Sacramento Market Update 10.23.2023 - Let's see the numbers
View this email in your browser The market is balanced and still stuck. As of now, NAR expects total US home sales to breach four million, but just barely. The last time that amount of homes moved nationally was 2008. We are working from really low levels, and until a shift in balance happens
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Sacramento Market Update 10.18.2023
View this email in your browser We got our monthly numbers from August to September. You'll notice only a modest uptick in total active listings. Pending and Closed sales are ticking down as sales volume gets sucked out of the market due to interest rates near 8%. The average DOM (days on mar
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Sacramento Market Update 10.11.2023
View this email in your browser Well, that's odd, interest rates hit their highest levels last week and inventory barely budged. This is a combination of homes still being put into contract at these prices, and new listings not showing up, as sellers continue to remain on the sideline. Mortgag
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