April has certainly started off with a bang.  Ever since "Liberation Day" on April 2nd, we've had some wild swings in markets.  If the intended goal was to bring down the 10yr yield rapidly then that goal was met as of last Friday when we saw a print of 3.85%, which also lead to mortgage rates at or below 6.5%.  This proved to be short lived, at least for now, as of this writing we are back to a 10yr yield of 4.25% and 30yr rates at 6.80%.  It could be the result of many believing the tariffs could be short-lived as deals get negotiated, but it's hard to project world politics and trade.
This is what I do know.  As we entered April, more housing inventory was coming on the market with slightly lower prices.  This on its own is a positive for potential buyers.  If we couple this with potentially lower interest rates then Spring can really start to get cooking.  Remember, the only real lever to be pulled for buyer affordability right now is interest rates, so as they come down, affordability can pick up, and sales growth can follow.
You know what I'll say next.  If you know someone thinking about buying or selling this year, now is a good time to start preparing and asking questions.

See ya next week!


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

Welcome to an extraordinary opportunity in the heart of the highly desirable Del Dayo Estates. This expansive 7-bedroom, 4.5-bathroom home offers a rare blend of elegance, comfort, and thoughtful design, perfect for those who crave both space and style. The moment you enter, you're greeted with warmth and sophistication. The ground-floor master suite is a true sanctuary, featuring two generous walk-in closets, a spa-inspired bathroom, and a private deck that opens to peaceful outdoor views. The heart of the home is the open-concept kitchen a chef's dream, complete with a farmhouse sink, pasta arm, high-end appliances, and a massive island that flows seamlessly into the dining and living areas. Floor-to-ceiling windows in the dining room frame stunning views and lead directly to the heated pool and spa, creating the ultimate indoor-outdoor living experience. Whether you're hosting a sunset dinner or enjoying a quiet morning coffee, the surrounding deck offers views that are truly unforgettable. Outside, an expansive gated driveway leads to a spacious three-car garage, RV access, boat storage. Ideally located near top rated schools, scenic trails along the American River Parkway, and a wide array of shopping and dining, this is more than just a home it's a lifestyle

  Listed at $1,800,000 by Dana L. Miller - GUIDE Real Estate
1191 Jacob LN, Carmichael, CA 95608

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

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