Sacramento - Real Estate Investor Pulse

Gavin Newsom moves family from Sacramento to ritzy Marin County for ‘$60K-per-year private school’

June 28, 2024 Mariel Alumit Comments Off

Public schools for thee, but not for me. California Gov. Gavin Newsom is moving his family from Sacramento to ritzy Marin County so that his oldest daughter can attend a posh private school where tuition […]

Experts weigh in on the real estate markets in Sacramento, South Florida, Philadelphia, Atlanta and Austin

May 15, 2023 Mark Paul Cervantes Comments Off

Single-family existing-home sales prices climbed in approximately 70% of measured metro areas – 152 of 221 – in the first quarter of this year, according to the National Association of Realtors. The national median single-family […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]