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Sacramento Market Update 1.31.2024

View this email in your browser         The first big week of 2024 for economic data is here as we will get the main job number reports, as well as our first FOMC meeting with Mr. Powell.  January has started out pretty slow with mixed signals, and nothing so far to tip the scales in any one directi

Sacramento Market Update 1.24.203

    Operation get the real estate market out of snail mode.  The slow start out of the gate is most likely the uptick in interest rates we've seen so far, and because we live in California, we can't blame it on nasty, freezing weather.  Interest rates were back at 6.92% as of yesterday.  This isn't

Sacramento Market Update 1.17.2024

View this email in your browser     You can really see seasonality play out in December as I pointed it.  Seasonality in real estate is a very real thing, and we can see it clearly in the market update numbers below.  Active listings, pending sales, closed sales all down.  Average days on market inc