Central Valley Real Estate Current Trends

Mortgage rates have dipped to their lowest levels in nearly a year, creating new opportunities for buyers and sellers in California’s Central Valley. With 30-year fixed rates sliding closer to the mid-6% range, many local families who were previously priced out are beginning to re-enter the market. For sellers, the drop means more qualified buyers and quicker offers,.

We also see current homeowners are taking advantage of refinancing to lock in lower monthly payments. Although inventory in the Central Valley remains tight, the recent decline in rates is giving the housing market fresh momentum and easing affordability challenges across communities from Fresno to Bakersfield.