, this well-maintained Parkway Estates neighborhood home offers 3 bedrooms, 2 bathrooms, and a Pool! Fresh exterior paint highlights the beautifully landscaped front and rear yards giving great curb appeal. This home is located on one of the most sought-after interior streets in the neighborhood. It has been updated over the years giving you the best of mid-century vibes with some modern updates.  Your new home is located in the Sac Unified School District, 8 mins to Delta Shores shopping and dining, and close to public transportation. Any buyer would be excited to call this property their own.

  Listed at $420,000 by Paul Peletta - GUIDE Real Estate
4729 D Pkwy, Sacramento

Let me know at paul@guiderealestate.com

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