Found 4 blog entries tagged as Home Prices.

Mortgage rates have jumped again.

About three weeks ago, the average 30-year mortgage rate was around 6.75%. This week, it is around 7.25%.

That's a pretty significant move in a very short period of time.

But instead of focusing only on what happened over the last three weeks, I thought it would be more interesting to zoom out and look at what has happened over the last four years.

We've Been Here Before

It might feel like 7% mortgage rates are unusually high, but we've actually spent much of the past four years bouncing between roughly 6% and 8%.

Rates approached 6% in early 2023, again in September 2024, and briefly fell below 6% in February 2026.

Each time, the lower rates didn't last very long.

We've also seen rates above…

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As summer winds down, the Placer County housing market continues to show resilience.

August brought a noticeable seasonal slowdown in closed sales, but inventory also declined and home prices continued to appreciate. Pending sales remained steady, suggesting buyers are still active even as we move toward the typically slower fall real estate market.

Here's a closer look at what happened in the Placer County real estate market in August 2026.

Inventory & Sales Activity

Inventory declined in August, while closed sales slowed considerably from July.

August Highlights

  • Homes for sale decreased 3.2% compared to July.
  • Inventory remained 2.7% lower than August 2025.
  • 394 homes sold, down 21.2% from July.
  • Closed sales were 0.8%…

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As we close out 2025, December’s numbers provide a clear snapshot of where the Placer County housing market stands heading into the new year. While activity slowed seasonally—as it typically does during the holidays—the market remained firmly tilted toward sellers, supported by limited inventory and steady demand.

Below is a breakdown of what stood out last month and what these trends suggest as we move into 2026.

Inventory & Sales Activity

December continued to reflect a seller’s market, even with fewer listings coming to market late in the year.

  • For-sale inventory: Up 13.3% year-over-year, giving buyers more options than last December

  • Month-over-month inventory: Down 23.2%, reflecting the typical holiday slowdown

  • …

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As we move deeper into the winter season, the November housing numbers for Placer County show a market that continues to favor sellers while clearly slowing into its seasonal rhythm. Inventory remains tight, prices are steady, and buyers are still active — though more selective than they were a year ago. Below is a breakdown of how the market shifted and what these trends mean as we head toward 2026.

Inventory & Sales Activity

November saw a mild increase in year-over-year inventory, giving buyers a bit more breathing room, but the month-to-month slowdown reflects the typical holiday season dip.

  • For-sale inventory: Up 8.1% YoY, improving selection slightly.

  • Month-to-month inventory: Down 13%, with fewer new listings entering…

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