Rates cross 7% & Portsmouth close | Sep 2026

by Paul Peletta

Finally, Fall is here!

Football is in full swing, basketball training camp is right around the corner, and hockey is back. Unfortunately, that means baseball is wrapping up—well, Giants baseball at least! Still, October is easily the best sports month of the year with playoff baseball, football, basketball, and hockey all overlapping. Absolute music to my ears.

You know what’s not sweet? Mortgage rates crossing the 7% barrier.

Higher rates naturally make buying a home more expensive, which means buyers need a crystal-clear number and a solid plan before jumping into the market:

  • First-Time Buyers: If you know someone considering their first home, send them to my First-Time Buyer’s Page. It breaks down what to expect in an agent consultation, key questions to ask, and red flags to watch for.

  • Repeat Buyers & Upgraders: If you know an experienced buyer feeling stuck or getting generic service, send them to my guide on Why Sacramento Buyers Switch Realtors. It breaks down why second-home buyers and move-up buyers need a custom strategy—not just automated listing alerts.

  • Relocating Retirees: If you know a retiree looking to downsize or move back to the Sacramento area, refer them to my Relocating Retirees Page.

Preparation is everything in today's market. While the majority of my business this year has focused on helping sellers, I am always available to guide referrals from my family and friends.

Speaking of sellers, I had another successful listing close earlier this week!

Some sales are straightforward, but others come with unique variables and plenty of unknowns. 3220 Portsmouth Dr was one of those complex properties that required absolute discipline, adaptability, and steady guidance to cross the finish line.

Navigating a nuanced sale isn't just about closing escrow—it’s about relieving stress for my clients, limiting their financial burden, and giving them the peace of mind needed to confidently start their next chapter.

See you in October!

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