Archives October 2022

Ryan Lundquist

Thanks Ryan! You always have your pulse on the market! And although you are in Sacramento, there is enough resemblance in the market, to make this applicable in Southern California.  

See below to read the full post.

Markets in a Minute

The MBS Highway Survey, which is comprised of roughly 3,000 Mortgage and Real Estate Professionals, was just released for October. There is certainly a slowdown in activity and pricing pressure from September to October, with only 29% of respondents are still citing that their markets are active, while 71% note that it is slower. 5% of those surveyed are still seeing price increases, while 74% are seeing some degree of price decreases, although many of these are listing prices that are coming down to earth and not home value declines.

Ryan Lundquist

Thanks Ryan! You always have your pulse on the market! And although you are in Sacramento, there is enough resemblance in the market, to make this applicable in Southern California.  https://sacramentoappraisalblog.com/2022/09/27/chuck-norris-eats-7-mortgage-rates-for-breakfast/

Markets in a Minute