September 2026 Market Report

Mortgage rates just hit a 20-month high: 6.95% on the 30-year fixed, with some measures over 7.12%.

California in August: 269,620 homes sold (up 2.4% from July), median price $901,420, with 3.7 months of inventory.

Fannie Mae's forecast: around 6.8% by end of year, 6.7% early next year — no straight drop coming.

Buyers are getting more choices and negotiating room; sellers who price right and show well are still selling.

Wondering what your home is worth in this market? First Call Carolyn at 909-223-6904.

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