Sacramento Real Estate News
Sacramento
U.S. Mortgage Rates Dip Below 7 Percent, First Time in 5 Weeks
Based on Freddie Mac's latest Primary Mortgage Market Survey for the week ending May 23, 2024, the 30-year fixed-rate mortgage averaged 6.94 percent.
Florida Dominates Top 10 U.S. Cities List to Invest in Short Term Rentals
Based on a new study from Clever Real Estate in collaboration with Rabbu.com, Tampa is the best U.S. city to invest in short-term rentals, while San Jose, California, is the riskiest short-term rental market in America.
U.S. Annual Home Price Growth to Slow to 2.6 Percent by Year End 2024
Based on CoreLogic's latest Home Price Index January 2024, year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.
California Home Sales Uptick 6 Percent Annually in January
Based on new data from the California Association of Realtors, the State of California existing home sales rebounded in January 2024 to the highest level in six months as mortgage rates pulled back sharply at the end of 2023.
