Sacramento Weekly Market Update

Sacramento Market Update 7.12.2023

    I mentioned last week was packed with lots of economic jobs data.  The data that came out could be confusing and it definitely affected the bond market, which as a reader of this newsletter, we know to watch the 10yr bond yield.  The 10yr bond yield is closely tied to the 30yr mortgage rate.  As

Sacramento Market Update 7.5.2023

    Welcome to July, friends. I hope you had an awesome and safe 4th of July - Independence Day! Well, nationally, we've officially gone negative on inventory YoY as of this week.  There were only 5,000 new active homes last week in the whole nation. Bonkers.  There was 30,000 this same time last ye

Sacramento Market Update 6.28.2023

  Welcome to a special 5th week of June newsletter.  Share this email with someone who may be interested or could use it, and you could be chosen for a $25 gift card.New construction homes are where the action is at right now.  New home sales are far outpacing existing home sales.  I spoke about thi