Sacramento Market Update 9.04.2024
View this email in your browser Well, I guess buyers are choosing to play with fire. Inventory notches down again despite lowered interest rates, and purchase applications were only barely positive at 0.92%.Why do I say playing with fire? Interest rates are down a whole percentage point lo
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Sacramento Market Update 8/28/2024
View this email in your browser Well, my fine readers of this newsletter, we made it. As of last Friday, in beautiful Jackson Hole, Wyoming, Mr. Powell all but guaranteed we should expect the first Fed rate cuts in September, followed by a couple more to end 2024. There are three meetings
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Sacramento Market Update 8.21.2024
View this email in your browser Wow. How far we've come on interest rates. My clients buying a home in Vacaville just locked in 6.625% conventional 30yr with only 10% down payment, and no rate buydown, just straight rate lock. We've come a long way. Refinance applications are up over 35% WoW
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