Blog

If you've been anywhere near real estate social media lately, you've heard the pitch: "marry the house, date the rate." Buy now, refinance later, don't miss out. On our latest live market update, we wanted to push back on that a little, because the truth is nobody knows when, or if, refinancing is going to make sense in the near future. Rates just touched 7.24% on the 30-year fixed, and we're heading into a midterm election year that's going to make forecasting even messier than usual. So instead of telling you to buy or not to buy, we want to do something more useful: walk through what we're actually seeing in the Sacramento market right now, and what it means whether you're buying, selling, or just watching from the sidelines. Our long-standing rule still applies here: time your life, don't time the market. Look at your job security, your savings, and whether you actually need to move, not at what a headline says rates are about to do. 

If you've been watching the Sacramento market this summer and wondering whether it's finally cooling off, the honest answer is: a little, but not in the way the headlines make it sound. August numbers are in, and when you put them side by side with July — and with August of last year — a clear picture emerges. This is a market that's slowing down for entirely normal, seasonal reasons, not one that's falling apart. Here's what the data says, what it actually means if you're buying or selling in the Sacramento area, and why the "official" read on this market might be more favorable to buyers than it looks at first glance.