PPI, CPI & three under contract | Sep 2026

Happy post-Labor Day week!

I hope you had a fantastic long weekend. Our family spent it in Reno, NV at the Grand Sierra Resort for a baseball tournament. The boys had a blast, and watching the team bond is always the best part. A group of the kids and parents tried out the Sensology experience on Sunday night and loved it—if you ever get the chance, we highly recommend checking it out!

Here is what is happening in the market and across our local listings this week:

Economic Watch & Mortgage Rates

• Big Inflation Reports Ahead: We have a major week of economic data with the Producer Price Index (PPI) on Thursday and the Consumer Price Index (CPI) on Friday. These reports will set the stage for the Federal Reserve’s upcoming September interest rate decision.

• Buyer Demand Bump: Despite higher interest rates, mortgage purchase applications surprisingly ticked up by 0.8% last week. While small, it is a positive sign.

• Seasonal Trend to Watch: Interestingly, this same week last year kicked off a consecutive weekly increase in buyer activity that lasted well into October. We will see if history repeats itself this fall!

Listing Updates Despite high mortgage rates, our local listings are moving quickly! We currently have three homes under contract:

• Closing Day: One home is wrapping up final funding and official recording with Placer County to close in the next 24 to 48 hours.

• In Progress: Our two other pendings are moving along smoothly. Inspections were just completed on our newest pending sale, and we expect contingency updates in the next day or two.

• Featured Spot: Scroll down for the lowdown on our latest featured listing in Parkway Estates!

Have a great week, and I’ll catch up with you next Wednesday!