Sacramento Market Update 3.22.2023
We got the moves in interest rates we were looking for to the downside. Is there more room to go? I sure hope so, but it's hard to tell with this ongoing banking crisis. We'll need to keep a watch on how that dust settles before we can really assess where we can go from here. There's just so
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Sacramento Market Update 3.15.2023
Whoa, what a way to end the week last week. I assume you saw the news of the largest bank since 2008 to collapse, Silicon Valley Bank (SVB). The purpose of this newsletter isn't to discuss hot news, but this news does and has affected the real estate market. Since the bank failure, the 10 yea
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Sacramento Market Update 3.08.2023
I wish I could show you the email alerts I get throughout the day. Everyday more homes are going pending despite interest rates near 7%. Yes, most of the action is happening on homes priced below $550,000, but can you imagine what that means when rates drop back below 6.5, 6.25, 6%? (See the m
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