I hope everyone enjoyed their  weekend.  The weather has been really nice, I hope it's a preview of the summer to come.  I'm not interested in four straight days over 110 degrees again.
We had a good weekend of baseball and hanging with friends and family.  Our family is getting our first taste of All-Star baseball with my son, Peter.  Oh boy, we are in for a busy month of June.  I've included the link for the state tournament towards the end of the month right here in Elk Grove if you have any interest.
This weekend also consisted of work for me.  I had a listing go live last Thursday in West Sacramento.  Wow, it was a busy and active weekend.  There were lots of groups out and about touring the open homes this weekend despite the holiday.  This is very telling for me, as it shows me that buyers are beginning to accept these higher rates.  Is this a case of the devil I know vs. the devil I don't know?  Meaning, we know interest rates are back over 7%.  We also know we are still below the average mortgage rate over the last 30 years.  So, with that said, the devil we don't know is how competitive will the buyer market become if rates do take a dip back under 6%?  A highly competitive market is not fun for buyers.  Ask anyone that got discouraged from the buying market back in 2021.  Brutal.
If you know you want to buy, this is the only question that matters...Does the potential mortgage payment work?  If so, get things moving with an agent that is going to work hard for you.  If not, then take a break.

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