Sacramento Market Update 3.1.2023
Welcome to March! I have a few points on my mind this week. There's been a lot of data to digest, so here we go. A really important first point is that FHA loans will be changing a bit starting on March 20th. The MIP (Mortgage Insurance Premium) will be reduced by 0.3% of the total loan amou
Read More
Sacramento Market Update 2.22.2023
What a difference a week makes. As I mentioned last week, the CPI report could change things for better or worse. They didn't get better, but it remains to be seen how much buyer demand will change. We shall see. Mortgage rates are back close to 7% again. This is not ideal to maintain the m
Read More
Sacramento Market Update 2.15.2023
Welp, it's confirmed, buyer demand is back. The question is for how long? Interested buyers flooded my open house this past weekend and we've received six offers in 5 days. I expected to see this, but interest rates are not playing along as of now. As I type this, my lenders have already sen
Read More
Categories
Recent Posts
