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Mortgage Rates Officially Hit 2 Month Lows

Mortgage Rates Drop to 2 Month Low in time for the holidays!

Yuba/Sutter Market Update September 21, 2023

The Yuba/Sutter Housing Market changes by the week. Whether you are looking for an update in Yuba City, Live Oak, Marysville, or Plumas Lake, find out what the housing market is doing so you can make the best decision for you.

Mortgage Rates: Past, Present, and Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.

How Inflation Affects the Housing Market

Shelter inflation is the measure of price growth specific to housing. It comes from a survey of renters and homeowners that’s done by the Bureau of Labor Statistics (BLS). The survey asks renters how much they’re paying in rent, and homeowners how much they’d rent their homes for, if they weren’t living in them.

Today’s Housing Market Has Only Half the Usual Inventory

There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.

Why Median Home Sales Price Is Confusing Right Now

The median Home sales price in confusing right now and here's why....

Home Prices Are Rebounding

Despite what some claim, home prices in July 2023 are still going up in Yuba City, Marysville, Live Oak, Plumas Lake, Olivehurst and Sacramento Area.

How Remote Work Expands Your Homebuying Horizons

Momentum Is Building for New Home Construction

The shortage of preexisting homes in Yuba City, Marysville, Olivehurst, and Plumas Lake is driving buyers to consider new construction

Top 12 Reasons to Know What Your Home Is Worth

There are many reasons to know what your home is worth today, from selling your home, buying a new home, refinancing, home equity loans, property tax assessment, and so much more!

Only 2 Homes for Sale In Yuba City Homes Under $350k

Here we are the week before Labor Day, and we only have 2 single-family homes for sale in Yuba City under $350K. We have a supply problem.

The Worst Home Price Declines Are Behind Us

While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up.

Why Today’s Housing Market Is Not About To Crash

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.